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Regards Delainey
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Rodney, interesting title- is someone giving you grief on this strategy?
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Regards Delainey
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Don, couple of points: a) would take a page to describe the Bridgeline structure (ie) we have done this before; b) haven't we done more that 150,000 transactions?
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c) we are getting paid a fee for providing the back-office services?
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Let me see what you come up with after discussing with Presto et al.
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Regards Delainey
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Good job Rodney - keep me up to speed and let me know where I can help.
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Regards Delainey
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Janet, its your book - if you feel we have the LM's licked and we need the resources/the value at risk is minimal, I would go ahead.
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I would get Calger on side as well.
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Regards Delainey
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looks fine to me regards
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Don, go ahead and set it up - what have been discussing with them on the gas side?
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Did CSFB tell them about the $400 Kw capital cost plus the three year Tell Beverly or Kay to make time for next week if Mr Forster can make it.
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Regards Delainey
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I'm already perfect :)
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Unless asked just bring your smile.
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Regards Delainey
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Jeff, my team believes that there should be a premium to book in the range we quoted to you; however, I appreciate your interest.
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I would agree that we have spent enough time on this and it is time to move on.
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Regards Delainey
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Wes, please have the detailed HPL numbers available to discuss on Monday.
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Regards Delainey
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Guys, lets set up a meeting between the three of us on Monday ASAP to discuss.
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I have a few ideas and I probably need to go have dinner with Lew to get him comfortable.
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This may be setting up to be a larger asset management transaction.
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Don can you try and find a time next week with Lew for me to have dinner - get Beverly to schedule the plane to get me in and out that day.
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If not next week then early the following.
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I think it will take a one on one with Lew to get this one centered.
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At our meeting, I would also like a status update on the other iniatives eg) The accounting issues on the generation projects need to be addressed as well.
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Regards Delainey
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Jordan, I assume the memo I asked for is in hard copy on my desk.
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Thanks Delainey
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I think we have the wrong date and time on this one - the Upstream QBR is August 28th for an afternoon.
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Regards Delainey
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FYI
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Please follow up if appropriate.
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Regards Delainey
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Eric, Jim Ajello in the industrial group is the best person.
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Regards Delainey
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Laura, I spoke to Tom about his retail proposals, I told him that you would coordinate a meeting between Mark Muller/Lou Pai and himself.
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I only want Lou going up if Tom is involved.
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However, Mark Muller is up to go and I have spoken to him with regard to the opportunity today.
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He is expecting your call.
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On a related note, I volunteered Wes Colwell (our controller and former Anderson person) to speak to Peoples accounting/ risk people and Anderson auditors on how to manage the issues surrounding marking the hub values inside Peoples.
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I would appreciate you coordinating that meeting.
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If Wes goes to Chicago, we want to ensure Leubbers, the Anderson folks and the appropriate Peoples accounting folks are available so Wes can spend the least amount of time on this issue.
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Jeff, where are we on the PECO/PSEG retail play that you spoke to Mark Muller about a couple weeks back?
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Mark, I forgot to mention that FPL is interested in potentially investing in the New Power Company - Tony Altman (President of FPL wholesale) would like to discuss.
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If interested please call him at 561-625-7777.
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If you don't think you will have any interest let me know and I will call him to let him know.
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I probably need to get back to him either way shortly.
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Thanks.
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Regards Delainey
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Jim, I would forward to Chris Calger, Janet Dietrich and Jean Mrha.
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Thanks Delainey
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Mike, if you Janet or Dave can cut the deal with Izzo go ahead and speak to him.
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I don't think there is any practical way to enforce any percieved call we have on Izzo so you will have to determine how much Larry really wants the trubine or how he could benefit from striking a different deal.
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Regards Delainey
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Rick, I hope you take the time to speak to Rodney Malcolm or Ray Bowen on how your technical and commercial exprience could help move the outsourcing product (in all its forms) forward in the industrial market.
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Otherwise, your welcome ...
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Regards Delainey
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Kay, make sure Mark knows when you are scheduling these QBR's so that he can ensure the package is ready - some of these are coming up next week.
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Regards Delainey
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Mark, note the feedback from the AA's, it is imperative that we get a handle on this!
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Let me know when I can spring our plan on Jeff.
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Regards Delainey
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Dawn, right now I am scheduled to be up in Calgary on the 16th of August - lets shoot for that date.
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Regards Delainey
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Jennifer, you are very welcome and I look forward to continuing to work with you - all the best.
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Regards Delainey
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Brian, great job - I would really like to get this done for third quarter please let me know how I can help.
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I have heard that you can request a expedited HSR for fairly straight forward deals like this.
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Wes, I believe that we don't have any issues recognizing the value from this transaction - please confirm.
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Regards Delainey
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Rick, we have re-examined the portfolio as a result of our last meeting and have an expected portfolio of $500M (gross) or $408M (net-ENA's share) to be placed into Raptor on September 1.
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We have a second tranche of $608M (gross) or $396M (net ENA's share) to be placed into Raptor 2 on December 1.
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Kafus, Ecogas, Brigham, Crown Energy and Merlin CLO Equity Option will not be part of either Raptor 1 or Raptor 2.
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Please confirm that this is consistent with you view of capacity and timing.
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Regards Delainey
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Wes, as per our discussion, I wanted to detail the action items from the analysis: a) the Office of the Chairman will be increasing the visibility of ROCE and cost metrics as a part of the QBR process; - MPR rationalization, Raptor strategy and divestment/clean-up - - LRC optimization, increased performance - Redmond/M...
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c) specific cost reduction iniatives as detailed in your presentation - implement with feedback/measurement process to ensure buy in - Wes Colwell; and d) further analysis on quality of product/service for cost for non-commercial and group expenses - Wes Colwell.
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Regards Delainey
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Charlie, looks pretty general - only comment is what is the Product Purchase Agreement entail?
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Do we want to go into more detail on the nature of the alliance, the target market and the nature of the excusivity (ie) wholesale renewables applications, ENA, major state programs - all of it based upon the Conneticut job working?
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Regards Delainey
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Shocker!
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Edward, you are very welcome and I appreciate all the efforts to ensure the transition works and we get the accounting treatment we want on Garden State.
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Regards Delainey
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David, I want to enforce this to nth degree given his understanding of our industrial offering and that fact he mis-represented his reasons for leaving.
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Regards Delainey
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please put on schedule
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Charlie, your call - just a question
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Kay, please have Jordan forward this in hard copy to your attention.
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In don't need to be in the e-mail loop.
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Thanks Delainey
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Jeff, we are thinking about how to finish the mid-market iniative and I need to know if you want Breslau.
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I would like him in a singular role and accountability so I need to plan to incorporate him or not depending on if you want him.
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Regards Delainey
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