Shona,
 Access to the Executive Reports Viewer is at the discretion of John
Lavorato.  Recently, the list was revised in an effort to minimize access.
If you feel your name was removed in error, please feel free to contact John
at x37991.

Thanks,

Kristin Walsh
(713) 853-9510

	From:  Shona Wilson @ ENRON                           09/15/2000 01:50 PM

To: Christa Winfrey/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT
Subject: Re: Executive Reports Viewer

I tried to get into the reports viewer and noted that changes have been
made.  As I am the director responsible for the DPR, I need access to all
reports.

Please let me know when you have given me access again.

Regards,

Shona

X39123

Christa Winfrey@ECT
09/13/2000 03:16 PM
To: Brad McKay/HOU/ECT@ECT, Greg McClendon/HOU/ECT@ECT, Peter F
Keavey/HOU/ECT@ECT, Larry May/Corp/Enron@Enron, Mike Grigsby/HOU/ECT@ECT,
Sandra F Brawner/HOU/ECT@ECT, Kristin Albrecht/Enron Communications@Enron
Communications, Eugenio Perez/HOU/ECT@ECT, Shona Wilson/NA/Enron@Enron, Sarah
Mulholland/HOU/ECT@ECT, Robert Richard/Corp/Enron@ENRON
cc: Annemieke Slikker/NA/Enron@Enron, Kristin Walsh/HOU/ECT@ECT

Subject: Executive Reports Viewer

In an effort to maintain the integrity of the sensitive reports of ENA, and
therefore, minimize access to this information, permissions to the Executive
Reports Viewer were recently reviewed by John Lavorato, and his revisions
were made accordingly.

If you have any questions or comments, please contact me at 3-9307 or Kristin
Walsh at 3-9510.

Thank you,
Christa Winfrey


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Top Stories (February 14)

CALIFORNIA GOVERNOR REQUESTS ADDITIONAL $500 MILLION TO BUY ENERGY
As Gov. Gray Davis works to craft a bailout plan for California's two largest
electric utilities, California's fledgling foray into the power business is
coming at an ever more expensive price that is nearing $2 billion.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/14/krtbn/0000-0350-SJ-ENERGY

CALIFORNIA CONSIDERS BUYING POWER LINES AMID CHANCE OF LOSING PRICE CAP
With a potential legal guillotine looming on Monday, Gov. Gray Davis is
trying to piece together the framework of a utility bailout that includes a
state purchase of privately owned electricity transmission lines in exchange
for a series of concessions from Pacific Gas & Electric Co. and Southern
California Edison.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/14/krtbn/0000-0358-SJ-POWER-LINES

BORALEX INC. TO ACQUIRE 2 POWER PLANTS IN VERMONT
Boralex Inc. has agreed in principle to acquire two power facilities in
Vermont from Citizens Utilities.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/14/eng-djn/eng-djn_112028_70_7387464866042

UTILITY COMPANY BOWS OUT OF PENNSYLVANIA ELECTRICITY MARKET
PG Energy is getting out of the electricity business this year. That leaves
the company's residential customers who live in the PPL service area with
three options, according to a state Web site.
http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri
dder/2001/02/14/krtbn/0000-0514-WB-ELECTRIC

GREEN MOUNTAIN ENERGY COMPANY WINS OVER 400,000 OHIO CUSTOMERS UNDER
COUNTRY'S LARGEST ENERGY AGGREGATION CONTRACT
Green Mountain Energy Company, featuring the leading brand of cleaner and
renewable energy, today was selected to serve over 400,000 Ohio electricity
customers in the country's largest-ever energy aggregation contract.
http://199.97.97.163/IMDS%PMANAT0%read%/home/content/users/imds/feeds/prnewswi
re/2001/02/14/tXbXo/2757-0651-TX-Green-Mountain-Co..photo.

NYISO: NYC NEEDS ANOTHER 296 MW TO MEET SUMMER POWER DEMAND
The operator of New York's bulk power grid said Wednesday New York City must
add more generation to meet projected electricity demand this summer.
http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/
02/14/eng-djn/eng-djn_210039_24_9287815438583

----------------------------------------------------------------------
DOW JONES NEWSWIRES
----------------------------------------------------------------------
Access stories online at:
http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index

NYISO: NYC Needs Another 296 MW To Meet Summer Pwr Demand

Winstar Comm To Connect To LighTrade Pooling Points

EEI: Elec Output Report For Wk Ended Feb 17 Delayed 1 Day

EEI: US Electric Output For Wk Ended Feb 10 Up 1.6% On Yr

Colorado PUC:XCel Energy Can Upgrade 115KV Line By Summer

Green Mtn Energy Gets Deal To Serve 450K Ohio Customers

Families Of Miami Men To Get $96M In Frozen Cuba Assets

LIPA Raising Plant Capacity To Meet Summer Energy Needs

Merrill, BNP Paribas Analysts Cautious On Edison, PG&E

Brink Looms After California Utility's Day In Court

Keyspan, Elec Workers Reach Agreement To Avert Strike

US Weather:Showers Cover Southern Half Of Nation

Spain's Regulator Sparks Problems For Ferroatlantica

Boralex Inc./Buy -2: Sees C$600,000 EBITDA Boost >BLX.A

EnBW Not Giving Up On Spain's Cantabrico Despite Setback

Boralex Inc. To Acquire 2 Power Plants In Vermont >BLX.A

Edison Intl: No Decision From Banks On Extending Credit

Ferroatlantica To Wait For CNMV Decision On RWE Bid>G.RWE

Endesa's Opciona.com Chosen For Internet-based Elec Mkt

Spanish Press:Cantabrico Chmn Sees "Economic Rationality"

India Press:Marathon Oil In Race For Enron Oil Stake

FREE TRIAL: For a free trial of the Dow Jones Energy Service go to
www.dowjonesnews.com, and click "create account," or call
1-800-223-2274.

----------------------------------------------------------------------
N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-nat.htm

Calif's 30th Consecutive Power Alert

Power Needs, Clean Air Standards Clash

Progress Energy Completes $3.2 Billion Bond Offering

American Pacific Claims Unjust, Unreasonable Electric Rates

Top Energy Summaries - Wednesday, February 14, 2001 - 5:20 PM

Senate Agrees To Power Deregulation Delay

-OPTIRON ISSUES A BILLING AND CUSTOMER CARE CHALLENGE TO THE UTILITY INDUSTRY

Great River Energy Issues RFP Seeking Power Supply Resources

Atmos Energy Declares Dividend

Account4 Selected to Power It for Philadelphia Gas Works

Power Supply Should Exceed Demand in New England Experts Predict No Poblems
During Summer

Dencor Energy Cost Controls Inc - Planned Merger with Reliable Power Systems

Energy Update/Los Angeles Department of Water And Power Daily Energy Update
for Wednesday, Feb. 14, 2001

Reliant Energy Minnegasco Launches Newly Designed Web Site; New Features
Designed to Improve Experience for Customers

Top Energy Summaries - Wednesday, February 14, 2001 - 2:25 PM

Repeats: Energy Volume And Open Interest Totals-Feb 14

Green Mountain Energy Company Wins Over 400,000 Ohio Customers under
Country's Largest Energy Aggregation Contract

Puco Chairman Schriber to Present Testimony to House Subcommittee on Energy
And Air Quality on Ohio's Power Siting Process

Cal-ISO Directs SCE to Curtail Some Customers; Conservation Urged As State
Faces Energy Shortfall

Up Next: Solvent Utility Firms

Long Island Power Authority Proposes New Plants

Fitch Publishes Credit Update Report on Lubbock Power & Light

Blue Dolphin Energy Company

Shock to the System: Power Crisis Was Long in the Making

Ohio Electric Choice Campaign Is Off to A Great StartOhio Electric Choice
Provides "State of The Education Campaign" Update

Utilities Consider Coal As a Fuel for Future Power Plants Due to Stable Price
And Supply Activists Are Prepared to Oppose The Move to Coal

Utility Offers Farmers a Deal Regulators Still Have to Approve Idaho Power
Plan

Power Suppliers Must Sell to California Judge Extends Temporary Order

Idaho Oks 29% Rate Increase for Avista Power Company Has No Control Over Cost
of Gas, Puc Says

Proton Energy Systems Awarded Key Patents for Lower Cost Hydrogen Production
And Purification

Power Prices at New Plant Can't Be Set Natural Gas Cost Predicted to Drop for
Canyon Site

Cambridge Energy Corp - Stuart Brown Consulting Corporation Issues Report on
Company

Equatorial Energy Inc - Closes Financing

El Paso Energy Partners, L.P. Announces Highlights of February 14 Analyst
Meeting

Power Measurement/Operation Technology Partnership Combines Energy Metering
with Real-Time AnalysisAlliance to Provide Complete, Intelligent Energy
Management Solutions

Interview with Electric City CEO John Mitola on Ceocast.Com; Interview
Available to Listeners at Financial Forum Website

Stuart Brown Consulting Corporation Issues Report on Cambridge Energy
Corporation

Docucorp And Vectren Announce Multi-Year Asp Contract; Vectren's Energy
Subsidiaries Will Outsource Bill Production, Distribution And Offer Ebpp

Pud Power Rate Hikes Are in BPA's Hands

New Bill Promises Big Tax Breaks for Energy Companies

Us: Uqu Compressor Drive Motors for Ford's Fuel Cell Vehicles

Us: Potomac Electric to Buy Conectiv for $2.2b

Longer Hours for Calif Power Plants

Whistle-Blower Wins Ruling Vs. GA. Power

Calif. Firm to Build Florida Power Plant

Letters from Our Readers ; Solar Power Is Abundant Here

Thermo Electron Cutting Power Unit

Wise Woos Power Woe Sufferers

Calif. Bill Could Create New State Power Transmission Authority

----------------------------------------------------------------------
I N T E R N A T I O N A L
----------------------------------------------------------------------
Access stories online at: http://www.powermarketers.com/pma-intr.htm

