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Kay
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Here are the form exhibits, as we discussed: Kay
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Here's my little bit of info: GE (S & S) - I've spoken with Lee Johnson (commercial lead) and have traded voice mails with Kent Shoemaker regarding the project specific turbine contracts.
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I'm requesting a meeting with them on Thursday to iron our details.
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I requested a revised draft this week (from Andrews & Kurth), but have not received it yet.
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ABB - I've swapped calls with Mike Sandrige (their commercial lead) about it, but haven't connected.
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The contract is more straight forward, so problems are not expected.
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Initial draft of the project specific contracts has been prepared.
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Blue Dog - Is that GE equipment?
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Sheila may have someone she wants to work on it.
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If not, I can fit it in since it relates to what I'm working on with the GE contracts.
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Austin - this is Stuart's project.
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Kay
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Suzanne, Please call (not email - he doesnt check it) Paul Pipitone (Andrews & Kurth) and see if he is available for a meeting (or conference call) to discuss the GE facility agreement sometime tomorrow - either am or after 300.
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Thanks, Kay
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Gregg, Sorry, I thought Suzanne had confirmed it.
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We are on for 330.
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I can call you.
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Kay
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At 330 please get Sarah and Heather Brown (Bracewell) on the phone for me, then I'll get Gregg.
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Thanks,
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Hi John, Karen Jones in Portland has been working on it for ENA.
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I don't know the status.
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Kay
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I don't remember this one.
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Kay
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Rusty, You are going to have to refresh my recollection as to this piece of land.
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Kathleen, could you please get with Rusty or Fred to see what's up.
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Thanks, Kay
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Let me tell, that is one 225 pound pitiful soul when he is sick.
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He has a head cold, so he is going home to go to bed.
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He will sigh and moan, and carry on like you wouldn't believe.
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He will be incapable of discussing anything other than how he feels.
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Is the October 13, rev 3 the final version?
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Kay
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A call works.
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It will be the Enron commercial lead (Ben Jacoby), Stuart Zisman, the GE commercial lead and the GE lawyer.
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It is about the contract he prepared (although now I wonder).
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If he prefers to have whoever will be doing the drafting, that's fine, too.
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Kay
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Gentlemen: Attached is a draft of the facility agreement, without reference to WestLB.
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It just came in, so I haven't reviewed it.
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It looks like 330 tomorrow will work for this group, unless you tell me otherwise.
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I'll get back to you with the location.
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Kay
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Per my voice mail
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Please print the blackline for me.
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Thanks, Kay
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CST.
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That was right, right?
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I'm going to have the outside lawyer involved for the purpose of turning the revised draft, so long as you don't have an objection (objecting=volunteering to turning the next draft!) Kay
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Enron: Withdrawing 300 MW From Summer Peaking Program Wednesday, November 1, 2000 02:18 PM ?Mail this article to a friend (Corrected 1:59 pm) NEW YORK (Dow Jones)--In response to new California power market rules proposed Wednesday by the U.S. Federal Energy Regulatory Commission, Enron Corp (ENE, news, msgs) has canceled some new generator projects it was discussing with the state's electric grid operator, Enron said.
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The generators that are no longer financially feasible would have amounted to 300 megawatts of new generation installed in California next spring, Enron said.
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The company, however, continues to negotiate other new generator projects with the California Independent System Operator.
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The FERC Wednesday proposed limiting the California Power Exchange's price setting mechanism to $150 a megawatt-hour.
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The preliminary order could become a federal mandate by the end of the year, after the FERC takes comments from the public, or it could be modified.
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Enron and 13 other companies, meanwhile, are in final negotiations with the ISO for the new peaking capacity for next summer.
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The ISO plans to pay a total of $255 million a year for three years to the power companies for installing the new generators, which the power companies will own.
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In addition, California's three investor-owned utilities would pay the generators for any electricity the new generators produce.
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Pricing for the power would likely be based on the daily price set by the state-chartered "There's too much uncertainty that we would be able to recover the cost associated with those specific projects. For the purposes of making capital commitments, we view this as a $150 price cap," Enron's Mark Palmer said.
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Earlier Wednesday, the ISO's chief operating officer, Terry Winter, expressed concern that FERC's proposed new rules could jeopardize some of the projects.
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FERC's proposals Wednesday are the result of a two-month investigation of California's wholesale electricity market, where prices this summer were three times what they were a year earlier.
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To meet the state's rising demand for power, California's three utilities have paid billions of dollars more than anticipated to independent power producers in order to keep the lights on.
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By Mark Golden, Dow Jones Newswires; 201-938-4604; mark.golden@dowjones.com Quote for referenced ticker symbols: EIX, ENE, PCG, SRE , 2000 Dow Jones & Company, Inc. All Rights Reserved.
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I see Ben keeps calling me.
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Any idea what's up?
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I probably have another 30 minutes on this call.
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Probably wouldn't hurt.
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Tell him I'll be on for another hour.
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Thanks, Kay
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Your list is very close to mine.
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I'm making a list as I go back through the draft, so I'll update when I get through.
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Kay
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Hi Dale, We are meeting with GE tomorrow to talk about this.
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Please let me know if you have any suggestions or comments.
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Ditto on the ABB agreement which I forwarded not too long ago.
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Kay
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Do you have Thomas Heatherington's card (Bracewell guy)?
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Thanks, Kay
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This looks like it belongs in the specs.
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What do you think?
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Kay
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Hi Scott, I have these questions: What do we mean by configuration?
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We are telling them that we will give them the configuration by date x, but I'm not sure what we mean.
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What was decided on spare parts, if anything?
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I know it is repetitive, but could you email me a basic timeline of what you see as the key dates for site designation, shipping, anything else you can think of?
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I've started a timeline but would like to cross check.
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I was hoping to have it done before noon, but the 930 conference call will impact that.
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I have a meeting this afternoon from 230 until 500 or so, so I'm trying to get done before then.
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Thanks, Kay
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Please call Ben Jacoby and see if we can push our meeting to 230.
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Please advise Stuart that I'm planning to meet with Ben at 230, and invite him to join.
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Thanks, Kay
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Sheila went to these.
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I believe they cover the activities related to the development of the various site.
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I'm on a conference call or I would have called.
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Kay
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You don't need to re-number the definitions yet.
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Thanks, Kay
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Perfect.
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