Please follow up directly with the referenced developers...........
---------------------- Forwarded by Thomas M Suffield/Corp/Enron on 
02/23/2000 08:58 AM ---------------------------


Richard Park@ENRON_DEVELOPMENT
02/22/2000 06:48 PM
To: Thomas M Suffield/Corp/Enron@ENRON
cc:  

Subject: Summary of meeting w/ Don Miller

Subject: Progress on projects

Attendance Don Miller
  Scott Healy (phone)
  Don Black
  Tom Swank
  Mike Miller/Ben Jacoby (left in middle)


TECO (Don) Revenue potential in $18-20 MM with cost at $16-20 MM
  Model/Algorithm in place with sensitivities next week
  Need data point for credit analysis
  ABM AMRO ?? financial advisor
  Insurance Angle ??
  Need support from CTG for modeling and contract negotiations:  Ben R.and 
Jinsung

UAE (Tom) $120 MM for 5 turbines
  Enron price: 13.5 base; 13.95 w/ Sprint enhancement
  S&S (market): 14.1; 14.6
  Straight turbine sell-down but contrary to Enron strategy
  Issues between: Drywell/ DLE/water injection

  UAE will go forward w/ or w/o Enron-Ben Rogers
  
Scott:  Need bid number from desk for PJM
  Restructuring effort (TBG) John House and Chad L.


Don:  Finding strategic partner for IPO spin-off of generation assets
  Candidates: Orion, NRG, Mission, Sithe, Cogentrix, Panda, and other smaller 
players
  50,000-foot level discussion-Ben T, Clement Lau

Some of the part was too mundane to be captured as discussion points!  Please 
forward to the right people.

Regards,
Rich
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