Edesur Signs Energy Efficiency Agreements - Argentina

Codelco Putting US$1.3bn Power Contract Out to Tender - Chile

CST Seeks Partner for Power Plants - Brazil

Cold Snap Boosts Coal Demand - Colombia, Venezuela

Scpl, Gamesa to Install 16 Wind Turbines Feb. - Argentina

Govt. to Boost Power Privatizations - Peru

Eletrobras to Market Energy from Nuclear Plants - Brazil

Cassol Plans Hydro Inauguration Jan.20 - Brazil

Bes Recommends Generation Sector - Brazil

Pemex Makes Natural Gas Contracts More Flexible

Power Rationing Lingers in Zimbabwe

Icsid Dismisses Malaysian Power Firm's Claims Against Tanzania

Mirant CFO Will Speak at Ubs Warburg Energy Conference

Brazil: Cpfl Investing in Electric Power Generation

Natural gas prices skyrocket

Top Energy Summaries - Wednesday, February 14, 2001 - 12:16 PM

Drnec Lashes Out at Rival Energy Drinks

Genrad Signs Global Contract with Celestica And Launches Next-Generation Mes
Platform

Iasiaworks Deploys Asia's Most-Advanced Data Center Power Design; Piller UPS
to Guarantee Continuous Services And Operating Efficiency

Hafslund Q4 boosted by active Norway power generation, U.S. energy trading

FX Energy Updates Operations in Poland

German regional utility EnBW still interested in Hidrocantabrico

Italys's ENI signs MoU to build power plant in Nigeria

Solar Energy to Be Widely Used in Buildings

China Power Finance to Acquire 4 Firms, Will Become Country's Biggest Finance
Player

Electricity Generating acquires 60 pct stake in power plant

Japan Govt Tender - RF Power Amplifier

Hokkaido, Sakhalin Discuss More Japan Investment in Energy.

Pakistan Govt to Seek Approval for 8 Hydro Plant Sites

----------------------------------------------------------------------
KRT DAILY ENERGY NEWS
----------------------------------------------------------------------
Access stories online at http://www.powermarketers.com/pma-krt.htm

Utility Company Bows Out of Pennsylvania Electricity Market

Power Plant Proliferate Across Gas-Rich Oklahoma Region

Gas Consumers in United Kingdom Face Higher Bills

Bid Battle Heats Up for United Kingdom-Based Yorkshire Utility

Battle Escalates Over Allegations at Russian Gas Producer Gazprom

Spanish Electricity Giant Endesa Becomes Bid Target After Failed Merger

California Utility Could Sell Land to State to Help Pay Deregulation Costs

California's Growing Silicon Valley Guzzling Power at High Speeds

California Considers Buying Power Lines Amid Chance of Losing Price Cap

California Governor Requests Additional $500 Million to Buy Energy

Texas Senator Criticizes Clinton's Order on Natural-Gas Supplies to California

Washington State Lawmaker Proposes Tax Break for New Power Plants

West Coast's Energy Hunt Renews Interest in Nuclear Solutions

Geothermal Systems Develop a Following Among Illinois Homeowners

ST. Charles, Colo., Residents Support Construction of Sewage Treatment Plant

Deregulation Fuels Salt Lake City-Based Utility's Profits

California Utility Companies Scramble to Lobby Legislators, Appease Creditors

Federal Judge Expected to Rule on California Utility Lawsuit

Washington Utility to Buy New Jersey Utility for $2.2 Billion

Mid-Atlantic Electric Utility Makes Bid for Delaware-Based Conectiv

California Judge Says Utilities Can't Pass Along Power Costs to Consumers

New Jersey Colleges Pledge to Cut Back Energy Use

New Massachusetts Energy Parent Company Introduces Deferred Billing Plan

New England Leaders Dismiss Foreshadowing of California Energy Crisis

Evening Standard, London, Andrew Smithers Column

Canadian Company Produces Efficient, Durable Fuel Cells

Superior, Wis., Lab Puts Fuel to the Test

California Officials Struggle to Prevent Energy Crisis

Ge's Power Systems Unit Moves Headquarters from Schenectady, N.Y., to Atlanta

Latham, N.Y.-Based Fuel Cell Maker Posts $22.3 Million Loss in Quarter

----------------------------------------------------------------------
REUTERS
----------------------------------------------------------------------
Access stories online at: http://207.32.82.57/news/ElectricPower.html

PG&E mulls debt restructure, banks won't move on unit

Brazil holds power line auction, contest thin

Turkish MPs extend power deregulation tender process

RPT-INTERVIEW-Enron business model almost limitless-CEO

Canada natgas prices mixed ahead of storage report

US Corp Bonds-Progress progresses, market regresses

Great River looks for 200-300 MW of Minn. power

INTERVIEW-Enron lauds Germany's open power market resolve

NY to revise energy plan early due to high power demand

El Paso concerned by growing Calif. credit risk

U.S. Enron worried by German power sector integration

UPDATE 2-Calif. pleads for power savings to avoid blackouts

NewPower posts quarterly loss

Group lays out plan for clean energy in U.S. Midwest

Ukraine PM wants top energy officials sacked

S&P rates Progress Energy $3.2 bln notes BBB

S&P comments on KeySpan Corp KeySpan Corp. corporate credit rating: A/Stable/A

McCook declines comment on Alcoa's Longview cuts

UPDATE 1-PG&E mulls debt restructure, banks won't move on unit

UPDATE 2-PG&E says banks won't move on unit,may restructure debt

Does the bell toll for NJ electricity deregulation?

Cleco files shelf for $150 mln in stock, debt

Nuclear watchdog: Iraq cooperated with inspection

Hard to pin blame for California power plant shutdowns

UPDATE 1-Peabody earnings eased in December quarter

UPDATE 3-Progress Energy sells $3.2 bln bonds after merger

UK consumer body warns energy firms over mis-selling

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Left msg for Dave Duran x37364 if he knows anyone


Kevin, I would like more detail on these issues of which I was not aware -
lets discuss next week.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 05/19/2000
05:22 PM ---------------------------

	Enron North America Corp.

	From:  Kevin M Presto                           05/19/2000 05:17 PM

To: David W Delainey/HOU/ECT@ECT
cc: Edward D Baughman/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron
Subject: Re: Mid Market

Dave,

To the extent you feel it is truly in ENA's best interest, Ed and I are
prepared to honor your wishes with respect to Tom Swank joining the
mid-market group.   However, it should be noted that we (as a group) have
significant reservations about Tom disrupting the chemistry in our group.
The input from all of my my key guys (including Rogers who worked with Swank
at Dynegy for a number of years) was negative regarding Tom as a member of
our team.

We are concerned about his longevity in the group and his work ethic in
general.  Again, I am prepared to respect your decision (particularly since
you control my paycheck) and give Tom the benefit of the doubt, but I wanted
to express my reservations.

Please let me know your thoughts


--------------------------------------------------

Telecommunications Reports presents....

                                  TR DAILY
                                  Oct. 26, 2001
--------------------------------------------------

PLEASE NOTE:  This electronic publication is copyrighted by
Telecommunications Reports International. Redistribution or
retransmission of any part of this electronic publication -- either
internally or externally -- is strictly prohibited. Violation will
be cause for immediate termination of your subscription and
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at (800) 822-6338, or send an e-mail to customerservice@tr.com for
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--------------------------------------------------

***See Monday's TR for an On-the-Record interview with John
Grimley, European issues adviser for London-based consultancy
Chelgate Ltd.  He discusses regulatory strategies for doing
business in Europe.

Table Of Contents
Click here for the full issue:
http://www.tr.com/online/trd/2001/td102601/index.htm

U.S. REACHES SETTLEMENT WITH NextWave;
McCain WARNS AGAINST `SHORTCHANGING' TAXPAYERS
http://www.tr.com/online/trd/2001/td102601/Td102601.htm

BUSH ADMINISTRATION SAYS IT OPPOSES
NORTHPOINT'S EFFORTS TO AVOID AUCTIONS
http://www.tr.com/online/trd/2001/td102601/Td102601-01.htm

COMMISSIONERS:  BROADBAND DEPLOYMENT SUFFERS
FROM UNCERTAINTY, SLOW REGULATORY PROCESSES
http://www.tr.com/online/trd/2001/td102601/Td102601-02.htm

ERICSSON FOCUSES ON COST-CUTTING
AS MOBILE GEAR MARKET RECEDES
http://www.tr.com/online/trd/2001/td102601/Td102601-03.htm

JDS UNIPHASE SEES DEMAND FALLING FURTHER,
AFTER FIRST QUARTER SALES DROPPED 45%
http://www.tr.com/online/trd/2001/td102601/Td102601-04.htm

MOODY's DOWNGRADES AT&T's DEBT RATINGS
http://www.tr.com/online/trd/2001/td102601/Td102601-05.htm

TELECOM EARNINGS ROUNDUP
http://www.tr.com/online/trd/2001/td102601/Td102601-06.htm

TELECOM SECTOR WEEKLY FUNDING ROUNDUP
http://www.tr.com/online/trd/2001/td102601/Td102601-07.htm

NEWS IN BRIEF
http://www.tr.com/online/trd/2001/td102601/Td102601-08.htm

****************************************************************
U.S. REACHES SETTLEMENT WITH NextWave;
McCain WARNS AGAINST `SHORTCHANGING' TAXPAYERS

A settlement to resolve the dispute over NextWave Telecom, Inc.'s
"C" and "F" block PCS (personal communications service) licenses is
complete, sources told TRDaily today.  Over the weekend, FCC
staffers intend to brief key congressional aides on the accord with
an eye toward having everyone on board for an announcement early
next week, sources said.

But a top senator today raised concerns that a settlement with
NextWave could "shortchange" U.S. taxpayers.  "What troubles me is
that spectrum auction revenues are being lost just when they are
most needed," said Sen. John McCain (R., Ariz.), the ranking member
on the Senate Commerce, Science, and Transportation Committee, in
a letter to Senate Majority Leader Thomas A. Daschle (D., S.D.) and
Minority Leader Trent Lott (R., Miss.).

