Message-ID: <3894079.1075844919449.JavaMail.evans@thyme> Date: Wed, 28 Mar 2001 09:30:00 -0800 (PST) From: sara.shackleton@enron.com To: stewart.rosman@enron.com Subject: WAPA ISDA Request Cc: tracy.ngo@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: tracy.ngo@enron.com X-From: Sara Shackleton X-To: Stewart Rosman X-cc: Tracy Ngo X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_2\Notes Folders\Sent X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Stewart: Per your voice mail, I have not yet received any credit from Tracy and, consequently, have not sent a master to the WAPA lawyer. Do you want me to send a "sample governmental master agreement" which would not be tailored specificlally for WAPA? Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com ----- Forwarded by Sara Shackleton/HOU/ECT on 03/28/2001 05:22 PM ----- Sara Shackleton 03/20/2001 01:22 PM To: Tracy Ngo/PDX/ECT cc: Stewart Rosman/HOU/ECT@ECT Subject: WAPA ISDA Request Tracy: I just spoke wtih Stewart about this counterparty and the fact that you previously prepared credit (for physical trading). Please send a credit worksheet for financial trading and we can deliver a draft ISDA to the lawyer per Stewart's instructions. Let me know if you have any questions. Thanks. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com ----- Forwarded by Sara Shackleton/HOU/ECT on 03/20/2001 01:18 PM ----- Stewart Rosman 03/16/2001 11:24 AM To: Sara Shackleton/HOU/ECT@ECT cc: Steve C Hall/PDX/ECT@ECT, Christian Yoder/HOU/ECT@ECT Subject: WAPA ISDA Request Sara - I would like to discuss with you a potential opportunity at WAPA Sierra Nevada. We have just sent them an EEI and would like you to send them an ISDA. Basically in the near future they might find themselves quite short due to a PG&E contract being invalidated. If that happens they will either: 1. Buy physical power from the market (use our EEI) 2.Do a financial swap with the market and continue to do the physical index with PG&E (there are some reasons for this which I am not 100% sure on). The lawyer we have dealt with is Koji Kawamura and his email address is: kawamura@wapa.gov Thanks for your help - If you have any questions please let me know. Stewart Rosman