Message-ID: <2820553.1075842031157.JavaMail.evans@thyme> Date: Wed, 24 Oct 2001 09:10:30 -0700 (PDT) From: john.zufferli@enron.com To: derek.davies@enron.com Subject: FW: AES Calgary: Revised Tolling Inputs Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Zufferli, John X-To: Davies, Derek X-cc: X-bcc: X-Folder: \ExMerge - Zufferli, John\Sent Items X-Origin: ZUFFERLI-J X-FileName: john zufferli 6-26-02.PST -----Original Message----- From: "Derek Denniston" @ENRON Sent: Wednesday, October 24, 2001 9:55 AM To: Davies, Derek; Hrap, Gerry; Zufferli, John Subject: AES Calgary: Revised Tolling Inputs Gentlemen, First, my condolences on your stock price. All I can say is that I empathize: AES fell 49% in one day a few weeks ago. I suspect the market will bounce back for both our companies before very long. I attach a speadsheet with slightly revised performance numbers, and per our last conversation, I have added numbers on ramp rates and start times to help you better model the optionality. When the forwards improve (as a developer, I MUST be optimistic!), you can use this updated information to update your pricing. I look forward to resuming our discussions. Regards, Derek Denniston Vice President AES Calgary o: 415.395.7886 f: 415.395.7891 m: 415.786.3773 ddenniston@aesc.com - Tolling Inputs 10-23.xls