Sen. McCain noted the numerous demands on the U.S. budget due to
the Sept. 11 terrorist attacks, including funding the war,
rebuilding damaged infrastructure, and propping up weakened
industries.

"Since revenues are essential to each of these vital tasks, I
believe that the government can no longer afford to simply `pay
off' a company whose only contribution to the American economy has
been to manipulate, for private gain, the results of an improperly
designed auction of a valuable public good," Sen. McCain added.

Sen. McCain noted NextWave reportedly would walk away with $5
billion in a settlement, and the U.S. Treasury would get about $11
billion.  By contrast, the government would have received $15.85
billion for NextWave's spectrum if an appeals court hadn't ruled
that the FCC illegally reclaimed the carrier's licenses.  A
reauction earlier this year of NextWave's licenses netted a total
of $16.8 billion, including licenses that didn't belong to
NextWave.

The senator also noted that Verizon Wireless reportedly had asked
to delay until May 2002 paying the balance of what it would owe on
the licenses it bid on at the reauction.

"What assurances will the American taxpayer have that the federal
government will receive the billions owed to them from the January
reauction?" Sen. McCain asked.  "The taxpayers of this country
deserve an agreement that properly ensures that settlement funds
are paid in full before the American taxpayer is asked to
participate in any settlement.

"The expected $17 billion. . .in receipts from January's reauction
would have provided revenue desperately needed to address the
recent terrorist attacks upon this country, and I am disturbed that
an American company would force American taxpayers to forgo some of
that money by exploiting legal technicalities," he added.  "But if
this does happen, then this Congress must use its oversight
authority to ensure that this matter is resolved upon terms that
protect the American people from being shortchanged once again."

Lawmakers' endorsement of any NextWave settlement is crucial;
Congress would be asked to approve legislation that would codify
the accord, sources said.

-- Paul Kirby, pkirby@tr.com

****************************************************************
BUSH ADMINISTRATION SAYS IT OPPOSES
NORTHPOINT'S EFFORTS TO AVOID AUCTIONS

Northpoint Technology, Inc.'s attempt to gain access to Ku-band
spectrum for free has suffered a major setback.  The Bush
administration has weighed in against the company, saying it
opposes any efforts to restrict the FCC's ability to assign
terrestrial licenses by competitive bidding.

The development represents a victory for the direct broadcast
satellite (DBS) and terrestrial wireless industries, which have
fought Northpoint on the issue.

Sources have said that Northpoint was attempting to get senators to
tack a "rider" onto a fiscal year 2002 appropriations bill that
would prohibit the FCC from auctioning spectrum to terrestrial
wireless providers if those frequencies were licensed to satellite
services without such competitive bidding (TR, Oct 22).

The FCC last year said that terrestrial wireless systems can share
the Ku-band with DBS providers and it is now considering technical
and service rules for licensing Northpoint, including whether to
auction the spectrum (TR, Dec. 4, 2000).

In an Oct. 25 statement regarding the Senate agriculture
appropriations bill, the White House's Office of Management and
Budget said the Bush administration "would strongly oppose any
amendment that would restrict the FCC's ability to assign, via
competitive bidding, spectrum licenses that could be used by
terrestrial (i.e., non-satellite) services.

"Such a provision would interfere with the efficient allocation of
federal spectrum licenses, provide a windfall to certain users, and
reduce federal revenues," OMB added.

The Satellite Broadcasting and Communications Association, which
represents DBS providers, praised the Bush administration's
position.  "There is no public policy or legal justification for
Congress to accept Northpoint's outrageous proposal to change
current law and give Northpoint the use of this spectrum for free,"
said Andy Wright, SBCA's acting president.

But Antoinette Cook Bush, Northpoint's executive vice president,
responded, "It is very hypocritical for SBCA to urge auctions for
our company, when its members such as Hughes [Electronics Corp.]
successfully urged Congress to enact legislation last year to
exempt themselves from auctions while their applications were
pending to share spectrum with Northpoint."

She added that Northpoint "only seeks fair and equal treatment with
other companies seeking to use the same spectrum. . .The existing
statutory exemption plainly gives satellites an enormous
competitive advantage over us and we're simply asking the Congress
and the administration to restore a technologically neutral
regulatory process."

-- Paul Kirby, pkirby@tr.com

****************************************************************
COMMISSIONERS:  BROADBAND DEPLOYMENT SUFFERS
FROM UNCERTAINTY, SLOW REGULATORY PROCESSES

FCC Commissioners today disputed that there's a "broadband crisis"
in the U.S.  Broadband deployment is occurring "on a reasonable and
timely basis" compared with the pace of earlier technologies, Com-
missioner Kathleen Q. Abernathy said.

She and Commissioners Michael J. Copps and Kevin J. Martin shared
their ideas for spurring the deployment of advanced services today
at a national broadband summit in Arlington, Va.  Sponsors of the
summit included the National Association of Regulatory Utility
Commissioners and the National Exchange Carrier Association, Inc.

Commissioner Copps called broadband a "precious right" for all
Americans but said it was "too early to say we have a `broadband
divide.'"  Commissioner Martin said the country should focus on
broadband as a "fundamental national priority."

"We need to change the way government taxes broadband services and
[creates] regulatory financial disincentives," he said.  He
specifically singled out state and local government burdens such as
franchise fees, right-of-way fees, and permitting processes.

"We need more strict enforcement of the collocation rules,
additional performance measures [on unbundled network elements],
and the FCC should reconsider which elements should be made
available," he said.  Regulators also need to remove the
"regulatory underbrush" of federal, state, and local rules, he
said.

The FCC should move expeditiously on the cable open access pro-
ceeding and perhaps create a "rocket docket" to resolve complaints
filed with the Enforcement Bureau, he said.  According to one
source, there are thousands of pending Internet service provider
complaints.

Commissioner Abernathy said the FCC should look at what it could do
to encourage investment in telecom facilities.  "We need to look at
the decision and rulemaking processes and address issues sooner,"
she said.  "We are behind the curve on technology advances."

Mr. Copps said the current pessimism regarding broadband deployment
was misguided.  Broadband can revitalize the economy, he said.  But
the FCC "gets in trouble when it doesn't look at the supply-and-de-
mand issues for a service and sets policies to encourage certain
services."  He cited third-generation wireless services and digital
TV as examples where expectations hadn't been met.

"The train can't carry freight until the tracks are laid," he said.
The FCC's role is to eliminate barriers, regulate with clarity and
transparency, and speed decision making, he added.

-- Ed Rovetto, erovetto@tr.com

****************************************************************
ERICSSON FOCUSES ON COST-CUTTING
AS MOBILE GEAR MARKET RECEDES

As its customers pause to consider how and when to deploy third-
generation (3G) wireless services, Telefon AB LM Ericsson is
counting on deeper cost-cutting to combat slower sales.  The
"efficiency program," as the cost-reduction effort is known, "is
ahead of schedule," President and Chief Executive Officer Kurt
Hellstrom said today.

The company cut 2.5 billion Swedish kronor ($236 million) in the
quarter that ended Sept. 30 and will save 7 billion kronor ($660.7
million) by year-end, he said.  It reduced headcount by 5,500
employees during the quarter, bringing its headcount cuts to 6,800
so far this year.

The Swedish telecom equipment maker lent more weight to its cost-
cutting prospects by announcing that Michael Treschow would become
chairman, effective March 2002.  He will resign as president and
CEO of Electrolux and will succeed Lars Ramqvist as Ericsson's
chairman.

Mr. Treschow "is known for his effective cost-cutting management
skills at Electrolux and Atlas Copco and we believe he is just what
Ericsson needs in this difficult operating environment," said
Adnaan Ahmad of Merrill Lynch & Co.

Ericsson's third quarter results fell short of expectations.  The
company recorded sales of 54.6 billion kronor ($5.2 billion), a 19%
drop from a year ago.  Net losses totaled 4 billion kronor ($377.5
million) versus a net gain of 4.4 billion kronor ($415.3 million)
a year ago.

The outlook for the rest of this year and 2002 isn't particularly
bright.  The company revised its prediction that sales for the
entire mobile systems industry would remain flat or show modest
growth next year.  It now expects the market to be down as much as
10%.  Its own sales will track that industry trend, it said.

The company's third quarter results were "weaker than
expectations," and its fourth quarter guidance was "disappointing,"
said Jeffrey Schlesinger of UBS Warburg LLC.  Moody's Investors
Service, meanwhile, downgraded the company's long-term debt rating
to "Baa-1" from "A-3."

"There are still no signs of a recovery in the demand for mobile
phone equipment," Moody's said.  "On the contrary, Moody's expects
more carriers to defer upgrades to the GPRS [general packet radio
service] standard, to postpone installations of 3G networks, or to
agree with partners on network sharing."

"The rating downgrade is based on Ericsson's increasing reliance on
wireless infrastructure equipment and on the anticipated further
slowdown and heightened price competition in this segment as
wireless operators are very carefully considering their complicated
technology migration strategies," Moody's said.

-- Tom Leithauser, tleithauser@tr.com

****************************************************************
JDS UNIPHASE SEES DEMAND FALLING FURTHER,
AFTER FIRST QUARTER SALES DROPPED 45%

JDS Uniphase Corp., a bellwether in the optical networking
equipment sector, late Thursday said it still couldn't see the bot-
tom of the demand slump that sequentially trimmed its revenues by
nearly half in the firm's fiscal first quarter ending Sept. 29.

JDS's revenues in the quarter fell to $329 million, 45% below the
$601 million reported for the fourth quarter of fiscal 2001 ending
June 30.  During the first quarter of fiscal 2000, JDS racked up
$786 million of revenues.  The latest quarter was accompanied by a
$260 million net loss excluding some downsizing and other charges
versus a $177 million profit in the year-ago quarter.

"Our industry continues to be affected by declining carrier capital
spending and a weak overall economic environment," commented Jozef
Straus, co-chairman, president, and chief executive officer.   In
the short term at least, JDS executives expect neither of those
trends to abate.

