alamac / aig letter agreement and term sheet to all :
attached below please find the draft agreement and term sheet between ena and aig / highstar regarding the purchase and sale of the north carolina power holdings coal facilities ( alamac ) . the term sheet outlines 1 ) the asset sale , 2 ) the short - term call option agreement with cp & l , 3 ) a short - term financial put option between epmi and aig , 4 ) the asset management services agreement , 5 ) the agency or " brokerage " agreement whereby enron acts on aig ' s behalf to resell the plants to a third party , and 6 ) an agreement to offer aig a financial hedge for 2002 or a long - term power purchase agreeement in the future if the plants are not sold as expected .
i have sent these drafts to aig and expect to finalize them next week .
regards ,
heather
alamac / aig letter agreement and term sheet
to all :
attached below please find the draft agreement and term sheet between ena and aig / highstar regarding the purchase and sale of the north carolina power holdings coal facilities ( alamac ) . the term sheet outlines 1 ) the asset sale , 2 ) the short - term call option agreement with cp & l , 3 ) a short - term financial put option between epmi and aig , 4 ) the asset management services agreement , 5 ) the agency or " brokerage " agreement whereby enron acts on aig ' s behalf to resell the plants to a third party , and 6 ) an agreement to offer aig a financial hedge for 2002 or a long - term power purchase agreeement in the future if the plants are not sold as expected .
i have sent these drafts to aig and expect to finalize them next week .
regards ,
heather