Subject: Warranty
From: [email-masked]
To: [email-masked], [email-masked], [email-masked], [email-masked]
Cc: [email-masked]
Date: Wed, 24 Jan 2001 08:29:00 -0800 (PST)

I spoke with Dick Vincent who indicated that we will have no problem 
obtaining 12 mos renewable business interruption insurance when we go 
operational on gas.  This should solve the warranty issue with the banks 
because it covers defects, design, and workmanship on the turbines and 
includes lost profits, etc.  Incidentally, for insurance purposes the 
turbines are designated DE3 which is not a new technology designation. 

Typically we will always have this coverage in place but if their is a 
supplier warranty then the party providing the warranty pays ahead of the 
insurer.  In the case where the supplier does not pay or the warranty has 
ended then the insurer will pay.

Now we just need to come up with a fix for the drop dead date.

Regards,

Rob