"The company anticipates sales for the second quarter will be
approximately 10%-15% below the first quarter as the downturn in
the company's markets continues," JDS said in its earnings release
late yesterday.  Excluding charges related to cost-cutting
measures, JDS expects to report a small net loss for the second
quarter.  The firm declined to offer any financial performance
guidance beyond then.

In the meantime, JDS said it would continue to reduce expenses
while funding development of new products.  "We believe these next-
generation systems will be part of a future industry recovery and
that we are well positioned to help our company and our customers
return to growth," the firm said.

JDS's cost-cutting measures thus far have produced $600 million of
annual savings, with another $200 million of savings targeted.
Included in the downsizing have been substantial layoffs and
closure of 17 manufacturing facilities.  The cuts in operating
expenses have not come cheaply.  Through the end of September, JDS
took $778 million of charges related to cost saving efforts.  It
expects up to $172 million in additional charges to complete the
program.

-- John Curran, jcurran@tr.com

****************************************************************
MOODY's DOWNGRADES AT&T's DEBT RATINGS

Moody's Investors Service reduced AT&T Corp.'s debt ratings and
said it might issue further downgrades.  The core telephony unit
was downgraded to "A-3" from "A-2" and the less creditworthy
broadband cable TV division was lowered to "Baa-1" from "A-3."  The
ratings on AT&T's short-term debt were lowered from "prime-1," the
highest rating on such debt, to "prime-2."

Moody's new ratings on AT&T are roughly equivalent to those of
another big rating agency, Fitch.  But they are one notch below
where Standard & Poor's rates the company.  AT&T's ratings are
under review at S&P and might be lowered in the near future.  The
downgrades can add to AT&T's cost of raising funds in the debt
market, but AT&T's debt securities still are considered "investment
grade."

Moody's said its downgrade reflected "the deterioration in the
prospective performance of the company's telephony operations and
concerns that debt reduction efforts from the sale or monetization
of noncore assets are likely to fall short of previous
expectations."

"Moody's expects profitability to decline over the intermediate
term as [Bell companies] are permitted to enter the long distance
business in more and more states," the rating agency said.  "There
is not, at this time, a clear-cut growth area to offset this
decline."

Bear, Stearns & Co. debt-market analyst Marion Boucher Soper said
"the downgrade should not come as a surprise given that [AT&T's]
ratings have been under review for downgrade since the announcement
of its restructuring" a year ago.

-- Tom Leithauser, tleithauser@tr.com

****************************************************************
TELECOM EARNINGS ROUNDUP

CommScope, Inc., a maker of broadband and other communications
cables, said revenues for the third quarter fell to $177.7 million
from $256.9 million in the comparable quarter last year.  Net
income fell to $6.3 million for the most recent quarter compared
with $22.9 million last year.

Alaska Communications Systems Group grew third quarter revenues to
$82.8 million versus $74.9 million in the year-ago quarter.  EBITDA
(earnings before interest, taxes, depreciation, and amortization)
grew to $33.3 million in the latest quarter compared to $23.3
million last year, while the firm's net loss narrowed to $1.3
million from $10.8 million.

Symmetricom, Inc., a telecom network software provider, posted net
sales of $18.5 million for its fiscal first quarter ended Sept. 30
and a net loss of $1.1 million.  In the comparable quarter last
year, the company reported revenues of $36.0 million and a $5.5
million profit.

GSI Lumonics, Inc., booked third quarter sales of $41.3 million,
down from $76.5 million in the second quarter of the year and $97.6
million in the third quarter of 2000.  GSI, whose product line
includes precision optics for telecom networks, suffered a net loss
of $8.5 million in the most recent quarter versus a $7.2 million
profit in the year-ago quarter.

P-Com, Inc., a provider of wireless access services for telecom
markets, said third quarter sales plummeted to $10.3 million from
$61.0 million in the year-ago quarter.  Net loss for the most
recent quarter amounted to $37.3 million versus a loss of $0.9
million in the comparable quarter last year.

Corvis Corp., which makes optical networking software, posted third
quarter revenues of $24.1 million and a net loss of $80.6 million.
During the comparable period last year, Corvis generated $22.9
million in revenue with a net loss of $66.3 million.

****************************************************************
TELECOM SECTOR WEEKLY FUNDING ROUNDUP

Following are highlights from this week's telecom sector corporate
financing deals, with recipients listed in alphabetical order:

2Wire, Inc., secured an additional $61 million of venture capital
financing from funders including Technology Crossover Ventures and
Oak Investment Partners.  2Wire is a provider of broadband delivery
through residential gateways.

Avaya, Inc., sold $400 million of zero-coupon convertible bonds,
market sources confirmed.  The communications equipment maker has
slated proceeds from the offering to reduce short-term debt.

Bell Canada announced an offering of $200 million Canadian (US$127
million) of medium-term debentures due 2031.

BellSouth Corp. sold $2.75 billion of notes with maturity dates
ranging from 2006 to 2031.

CENiX, Inc., a maker of optical communications equipment, raised
$52 million in equity and debt financing from funders including
Posdata Co. and AK Investments.

Citizens Communications Co. completed a new $1 billion financing
agreement, including an $800 million revolving credit facility and
a $200 million term loan.  The new facilities replace Citizens's
previous standby credit facility.

Fairchild Semiconductor International arranged a private sale of
$200 million of convertible senior subordinated notes due 2008.
The notes will be convertible into Fairchild common stock at $30
per share.  Proceeds from the offering may be used to buy back
outstanding debt and fund acquisitions, Fairchild said.  The
offering is expected to close by Oct. 31.

Global Locate, Inc., closed on $12 million of venture capital
financing from funders including Firsthand Capital Management and
GC Investments LLC.  Based in San Jose, Calif., Global Locate pro-
vides Global Positioning System technology for wireless devices.

Inktomi Corp. announced plans for a public offering of 12.5 million
shares of common stock, with an option to sell another 1.8 million
shares.  The network software maker said it would use proceeds for
general corporate purposes.

IntelliSpace, a provider of Ethernet broadband services, closed on
$10 million of additional venture financing with funders including
Halpern Denny & Co.

L-3 Communications completed the sale of $350 million of senior
subordinated convertible contingent debt securities due 2011.  The
securities are convertible into common stock at $107.62 per share.
Proceeds from the offering are slated for acquisitions, among other
uses.

Level 3 Communications, Inc., closed on bond buyback offerings that
resulted in the repurchase of $1.7 billion of outstanding bonds in
exchange for $720 million in cash.

Loral Space & Communications Ltd. said its Loral CyberStar unit
would launch an exchange offer for up to $927 million of outstand-
ing bonds, offering to swap them for $675 million of new Loral
CyberStar bonds and warrants to buy 6.7 million shares of Loral
common stock.  The new notes to be issued in the exchange offer are
guaranteed by Loral, which is not the case with the bonds now
outstanding.

Lytek Corp., a maker of optical communications equipment, secured
$3.8 million of venture financing from funders including Wasatch
Venture Fund and Intel Capital.

Motorola, Inc., raised $1.6 billion through the sale of $1.05
billion of convertible preferred securities and $600 million of
bonds, market sources confirmed.  Motorola has said proceeds from
the offering will be used to reduce short-term debt.

Q Comm International, a prepaid wireless technology concern, signed
an agreement to sell 11.4 million shares of its common stock to
American Payment Systems, Inc., for $5.7 million.  American Payment
will also extend $600,000 of loans to Q Comm and up to $1 million
of equipment lease financing.

Quintessant Communications, Inc., a maker of telecom interconnec-
tion software, secured an increase to $7 million in its working
capital credit facilities with Silicon Valley Bank.

RCN Corp. completed the repurchase of $593 million of outstanding
bonds in exchange for $161 million in cash.

Telesat Canada filed with Canadian regulators for a proposed
offering of up to $100 million Canadian (US$63.5 million) of senior
unsecured notes.  Proceeds will be used for capital expenditures
and debt reduction, among other uses.

TELUS Corp. said it received $147 million of cash proceeds from the
sale of its equipment leasing business.  The transaction closed
earlier this month.

Teradyne, Inc., a maker of communications test equipment, completed
an offering of $400 million of convertible senior notes due 2006.
The notes are convertible into common stock at $26 per share.

XEMICS SA, which makes semiconductors for short-range wireless
connectivity, secured $6 million of venture capital financing from
funders including TAT Investments and Banexi Ventures.

****************************************************************
NEWS IN BRIEF

G. William Ruhl has been named chief executive officer of D&E
Communications, Inc., a local exchange carrier based in Ephrata,
Penn.  He was senior vice president.  He succeeds Anne B. Sweigart,
who will remain chairman and president.  Robert M. Lauman was named
vice chairman and senior executive VP.  He was EVP and chief
operating officer....

Luigi Gasparollo has been named vice president-European operations
for QUALCOMM, Inc.  He was managing director of Elsacom, a Dutch
international telecom carrier....

Earthlink, Inc., has added Robert M. Metcalfe, a venture partner at
Polaris Venture Partners, and Marce Fuller, chief executive officer
of power and natural gas marketer Mirant, Inc., to its board.
Philip W. Schiller, vice president-worldwide marketing at Apple
Computer, has resigned from the board....

President Bush today signed antiterrorism legislation that gives
law enforcement officials sweeping new wiretap and electronic
surveillance authority.  The House voted 357-66 Oct. 24 in favor of
the legislation (HR 3162), while the Senate passed it 98-1
yesterday.  Under a provision inserted by the House, the wiretap
and electronic surveillance portions of the legislation expire at
the end of 2005 unless renewed by Congress....

