Message-ID: <19970511.1075844506602.JavaMail.evans@thyme> Date: Mon, 26 Jun 2000 05:21:00 -0700 (PDT) From: tanya.rohauer@enron.com To: chris.foster@enron.com Subject: Re: Confirm for Power Swap Cc: sara.shackleton@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: sara.shackleton@enron.com X-From: Tanya Rohauer X-To: Chris H Foster X-cc: Sara Shackleton X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\Notes inbox X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Chris, Six month 15MW transaction with Atlantic Richfield is fine. Tanya To: Tanya Rohauer/HOU/ECT@ECT cc: Sara Shackleton/HOU/ECT@ECT Subject: Re: Confirm for Power Swap Tanya: I showed them a price and it looks like they will not be transacting today. The heat is off temporarily, but I would like to make sure we are OK with credit as they very well could be transacting soon. Can we do this transaction? Please note that the volume is 15 MW and not 50 as indicated in the confirm. Thanks Chris From: Sara Shackleton on 06/26/2000 08:31 AM CDT To: Tanya Rohauer/HOU/ECT@ECT cc: Chris H Foster/HOU/ECT@ECT Subject: Confirm for Power Swap Tanya: I just spoke with Chris about this ARCO transaction which might trade TODAY. We are "cleaning up" some of the language as it was based on the prior ARCO deal (when we were ECT). Please note that Enron Corp. previously provided a guaranty. I am not certain whether that guaranty is tied to the transaction specifically and I'll try to track down. Will ENA provide a parent guaranty for the new transaction? Please let me know. Thanks. Sara ----- Forwarded by Sara Shackleton/HOU/ECT on 06/26/2000 08:27 AM ----- Chris H Foster 06/23/2000 01:24 PM To: Sara Shackleton/HOU/ECT@ECT cc: Tracy Ngo/HOU/ECT@ECT, Kim Ward/HOU/ECT@ECT Subject: Confirm for Power Swap Sara: Arco is back. Could you please review the attached and let mw know if we can transact under this confirm? Chris ---------------------- Forwarded by Chris H Foster/HOU/ECT on 06/23/2000 01:27 PM --------------------------- Enron Capital & Trade Resources Corp. From: "David K. Dyck" 06/23/2000 11:03 AM To: cfoster@enron.com cc: MWOODWA1@mail.arco.com, "James Wong" , Heynst@bp.com Subject: Confirm for Power Swap Chris, I've attached a simplified confirm based on our prior May, 1999 version. The only change in the new draft is to represent the fact that we are now using only firm energy rather than a blend of firm and nonfirm. As a result volume weighting should only apply on holidays and Sundays when on-peak and off-peak values may need to be weighted in with 24-hour firm values. On a related issue, how quickly could you have a corporate guarantee available? Dave (See attached file: Enron_Confirm062300.doc) - Enron_Confirm062300.doc