Message-ID: <24177365.1075844466926.JavaMail.evans@thyme>
Date: Wed, 29 Nov 2000 09:45:00 -0800 (PST)
From: edward.sacks@enron.com
To: sara.shackleton@enron.com, mary.cook@enron.com, susan.bailey@enron.com, 
	stephanie.panus@enron.com, samantha.boyd@enron.com
Subject: Guaranty Agreement - Alcoa Power Generating, Inc. / ENA
Cc: tracy.ngo@enron.com
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Yesterday we entered into a financial power transaction with Alcoa Power 
Generating, Inc. (Janelle Scheuer-trader) for the month of December.  The 
trade/confirm is subject to the reciept of a guaranty from Alcoa, Inc., as 
well, they have requested a gty from Enron Corp.  The guaranty amount that 
Alcoa originally had in mind was $1,800,000; however, after a discussion with 
Richard Totten at Alcoa, we concluded that $5,000,000 would be more 
appropriate so that we can add on additional trades if need be.  Please 
forward a copy of our guaranty format (outgoing and incoming) to the 
attention of the following people:

 Tom Seligson (atty)   thomas.seligson@alcoa.com  
 Richard Totten (credit)   richard.totten@alcoa.com  412-553-3304
 Jim Nixon           james.nixon@alcoa.com  865-594-4756

Since this transaction has already closed, could you please add this to your 
list of high priorities.  FYI - I will likely pursue both ISDA and EEI agmts 
with the cp.

Thanks in advance for your immediate attention.

Ed Sacks