The federal government's process for allocating spectrum is
inefficient, with too many frequencies reserved for low-value uses
and too few dedicated to high-value purposes, according to an
analysis funded by the wireless industry.  "The bottom line is that
inefficient spectrum allocation imposes costs on the economy by
discouraging innovation, raising costs to consumers, and otherwise
reducing the benefits that consumers and businesses would have
obtained from new wireless technologies," said the analysis, which
was commissioned by the Cellular Telecommunications & Internet
Association and prepared by Sebago Associates, Inc., an economic
policy consulting firm.  More spectrum should be allocated for
commercial wireless services, and the FCC should permit licensees
to trade spectrum in secondary markets, the analysis said.  Among
the authors of the study was Martin N. Baily, a senior fellow at
the Institute for International Economics in Washington and former
chairman of the Council of Economic Advisers....

CommScope, Inc., a maker of broadband communication cables, is in
talks with Furukawa Electric Co. Ltd. of Japan to restructure a
venture formed between the firms to acquire an interest in the
fiber-optic cable business of Lucent Technologies, Inc.  CommScope
said it planned to reduce its investment and participation in the
venture.  In announcing the move, CommScope cited "the uncertain
economic environment and severe downturn in the telecommunications
market as well as associated difficulties in the financing markets
following the Sept. 11 tragedy"...

Focal Communications Corp. closed on its $430 million recapital-
ization transaction that included a $150 million equity infusion
and a debt-for-equity swap that cut Focal's junk bond debt load by
$295 million.  Focal said it expected to have sufficient funding
until it becomes free cash flow positive during the second half of
2003....

Crown Castle International said Italian regulators had declined to
authorize Crown Castle's purchase of a 49% stake in RaiWay SpA.
Crown Castle last April had contracted to buy the RaiWay stake and
had put $380 million in escrow pending government approval....

Netia Holdings SA, a Polish alternative telecom service provider,
said it would cut employee headcount by an additional 10% on top of
an earlier 10% workforce reduction in March....

Broadwing Communications signed a multiyear agreement with
Allegiance Telecom, Inc., to provide 2.5 gigabit lightwave services
that will connect eight of Allegiance's major metropolitan markets.
Terms of the agreement were not disclosed....

AES Corp. extended its unsolicited tender offers for Compania
Anonima Nacional Telefonos de Venezuela (CANTV) to Nov. 23.  As
reported, CANTV is resisting the offers and has approved payment of
special stock dividends, as well as share buybacks, in an attempt
to thwart the AES bids....

Applied Materials, Inc., has created a venture capital fund,
Applied Materials Ventures I L.P., to invest in start-up firms in
the optical communications components sector....

360networks announced that four additional operating subsidiaries
in Canada and England have filed for bankruptcy protection.  The
parent company sought bankruptcy protection in June in the Supreme
Court of British Columbia, while U.S. units filed in U.S.
Bankruptcy Court for the Southern District of New York....

P-Com, Inc., a maker of wireless access systems, announced a
preliminary agreement to settle outstanding securities class action
litigation in the Santa Clara County, Calif., Superior Court.
Terms of the proposed settlement were not spelled out, but P-Com
said the deal would be funded entirely from the firm's liability
insurance....

HearMe, a developer of Internet telephony technologies, said its
shareholders had approved a resolution to liquidate the company's
assets and distribute any remaining capital to shareholders.

********************************************************
TR DAILY Copyright 2001 Telecommunications Reports International,
Inc., (ISSN 1082-9350) is transmitted weekdays, except for
holidays.  Visit us on the World Wide Web at http://www.tr.com.
Published by the Business & Finance Group of CCH INCORPORATED.

Editor: John Curran
Associate Editor: Tom Leithauser
Associate Editor: Ryan Oremland
Associate Editor: Ed Rovetto
Publisher: Stephen P. Munro
1333 H Street, NW, 1st Floor-East Tower, Washington, DC 20005
Editorial Information: Telephone:  (202) 312-6060
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publisher.


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Attached are the assignment agreement, the Enfolio, and the Confirm.


Lois:  Please schedule a meeting this week (preferably late Tues or Weds)
with the cc'ed group above and help coordinate a conference call with Rick
Winsor at Zilkha towards the end of the week.  Thx, Ben
---------------------- Forwarded by Benjamin Bell/EWC/Enron on 05/27/2002
05:35 PM ---------------------------

Benjamin Bell
05/27/2002 05:17 PM
Sent by: Benjamin Bell
To: Michael@zilkha.com
cc: steven.zwolinski@ps.ge.com, colleen.repplier@ps.ge.com, Joe@zilkha.com,
mskelly@zilkha.com, rwinsor@zilkha.com, Dan Lindquist/EWC/Enron@Enron, Jeff
Maurer/EWC/Enron@ENRON, Kurt Anderson/EWC/Enron@ENRON, Joe
Thorpe/EWC/Enron@Enron, Hollis Kimbrough/EWC/Enron@ENRON, Mark
Fisher/EWC/Enron@Enron

Subject: Re: FW: GEWE reporting and follow-up

Dear Michael,

We, too, enjoyed the opportunity to meet with you last Thursday and
appreciate the candid feedback you and Michael were able to give us regarding
the PA projects.  We are currently investigating your and Mr. Winsor's issues
regarding availability, noise, blades, electronic faults, and cold weather
faults.  I suggest we schedule a conference call with our Operations team and
Mr. Winsor this week to clarify and resolve any issues you may have.  We
appreciate your business, and look forward to serving you better in the
future.

Best regards,
Benjamin Bell
GE Wind Energy
661-823-6827

Michael@zilkha.com on 05/23/2002 11:40:05 AM
To: steven.zwolinski@ps.ge.com, colleen.repplier@ps.ge.com,
benjamin.bell@ps.ge.com
cc: Joe@zilkha.com, mskelly@zilkha.com, rwinsor@zilkha.com

Subject: FW: GEWE reporting and follow-up

I wanted to thank all three of you for coming to meet with us this morning.
It is very exciting to have GE in this business. I am forwarding the
following e-mail since I thought you would want to know what the feelings
currently are in the trenches at Zilkha in terms of the PA projects. The
projects were commissioned six months ago so I can understand the frustration.

We look forward to seeing you at AWEA and to a long and fruitful relationship.

With best wishes,

Michael

>  -----Original Message-----
> From:  Rick Winsor
> Sent: Thursday, May 23, 2002 1:15 PM
> To: Michael Zilkha
> Cc: Michael Skelly
> Subject: GEWE reporting and follow-up
>
> Michael,
>
> I spoke with Michael Skelly about your meeting this morning with GEWE and
he suggested that I might give you something specific on certain GEWE issues.
>
> We are drafting a formal letter to GEWE to express our concerns with their
overstating of availability and general unresponsiveness to issues.  In our
view their performance is unacceptable.
>
> Along those lines, attached is an analysis of availability for the January
- March period for both Mill Run (10 machines) and Somerset (6 machines). The
attachment shows in the second last column the GEWE reported availability and
in the third last column an availability number we determined after
significant data analysis.  We believe that GEWE overstates their
availability numbers by up to 4%.  We have shared this information with GEWE
personnel but they quite frankly just shrug off our inquiries.
>
> Issues on noise, blade failures, electronic failures, cold weather faults,
etc. are not at all adequately responded to by GEWE and we will be
reiterating in our letter this concern.
>
> Also attached is an e-mail of today regarding Gary's observations on GEWE's
April reports.
>
> Have a safe trip home.
>
> regards
>
> rick
>
>
>
> >  <<Mill Run & Somerset Monthly reports>> > >  <<Availability.zip>>
>
>
>
>
> Rick Winsor
> Zilkha Renewable Energy
> 1001 McKinney, Suite 1740
> Houston, TX 77002
>
> rwinsor@zilkha.com
> www.zilkha.com
> Telephone  713-571-6640
> Direct        713-265-0244
> Fax           713-571-6659
> e-fax          253-541-8837
> Cellular      713-870-5504
>

Content-Transfer-Encoding: quoted-printable
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Content-Class: urn:content-classes:message
MIME-Version: 1.0
Content-Type: text/plain; charset="iso-8859-1"
Subject: Mill Run & Somerset Monthly reports
Date: Thu, 23 May 2002 11:03:58 -0500
Message-ID: <C4F6659E22D8194B925933CC808802540FC15D@server4.zilkha.com>
X-MS-Has-Attach:
X-MS-TNEF-Correlator:
Thread-Topic: Mill Run & Somerset Monthly reports
Thread-Index: AcICc2zvlTjbDznqRMKWdw4R6bKDng==
From: "Gary Verkleeren" <GVerkleeren@zilkha.com>
To: <kurt.anderson@ps.ge.com>
Cc: "Rick Winsor" <rwinsor@zilkha.com>, "Mark Haller" <mhaller@zilkha.com>,
<joseph.thorpe@ps.ge.com>

Kurt,

I have a few questions relating to the Monthly Reports prepared for the Mill
Run and Somerset Wind Farms.  They are as follows:

* On April 5th the Main Circuit Breaker located within the pad mounted
transformer on WTG#7 at Mill Run was torn apart and replaced by Marvin Blanco
(GE Turbine Tech.).  In addition, on or about this same date IGBT's were
replaced within the same turbine.  Nowhere in the Monthly report are these
issues mentioned, please explain?

* WTG#9 at Mill Run experienced downtime between 4-17-02 at 10:00 A.M. and
4-24-02 at 4:00 P.M. this equates to 7 days - 6 hrs. or 7.25 days.  Assuming
WTG#7 operated fault free the entire month (its availability at 100%) except
for the above mentioned period of 7.25 days, the best possible availability
that could be realized would be            (1-(7.25/30) x 100) = 75.8%.
Please explain how the availability of this turbine can be 78.6% as listed in
the Monthly Report?

* On 4-25-02 WTG#8 experienced several hours of repair time due to worn HV
cable which had been rubbing against the ladder rungs at the yaw deck level.
Apparently, the bundle of cables sways or moves during normal operation and
over an extended period it caused significant wear to the protective
coating/insulation.  Why was this not mentioned?  Are other turbines
experiencing this problem?  Is there a retrofit being considered?

