Message-ID: <9669285.1075853442672.JavaMail.evans@thyme>
Date: Tue, 20 Feb 2001 06:22:00 -0800 (PST)
From: elizabeth.sager@enron.com
To: janice.moore@enron.com
Subject: TVA - new deal
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Elizabeth Sager
X-To: Janice R Moore
X-cc: 
X-bcc: 
X-Folder: \Elizabeth_Sager_Nov2001\Notes Folders\Sent
X-Origin: Sager-E
X-FileName: esager.nsf

----- Forwarded by Elizabeth Sager/HOU/ECT on 02/20/2001 02:21 PM -----

	David Portz
	02/20/2001 02:06 PM
		 
		 To: Elizabeth Sager/HOU/ECT@ECT
		 cc: 
		 Subject: TVA


----- Forwarded by David Portz/HOU/ECT on 02/20/2001 02:05 PM -----

	Joseph Wagner@ENRON
	02/20/2001 09:57 AM
		 
		 To: David Portz/HOU/ECT@ECT, Edward Sacks/Corp/Enron@Enron
		 cc: 
		 Subject: TVA

Dave and Ed,

We closed two option deals with TVA last week.  They have sent the following 
comments on our standard confirms. 

Dave - Rogers has already commented on the 16 hour call.  His comment was 
that this is a 16 hour call, all or none, not up to 16 hours.  Secondly, the 
option is exercisable in 50 MW blocks (increments of 50MW) not a minimum of 
50 MW.  Please look at the rest of the language and let me know your 
thoughts.  Thanks.

Ed-  there are some credit additions on page 3 under credit assurance.  Let 
me know what you think.

Thanks guys.

-Joe