re : tomorrow ' s origination meeting louise :
apologies , but i will not be able to attend or call into tomorrow ' s meeting . heather and i are going to tulsa to meet with williams to discuss a toll off of midway and ft . pierce . fred , however , will attend .
i have the following updates on our q 4 deals :
1 . aes haywood - no change in status . expect to receive final $ 2 million upside payment in q 4 .
2 . doyle - negotiating definitive sale documents with walton . expect to sign docs by end of next week . deal is subject to ferc approval , to be requested upon doc execution . ferc approval is anticipated to take 60 days .
3 . onondaga - have received expressions of interest from two parties ( united capital and trust company of the west ) . will move toward binding term sheet within next several weeks . indicative values are $ 11 million .
4 . midway and ft . pierce - have issued investment memorandum to several interested parties , and expext indicative bids in 45 days . have also bid midway , deerfield , and corbett sites into fpl rfp ( short list to be announced late october ) . also pursuing potential tolling deals with williams and mirant .
5 . georgia - have sent calpine definitive purchase docs for two sites ( athens and hartwell ) . expect comments back late this week . will also use sites to bid into georgia power rfp due this week .
please let me know if you have any questions .
regards ,
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ben jacoby
( 713 ) 853 - 6173
re : tomorrow ' s origination meeting
louise :
apologies , but i will not be able to attend or call into tomorrow ' s meeting . heather and i are going to tulsa to meet with williams to discuss a toll off of midway and ft . pierce . fred , however , will attend .
i have the following updates on our q 4 deals :
1 . aes haywood - no change in status . expect to receive final $ 2 million upside payment in q 4 .
2 . doyle - negotiating definitive sale documents with walton . expect to sign docs by end of next week . deal is subject to ferc approval , to be requested upon doc execution . ferc approval is anticipated to take 60 days .
3 . onondaga - have received expressions of interest from two parties ( united capital and trust company of the west ) . will move toward binding term sheet within next several weeks . indicative values are $ 11 million .
4 . midway and ft . pierce - have issued investment memorandum to several interested parties , and expext indicative bids in 45 days . have also bid midway , deerfield , and corbett sites into fpl rfp ( short list to be announced late october ) . also pursuing potential tolling deals with williams and mirant .
5 . georgia - have sent calpine definitive purchase docs for two sites ( athens and hartwell ) . expect comments back late this week . will also use sites to bid into georgia power rfp due this week .
please let me know if you have any questions .
regards ,
- - - - - - - - - - - - - - - - - - - - - - - - - -
ben jacoby
( 713 ) 853 - 6173