* On 4-28-02 a storm event with heavy winds rolled through the area.
Turbines #2, #3, and #8 at Mill Run all experienced faults requiring
component replacements.  The Summary on individual turbine activity in the
monthly report does not reflect this, neither does the Consumption Log also
contained within the Monthly Report, please explain?  In fact, WTG#8 required
a new rack of IGBT's as a result of this storm event and no mention is made
in the report to an IGBT replacement for this turbine.  Furthermore, on
4-30-02 a new rack of IGBT's was installed in WTG#8 and they were blown upon
start up.  IGBT's are major components, As a minimum I would expect the
monthly reports to include major component failures/replacements.

* I need clarification on what exactly Section 7. EXHIBITS is attempting to
demonstrate.  Surely, this is not an attempt to list all faults that a
turbine experienced for the current month.  How are you selecting the faults
you choose to include on the list?  For example, WTG#4 lists one (1) fault
for the month and clearly that was not the case.  As one example, check the
operational activity for WTG#4 on 4-22-02 where it experienced multiple
faults among them "Gearbox Oil Pressure Too Low."

We have to have a better account of the operational history of these wind
farms through GE Wind Monthly Reports.  I understand that the company as a
whole has been consumed with many other tasks relating to the recent
acquisition and that your attention has been elsewhere.  Nevertheless, we
need to work together in order to improve the accuracy and attention to
important details that is lacking within these reports.

I look forward to working with you and Joe to make these projects better and
more accountable.

Best Regards,

Gary

Gary Verkleeren
Zilkha Renewable Energy
68 Braddock Drive
Ohiopyle, PA  15470

Office:  724 434-1542
Mobile: 724 554-0924
Fax:  724 434-1543

 - Availability.zip


FYI
---------------------- Forwarded by Brent Hendry/ENRON_DEVELOPMENT on
01/02/2000 02:30 PM ---------------------------

Margaret Santos
01/02/2000 01:21 PM
To: Rio de Janeiro Brazil - Office Staff, Salvador Brazil - Office Staff,
Buenos Aires Argentina - Office Staff, Cuiaba Brazil - Office Staff
cc: Ane Borges/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Melissa
McIntyre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rubena
Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Brenda
Garza/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lisa
Wolfe/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Yvette
Pinero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, denise@elektro.com.br,
marcia@elektro.com.br, andre@elektro.com.br
Subject: UPDATED ESA PHONE LIST

DEAR COLLEAGUES,

SOME CHANGES WERE MADE AT THE ESA DIRECTORY.
IF YOU HAVE A PRINTED LIST (DATE 12.30.99), PLEASE, PRINT THE UPDATED ONE.

I'M ATTACHING THE FILES PHONE LIST AND  ASSISTANTS (Names of bosses and their
assistants)

NEXT UPDATED LIST ON   02.29.2000

THANK YOU ALL !!!

MARGARET SANTOS
S?o Paulo Office Receptionist
ext. 1172

P.S.:  WE ARE WORKING ON A MORE COMPLETED ESA DIRECTORY.


Start Date: 1/26/02; HourAhead hour: 12;  No ancillary schedules awarded.  No variances detected.

    LOG MESSAGES:

PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2002012612.txt


Good morning sweetheart.

I hope you slept well last night. I sure am happy that I got to be with you again last night. I missed you soooo much over the weekend.

I think we will be very happy together for a long time. :-)
Do you want to go see a movie tonight? I was thinking about seeing "The Mothman Prophecies" at 4:35. How does that sound to you. Or we can just kick back and relax at home. I'm good either way.

I love you sweetheart. Have a good day and I'll see you when I get home.

CV.


Below is a list of attorneys that are visiting the Houston office prior to
the ENA Legal Conference.

Atty	Home Location	Ext.	Office
Justin Boyd	London	(713) 345-2520	EB3808
Rahul Saxena	London	(713) 345-2678	EB3807
Mathew Dawson	London	(713) 345-2680	EB3812
Mark Evans	London	(713) 345-2679	EB3811A
David Minns	Australia	(713) 345-2682	EB3883
Matt Lee	Japan	(713) 345-2681	EB3828
Limor Nissan	New York	(713) 345-2683	EB3891
Alison Moss	Teesside	(713) 345-2722	EB3858F


EnronOnline
Trade Counts and Volume for May 25, 2001

			EXTERNAL		INTERNAL		TOTAL
COUNTRY	COMMODITY	CATEGORY	COUNT	QTY	COUNT	QTY	COUNT	QTY	UNIT OF MEASURE
Austria	Power	Physical	        13 	           21,183 	        -   	                   -   	        13 	           21,183 	MWh
Belgium	Natural Gas	Physical	          6 	         275,000 	        -   	                   -   	          6 	         275,000 	MMBtu
Canada	Natural Gas	Financial	        10 	      5,185,000 	          1 	         460,000 	        11 	      5,645,000 	MMBtu
Canada	Natural Gas	Financial Option	          1 	         441,750 	        -   	                   -   	          1 	         441,750 	MMBtu
Canada	Natural Gas	Physical	      228 	    12,921,411 	        -   	                   -   	      228 	    12,921,411 	MMBtu
Canada	Power	Financial	          6 	           11,220 	          3 	                144 	          9 	           11,364 	MWh (Canada)
Denmark	Power	Financial	        -   	                   -   	          2 	           25,680 	          2 	           25,680 	MWh
France	Power	Physical	          2 	                686 	        -   	                   -   	          2 	                686 	MWh
Germany	Coal	Physical	          1 	                    9 	        -   	                   -   	          1 	                    9 	SECA Contract - Metric Tonnes
Germany	Power	Physical	        44 	         107,720 	        -   	                   -   	        44 	         107,720 	MWh
Norway	Power	Financial	          9 	         128,400 	        -   	                   -   	          9 	         128,400 	MWh
Singapore	Crude	Financial	          1 	           50,000 	        -   	                   -   	          1 	           50,000 	Barrel
Switzerland	Power	Physical	        20 	             4,956 	        -   	                   -   	        20 	             4,956 	MWh
United Kingdom	Crude	Financial	          8 	         295,000 	          1 	           25,000 	          9 	         320,000 	Barrel
United Kingdom	Metals	Financial	      389 	             3,475 	        64 	                   -   	      453 	             3,475 	LME Registered mt Lot
United Kingdom	Natural Gas	Physical NBP	        53 	      6,874,280 	        -   	                   -   	        53 	      6,874,280 	MMBtu
United Kingdom	Natural Gas	Physical NBP Option	          1 	         920,000 	        -   	                   -   	          1 	         920,000 	MMBtu
United Kingdom	Oil Products	Financial	          2 	           15,000 	        -   	                   -   	          2 	           15,000 	Crack bl/m
United Kingdom	Oil Products	Financial	          9 	           43,611 	        -   	                   -   	          9 	           43,611 	mt
United Kingdom	Power	Physical	          3 	         262,080 	        -   	                   -   	          3 	         262,080 	MWh
USA	Crude	Financial	      214 	    10,245,000 	        48 	      2,255,000 	      262 	    12,500,000 	Barrel per month
USA	Emissions	Physical	          1 		        -   		          1 	                   -   	Emission allowance
USA	Gas Pipeline Capacity	Physical	          2 	         312,800 	        -   	                   -   	          2 	         312,800 	MMBtu
USA	LPG	Financial	          3 	           60,000 	        -   	                   -   	          3 	           60,000 	Gallon
USA	Natural Gas	Financial	      776 	  362,343,595 	      340 	  134,544,118 	   1,116 	  496,887,713 	MMBtu
USA	Natural Gas	Financial Option	        24 	    22,900,000 	        11 	    10,280,000 	        35 	    33,180,000 	MMBTU
USA	Natural Gas	Physical	   1,925 	    72,573,246 	        44 	         892,172 	   1,969 	    73,465,418 	MMBtu
USA	Oil Products	Financial	        18 	         455,000 	          3 	           30,000 	        21 	         485,000 	Barrel
USA	Power	Financial	        35 	         216,620 	          6 	           40,164 	        41 	         256,784 	MWh
USA	Power	Physical	      583 	      7,799,151 	        94 	      2,704,082 	      677 	    10,503,233 	MWh
USA	Rate and Currency	Financial	        -   	                   -   	          2 	      2,750,000 	          2 	      2,750,000 	EUR/1
USA	Rate and Currency	Financial	        -   	                   -   	          1 	      5,000,000 	          1 	      5,000,000 	FX USD
USA	Rate and Currency	Financial	        -   	                   -   	          1 	         300,000 	          1 	         300,000 	GBP/1
USA	Rate and Currency	Financial	        -   	                   -   	          1 	      1,000,000 	          1 	      1,000,000 	USD/1
USA	Weather	Financial	          4 	                  11 	        -   	                   -   	          4 	                  11 	Cooling Degree Day
 Total 			   4,391 		      622 		   5,013


Bill, I am flexible but I like between 7 and 8.  Mark


Works for us.

"Campbell, Carolyn" <CCampbell@KSLAW.com> on 01/03/2001 04:37:22 PM
To: "'kay.mann@enron.com'" <kay.mann@enron.com>
cc: "Keffer, John" <JKeffer@KSLAW.com>

Subject: FW: Amendment No. to 1 Letter Agreement

Kay:

Please see George Kutzschbach's comments to the amendment below.  I would
accept his comment #2.  What is ENA's reaction to comment #1?  Please
advise.  Thank you.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>
;

-----Original Message-----
From: George Kutzschbach [mailto:gkutzschbach@fulbright.com]
Sent: Wednesday, January 03, 2001 3:55 PM
To: Campbell, Carolyn
Cc: DPedigo@INTERGEN.com; jjones@INTERGEN.com
Subject: Re: Amendment No. to 1 Letter Agreement

Carolyn,

In addition to Doug's comments regarding the Amendment, the second
sentence of Section 2 of the Original Agreement which is in quotation
marks in paragarah 1 of your draft of the Amendment should be revised in
the following respects:

1)  The outside closing date of "January 15, 2001" should be changed to
"January 22, 2001" to give sufficient time for the Facility Agreement to
be signed after the funding of the escrow; and

2)  The reference to "the Original Agreement" should be to "this
Agreement" since this sentence is being inserted in the Original
Agreement.

