re : longview dash the exposure goes up $ 3 mm - $ 5 mm per month up to the equipment contract cost of $ 67 mm for an incremental dash of approx $ 49 mm ( with interest ) . chip and i talked about approving the full amount , but checking monthly with you and him as to whether or not we want to continue payments . an alternative is to dash 2 more months now and formally evaluate our position at year - end .
chris calger
503 - 464 - 3735
- - - - - original message - - - - -
from : kitchen , louise
sent : friday , october 26 , 2001 2 : 25 pm
to : calger , christopher f .
subject : re : longview dash
how much ?
- - - - - original message - - - - -
from : calger , christopher f .
sent : friday , october 26 , 2001 4 : 20 pm
to : kitchen , louise
subject : longview dash
louise ,
chip will want to talk with you about the longview equipment . we are circulating a dash to enable us to continue making payments . if we do not continue to make payments , we forfeit the equipment and take a $ 23 mm hit . this is approximately 35 % of the total equipment contract . i think the equipment is worth more ( than 65 % ) and i believe that we will get out of this problem with less than a $ 22 mm hit . i therefore recommend that we commit the extra $ for this equipment . it will continue to be funded off b / s .
we continue to have discussions / negotiations with calpine , nrg and transalta . we have also opened up general equipment discussions with mirant and aes .
regards ,
chris calger
503 - 464 - 3735
re : longview dash
the exposure goes up $ 3 mm - $ 5 mm per month up to the equipment contract cost of $ 67 mm for an incremental dash of approx $ 49 mm ( with interest ) . chip and i talked about approving the full amount , but checking monthly with you and him as to whether or not we want to continue payments . an alternative is to dash 2 more months now and formally evaluate our position at year - end .
chris calger
503 - 464 - 3735
- - - - - original message - - - - -
from : kitchen , louise
sent : friday , october 26 , 2001 2 : 25 pm
to : calger , christopher f .
subject : re : longview dash
how much ?
- - - - - original message - - - - -
from : calger , christopher f .
sent : friday , october 26 , 2001 4 : 20 pm
to : kitchen , louise
subject : longview dash
louise ,
chip will want to talk with you about the longview equipment . we are circulating a dash to enable us to continue making payments . if we do not continue to make payments , we forfeit the equipment and take a $ 23 mm hit . this is approximately 35 % of the total equipment contract . i think the equipment is worth more ( than 65 % ) and i believe that we will get out of this problem with less than a $ 22 mm hit . i therefore recommend that we commit the extra $ for this equipment . it will continue to be funded off b / s .
we continue to have discussions / negotiations with calpine , nrg and transalta . we have also opened up general equipment discussions with mirant and aes .
regards ,
chris calger
503 - 464 - 3735