George

>>> "Campbell, Carolyn" <CCampbell@KSLAW.com> 01/02/01 05:39PM >>>

 <<2SX801!.DOC>>

George:

We have enclosed for your review the initial draft of an amendment to
the
letter agreement pertaining to CA Energy Development I LLC.  Similar
amendments will be prepared for the other two letter agreements.
Please
review and advise of any comments at your earliest convenience.  Thank
you.

Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>

Enclosure:  130796v1

                    Confidentiality Notice
This message is being sent by or on behalf of a lawyer.  It is intended
exclusively for the individual or entity to which it is addressed.  This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure.  If you are
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                    Confidentiality Notice
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exclusively for the individual or entity to which it is addressed.  This
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disseminate this message or any part of it.  If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.


----- Forwarded by Sara Shackleton/HOU/ECT on 09/19/2000 03:28 PM -----

	"Jeff Seely" <JeffSeely_009035@netstock.customer-email.com>
	09/18/2000 09:54 PM

		 To: Sara Shackleton/HOU/ECT@ECT
		 cc:
		 Subject: Special Offer: Switch to ShareBuilder and Get $50!

Dear Sara,

During the past year, you've used NetstockDirect.com as a way to research or
enroll in a direct stock plan.  You know how easy it is to get started with
an automatic investing plan, and why long-term, steady investing is a good
strategy for building wealth.  You've probably also heard of our new
ShareBuilder program by now.  We think it is a better, cheaper and faster
method of investing than direct stock plans, and we want to give you $50 to
prove it.  Just go to www.sharebuilder.com/promo/50/en091300.htm, open an
account and make your initial investment.  After your first transaction, we
will deposit $50 into your ShareBuilder account.

SHAREBUILDER.COM - FASTER, CHEAPER AND BETTER THAN DRIPs & DSPs
ShareBuilder has great features that will let you quickly create a
personalized plan of investing.  It provides much greater flexibility and is
easier to use than a traditional direct stock program:

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? NO MINIMUMS - start with any dollar amount and invest any amount.
? LOW COST - $2 recurring transaction charges, $1 for children's custodial
accounts.
? GREAT SELECTION - buy any major stock on the NYSE or NASDAQ.  (Choose from
over 3,000 companies or 68 index stocks - not just those with direct stock
plans!).
? SIMPLE STATEMENTS - a single page shows all your stocks at once.
? NO PAPERWORK - all transaction records are available online.

WE'D LIKE TO GIVE YOU A $50 BONUS TO PROVE OUR POINT
If you are currently investing using a direct stock plan, we will pay you $50
if you open an account and start investing with ShareBuilder.  To take
advantage of this limited-time offer, simply go to
www.sharebuilder.com/promo/50/en091300.htm, open an account and start a
ShareBuilder investing plan.  After your first transaction occurs, we'll
automatically deposit $50 in your account to help you get started.  But
please note that this offer expires October 31, 2000.

If you currently have shares in a direct stock plan, you can easily transfer
them to your ShareBuilder account.  It will be easier to track your
positions, make changes to your investing plan, keep track of your investment
records and, if you need, sell your shares instantly during market hours.  No
DRIP Or DSP even comes close on service, yet many charge more.

YOU CAN STILL COUNT ON NETSTOCK'S RELIABLE CUSTOMER CARE
I'm sure you will find ShareBuilder to be a much easier way to invest - open
an account today and let us prove it to you!  If you have any questions about
how to open your ShareBuilder account or how to set up your ShareBuilder
Plan, please contact our customer care professionals via email at
mailto:customercare@netstock.com or call us toll-free at 1-888-NET-STOK
between the hours of 6 AM and 6 PM Pacific Time, Monday through Friday.

Sincerely,

Jeff Seely
President and CEO
Netstock Corporation

P.S. You are receiving this email because you have a Netstock Direct Account.
You may unsubscribe, update or change your e-mail preferences, by visiting
the "Account" section of www.netstockdirect.com.

ShareBuilder(tm) is brought to you by Netstock Investment Corporation, a
registered broker-dealer, member of the NASD and SIPC and a subsidiary of
Netstock Direct Corporation. Copyright 1999-2000 Netstock Investment
Corporation. ShareBuilder is a trademark of Netstock Direct Corporation.
Patent Pending.

 This email was sent to:  sshackl@ect.enron.com


I HAD TO BUY THE TRANSMISSION FROM PAC TO BC BORDER TO MAKE SURE THE SCHEDULE FLOWED. THE DEAL# IS 650664. PLEASE FIGURE OUT WHO IS SUPPOSED TO PAY FOR THIS WHEEL AND BILL THEM.

GEIR


Hi Carol.  Great to hear from you.  I hope all is going well.

Diana Higgins who is a manager (credit) in the metal area will be the
principal credit person.  I would say that Kaiser is a low grade credit and
the contract should be robust with early termination and collateral rights.

 -----Original Message-----
From:  St Clair, Carol
Sent: 25 May 2001 15:02
To: Nelson, Roderick; Simons, Paul
Cc: Shackleton, Sara
Subject: Kaiser
Importance: High

Rod and Paul:
I have checked the ISDA between Kaiser and ENA and it has our standard setoff
language which permits setoff of amounts owed by or to the Non-Defaulting
Party and its Affiliates against amounts owed by or to the Defaulting Party
under the ISDA and other agreements.  Please call me once you have located
the Metals agreement as Greg indicated to me in a voice mail that he needs an
answer this morning.

Rod,
If we get comfortable on the legal side with this arrangement, are there
other credit issues that need to be considered?

Carol St. Clair
EB 3889
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com


thanks BOYYYYYYYYYYY
 -----Original Message-----
From: 	Miller, Jeffrey
Sent:	Thursday, September 13, 2001 8:03 AM
To:	Forney, John M.; Gilbert-smith, Doug; Will, Lloyd; May, Tom; Day, Smith L.; Freije, William
Cc:	Grace, Rebecca M.; Allen, Thresa A.; Bolt, Laurel; Jacobson, Michael
Subject:	EES Load Update

All,

It appears that the estimated load for EES (when it starts) will be around 5 Mw on Peak, 3 Mw off peak--per Preston.  We will receive about a week's notice as to when ERCOT will do the switch.

Jeff


Attached is a redline redraft of the Joint Initial Brief Opposing Limitations
on Lifting the Rate Cap to Exclude Pipeline Short-Term Service.  Please let
me know if your company intends to be a petitioner or intervener in support
on the brief.  Consistent with an e-mail you will be receiving from Joan
Dreskin, please furnish any comments to me by Wednesday, March 21, and we
will e-mail a final draft to you by Tuesday, March 27.

James D. McKinney, Jr.

 - Redline.98-1333.Brief.doc


Tomas,

At first glance, this looks exactly like the type of process we're looking to
semi-automate using our new workflow tools.  Later this week, we should have
a plan that includes this.

Regards,
Richard.

Tomas Valnek
22/05/2000 10:44
To: Bryan Seyfried/LON/ECT@ECT
cc: William S Bradford/HOU/ECT@ECT, Denis O'Connell/LON/ECT@ECT, Paul
Simons/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT,
Rod Nelson/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Tana Jones/HOU/ECT@ECT,
ECT London Credit Trading

Subject: Re: Credit Trading - Approval Form

I agree that the current Word document approval form will not be very
practical once we scale up. Going forward, we could be looking at some kind
of database solution as implemented for EnronOnline.

TV

Bryan Seyfried
20/05/2000 13:09
To: Tomas Valnek/LON/ECT@ECT
cc: William S Bradford/HOU/ECT@ECT, Denis O'Connell/LON/ECT@ECT, Paul
Simons/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT,
Rod Nelson/HOU/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Tana Jones/HOU/ECT@ECT,
ECT London Credit Trading

Subject: Re: Credit Trading - Approval Form

Although this makes a lot of sense, how are going to implement it?  We plan
to scale massively and I cannot imagine that this will be efficient enough to
facilitate the time frames and number of reference credits that we are
anticipating.  I think that we need to have a general policy that we can look
to instead of approving them on a one off basis.

Let's discuss

Tomas Valnek
19/05/2000 11:42
To: ECT London Credit Trading, Denis O'Connell/LON/ECT@ECT, Tana
Jones/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Paul Simons/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT, William S Bradford/HOU/ECT@ECT, Debbie R
Brackett/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT
cc:

Subject: Credit Trading - Approval Form

Attached is an Approval Form that will have to be completed to request if we
want to trade with a new counterparty or on a new reference credit. I have
incorporated comments from Origination, Credit and Legal. But should you have
any further comments please let me know ASAP, as I plan to introduce this
form by the middle of next week. (Note that there will be two forms, one for
bankruptcy swaps and one for other credit derivatives.)

Regards

Tomas


fyi
---------------------- Forwarded by Steven J Kean/NA/Enron on 07/09/2001 07:56 AM ---------------------------
From:	John Sherriff/ENRON@EUEnronXGate@EUEnronXGate on 07/09/2001 09:43 AM GDT
Sent by:	Kerry Ferrari/Enron@EUEnronXGate
To:	Jeremy Blachman/HOU/EES@EES, Raymond Bowen/ENRON@enronXgate, Michael Brown/Enron@EUEnronXGate, Rick Buy/ENRON@enronXgate, Richard Causey/ENRON@enronXgate, Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, David Cox/Enron Communications@Enron Communications, David W Delainey/HOU/EES@EES, James Derrick/ENRON@enronXgate, Janet R Dietrich/HOU/EES@EES, Jim Fallon/Enron Communications@Enron Communications, Andrew S Fastow/ENRON@enronXgate, Mark Frevert/ENRON@enronXgate, Ben Glisan/HOU/ECT@ECT, Kevin Hannon/Enron Communications@Enron Communications, Rod Hayslett/ENRON@enronXgate, Stanley Horton/ENRON@enronXgate, James A Hughes/ENRON@enronXgate, Steven J Kean/NA/Enron@Enron, Louise Kitchen/HOU/ECT@ECT, Mark Koenig/ENRON@enronXgate, John J Lavorato/ENRON@enronXgate, Kenneth Lay/ENRON@enronXgate, Dan Leff/HOU/EES@EES, Danny McCarty/ET&S/Enron@Enron, Mike Mcconnell/ENRON@enronXgate, Mark Metts/Enron@EnronXGate, Mark S Muller/HOU/EES@EES, Cindy Olson/ENRON@enronXgate, Lou L Pai/HOU/EES@EES, Greg Piper/ENRON@enronXgate, Ken Rice/Enron Communications@Enron Communications, Matthew Scrimshaw/Enron@EUEnronXGate, Jeffrey A Shankman/ENRON@enronXgate, Jeffrey Sherrick/ENRON@enronXgate, John Sherriff/ENRON@EUEnronXGate, Jeff Skilling/ENRON@enronXgate, Marty Sunde/HOU/EES@EES, Greg Whalley/ENRON@enronXgate, Richard Lewis/Enron@EUEnronXGate, Joe Gold/Enron@EUEnronXGate, Matthew Scrimshaw/Enron@EUEnronXGate, Michael Hutchinson/Enron@EUEnronXGate, Mike Farmer/Enron@EUEnronXGate, Michael Brown/Enron@EUEnronXGate, Fernley Dyson/Enron@EUEnronXGate
cc:

Subject:	Transatlantic meetings

To the Executive Committee:

Attached is a note that has been sent to our managers regarding off-site and team-building meetings.  My impression is that our commendable efforts to build transatlantic synergies are resulting in too many get-togethers that require substantial travel.  Our challenge is that such gatherings are far more costly and time-consuming for us to attend than our Houston colleagues might realize.  Often, participating in these meetings takes an entire week for Enron Europe employees (especially if they are outside of Texas). Naturally, they may feel that this time of year (PRC time) is exactly the wrong time from a career perspective to miss this kind of gathering.

These off-sites are sometimes scheduled at the end of a quarter, which compounds the difficulty; worse still are the times they occur at the end of Q2, since it also coincides and conflicts with the PRC process.

I would appreciate your efforts to remind your managers to consider the travel time and costs (both direct and indirect) when inviting international employees to off-site meetings in the US.  We appreciate the chance to be included in the broader Enron initiatives and to share ideas across organizations, but we are really trying to reinforce the message about managing expenses.

Thanks!

John Sherriff

(Letter sent to all Enron Europe VPs and direct reports)

We still have issues regarding Offsites and 'Team Building' exercises.  In particular, we have recently had examples of departments failing to inform other key work groups when workplace absences are pending.

In order to avoid misunderstandings, and to increase transparency, the following will apply with immediate effect:

Any Offsite or 'Team Building' exercise which any group (both commercial and non-commercial, and including John and myself)intends to undertake must be communicated, in advance, to all department heads. Issue to be identified include:  all participants who will out of the office, total costs of the exercise; and, where appropriate, work load coverage details.

John and I are very supportive of team building exercises but we much prefer that they be conducted in the evenings or at weekends. To the extent that is not possible, we must absolutely avoid quarter ends and ensure all work is appropriately covered.

Trips to Houston and especially resorts in the US are far more difficult to justify based on the substantial travel time and costs involved.  So please pay particular attention to optimising our transatlantic travel.

Please communicate this policy to your staff.

Michael Brown


Please see below re confirmation for FPC.

Thanks!!
Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490

----- Forwarded by Debra Perlingiere/HOU/ECT on 04/24/2001 04:30 PM -----

	"Haskins, Sandra" <sandra.haskins@pgnmail.com>
	04/21/2001 12:24 PM

		 To: "'Debra.Perlingiere@enron.com'" <Debra.Perlingiere@enron.com>,
"'Tammi.DePaolis@enron.com'" <Tammi.DePaolis@enron.com>
		 cc: "Painter, Steve" <Steve.Painter@pgnmail.com>, "Pitman, Michael"
<michael.pitman@pgnmail.com>, "Parker, Kenneth" <Kenneth.Parker@pgnmail.com>
		 Subject: RE: FPC Master Agreement and Confirmation

Debra and Tammi, I have sent the master agreement to legal and credit for
review.  Have asked for a response by Tuesday.  I have asked Steve Painter
(919-546-3993)to follow to make certain this keeps moving.  Please also
provide a confirmation that shows CP&L instead of FPC as the contracting
party.  Thank you.

Sandra

-----Original Message-----
From: Debra.Perlingiere@enron.com [mailto:Debra.Perlingiere@enron.com]
Sent: Friday, April 20, 2001 11:41 AM
To: sandra.haskins@pgnmail.com
Subject:

(See attached file: FLorida  Power Corp..doc)

Debra Perlingiere
Enron North America Corp.
Legal Department
1400 Smith Street, EB 3885
Houston, Texas 77002
dperlin@enron.com
Phone 713-853-7658
Fax  713-646-3490


fyi.
 -----Original Message-----
From: 	Cantrell, Rebecca
Sent:	Tuesday, June 05, 2001 11:17 AM
To:	Fletcher, Brenda H.; McMichael Jr., Ed; Smith, George F.; Muhl, Gil; Townsend, Judy; Olinger, Kimberly S.; Tate, Paul; Superty, Robert; Concannon, Ruth; Calcagno, Suzanne; Lamadrid, Victor
Subject:	FERC Rejects FTW Rates for Transco -- Again

FYI.

NGI's Daily Gas Price Index  published : June 5, 2001 FERC Rejects FTW Rates for Transco -- Again  Transcontinental Gas Pipe Line Corp. last week struck out again in its eight-year effort to obtain firm-to-the-wellhead (FTW) transportation rates similar to those enjoyed by its competitors.  Responding to a remand from the U.S. Court of Appeals for the D.C. Circuit, the Commission after conducting a "detailed review" upheld its earlier rejection of Transco's bid to levy two-part FTW rates on distribution customers served by the pipeline's production-area mainline [RP92-137-050, RP93-136]. It concluded that the FTW rate structure would force distributors to pay for service that's not included in their contracts with Transco. Therefore, Transco's existing IT-feeder transportation rates for service on its supply laterals will remain in force.  The "fundamental issue" in this "long and somewhat tortuous" case is: who should pay the fixed costs of Transco's supply laterals -- 1) the producers and marketers who contract for service on the supply laterals and currently pay all of the fixed costs; or 2) Transco's firm transportation customers (distributors) who converted from bundled sales to transportation on the pipeline's mainline? The producers and marketers, who transport gas on Transco's supply laterals, favor a switch to a two-part FTW rate structure because it would lighten their fixed-cost burden. Transco advocates the rate shift because it believes this would encourage more producers to attach their supplies to its system. But the pipeline's distributor customers are opposed to being charged FTW rates on supply laterals, which they don't use.  FERC agreed with Transco's distributor customers -- who it calls FT-conversion customers -- in its remand decision. After conducting a lengthy examination, "we conclude that the FT- conversion customers' firm contracts [distributors] with Transco do not include service on the supply laterals. Rather, the producers and marketers contract and pay for the IT-feeder service [on the laterals]," last week's order noted. "Therefore, the 'Memphis' clauses of the FT-conversion shippers' contracts cannot authorize Transco to require the FT-conversion customers to pay two-part rates for service on the supply lateral not included in their contracts. We, therefore, reaffirm our rejection of Transco's proposal to unilaterally impose FTW service on the FT-conversion shippers."


I received all off my documents from Wayne Gresham---so the answer is no.

	Gail Brownfeld@ENRON_DEVELOPMENT
	12/20/2000 08:21 AM

		 To: Richard B Sanders@ECT
		 cc:
		 Subject: Sempra: Preservation of documents---Attorney-Client Privileged
Communicat ion

 Do you have anything?  If so, let me know and we'll make arrangements to get
it.  Thanks.
---------------------- Forwarded by Gail Brownfeld/ENRON_DEVELOPMENT on
12/20/2000 08:17 AM ---------------------------

"Markel, Gregory A." <GMarkel@brobeck.com> on 12/19/2000 11:54:22 AM
To: "'george.mcclellan@enron.com'" <george.mcclellan@enron.com>,
"'dreck@enron.com'" <dreck@enron.com>, "'kevin.mcgowan@enron.com'"
<kevin.mcgowan@enron.com>, "'matthew.arnold@enron.com'"
<matthew.arnold@enron.com>, "'wayne.gresham@enron.com'"
<wayne.gresham@enron.com>, "'gail.brownfeld@enron.com'"
<gail.brownfeld@enron.com>, "'americusba@bipc.com'" <americusba@bipc.com>
cc:

Subject: Preservation of documents---Attorney-Client Privileged Communicat ion

                      Attorney-Client Privileged Communication

Since litigation has begun with Sempra, Somerset and Blue Grass, we should
see to it that documents relating to the issues in the lawsuit are
preserved.  For this purpose documents include not only hard copy but also
documents and information in electronic form and on voice or video
recordings.
It may well be that you will have questions on how to implement this
practice and more specifically what documents are covered. My suggestion is
that we start by trying to see that documents are not discarded and
determining what questions and issues there are.  Feel free to contact me
for guidance as you go forward.  It may well be that we should have a
conference call to see that everyone  is using the same procedures and to
address common issues.  If you think that would be desirable let me know.
We also need to see that other people who should get this notice have it
forwarded to them so that Enron's compliance is complete.

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---------------------- Forwarded by Ami Chokshi/Corp/Enron on 03/21/2000
11:18 AM ---------------------------

Royal_B_Edmondson@reliantenergy.com on 03/21/2000 11:12:40 AM
To: ami_Chokshi@enron.com, ggrant@enron.com
cc:

Subject:

(See attached file: egmnom-Mar.xls)(See attached file: HPL-MAR.xls)
 - egmnom-Mar.xls
 - HPL-MAR.xls