The company is "ECT Merchant Investments Corp."

 -----Original Message-----
From: 	Shackleton, Sara
Sent:	24 October 2001 19:58
To:	Shah, Rajen; Doukas, Tom
Cc:	Heard, Marie
Subject:	RE: Investment companies

Tom:  Please forward your requisite email request to Donna Lowry, Rick Carson and Bill Bradford with your request and reasons.

This will entail new account application, board resolution and authorized trader list.

By the way, the Enron Corp. corporate database does not list a company with the name "Enron Capital Trade Merchant Investments."

Thanks.  Sara

 -----Original Message-----
From: 	Shah, Rajen
Sent:	Wednesday, October 24, 2001 1:08 PM
To:	Hemsley, Simon; Doukas, Tom; Shackleton, Sara
Cc:	Drew, Rachel; Jordan, Kevin D; Wall, David
Subject:	RE: Investment companies

OK for tax.

 -----Original Message-----
From: 	Hemsley, Simon
Sent:	24 October 2001 18:40
To:	Doukas, Tom; Shackleton, Sara
Cc:	Drew, Rachel; Shah, Rajen; Jordan, Kevin D; Wall, David
Subject:	RE: Investment companies

Tom - I will try and get a USD accounting entity set up in SAP that rolls up to
ECTEF Inc for legal purposes

I'm fairly sure we can do this as 54R (ECTRL Global Divisions) is a $ accounting entity of
138 (ECTRL), a ? entity

Raj - do you have a problem from a tax perspective of having this set up?

 -----Original Message-----
From: 	Doukas, Tom
Sent:	24 October 2001 18:31
To:	Hemsley, Simon; Shackleton, Sara
Cc:	Drew, Rachel; Shah, Rajen; Jordan, Kevin D; Wall, David
Subject:	RE: Investment companies
Importance:	High

It will mean doing the paperwork all over again and closing the old account assuming ECTEF does not want an account.  This is not a name change but actually a transfer from one entity to another.  It will likely require resolutions to open brokerage accounts for ECTMI if they don't already have them in place.

Aside from looking foolish to Bear I anticipate no hassles from them.  As far as our side it would be wise to have legal give their estimation of the effort and time frame needed to duplicate the effort that was made for ECTMI.

Sara how feasible would it be to prepare account paperwork for the ECTMI company to obtain a Bear account?

Thanks,

Tom

 -----Original Message-----
From: 	Hemsley, Simon
Sent:	Wednesday, October 24, 2001 12:04 PM
To:	Shah, Rajen; Jordan, Kevin D; Doukas, Tom; Wall, David
Cc:	Drew, Rachel
Subject:	FW: Investment companies

I will investigate getting an accounting entity set up for ECTMI - does anyone know the number?

in the meantime (and don't shout at me Tom) how easy would it be to change the ECTEF
broker account to have a new name - see company below

 -----Original Message-----
From: 	Wall, David
Sent:	26 September 2001 15:45
To:	Hemsley, Simon
Subject:	FW: Investment companies

We must move Anker as a matter of urgency.  Let's discuss.

Thanks

 -----Original Message-----
From: 	Jordan, Kevin D
Sent:	26 September 2001 15:42
To:	Wall, David; Seyfried, Bryan
Cc:	Aiken, Buddy; Allen, Melissa
Subject:	Investment companies

After speaking with David Wall about which entity the Anker debt and equity should be moved to, I placed a few quick phone calls.  I understand that there may be some confusion about what is an investment company, and which ones are available.

The ENA transaction support team suggested ECTMI (Enron Capital Trade Merchant Investments) as one possibility.  There may be another US investment company and an investment company set up in the Netherlands.  The people to follow up with would be Faith Killen and/or Elaine Shields who work in ECT accounting.

I hope this helps you identify where to move the investments.  Please keep me updated on the completion of that move.  AA will be sensitive to us making that transfer into the investment company in the quarter that we have booked earnings on the investment(s) as merchant investments.  As discussed with David Wall, that is consistent with Enron's corporate policy on merchant investments and with the Investment Company Audit Guide which governs our merchant investment accounting.

If you have any further questions or if I can be of further assistance, please contact me at ext. 35882.

Regards,

Kevin


Davis Minns, Robert McGrory, and Alison Keogh in the Australia Legal Office,
and Jane McBride and Yo Yamanishi in the Japan Legal office need full edit
access to the Financial Trading Agreement Database in Lotus Notes.  Can you
let me know when this has happened.  Can you also get the view capability to
the Legal Online Trading Database.  Thanks
----- Forwarded by Tana Jones/HOU/ECT on 10/16/2000 01:55 PM -----

	David Minns@ENRON_DEVELOPMENT
	10/16/2000 01:46 PM

		 To: Tana Jones@ECT, Alison Keogh/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 cc: Robert McGrory/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
		 Subject: ISDA Master Agreement Data Base

Last week Tana and I discussed geeting the Australian ISDA Masrer Agreements
loaded onto the the international data base. I already have access to this
data base through Lotus Notes.

The agreed actions were

Tana would arrange for Alison, Rob and myself to have update and view access.
Tana would work with Alison on getting existing Australian ISDAs loaded up
and explaining functionality.

Tana how are we going with access? We can then get things moving.


Hi all,

After spending the last 6 hours searching the web for data
on comps (I've finally compiled a list of comparable
acquisitions that completed over the last couple of years),
I ran across the link below!!

Do any of you have access to Thomson Financial Securities
Data through your work? If you do, we should be able to get
all data on comps for this deal through Thomson (try clicking
on the "Comparable M&A Report" link from the page below
for a sample)...

http://www.tfsd.com/products/financial/coverage.asp

We should be able to find someone with access. I'm actually
going to stop trying to do this myself... See you tomorrow...


Talk to scott tholan, who runs competitive analysis.  I'm not sure what else
clay works on.  I don't  dislike the concept, but he deals with a lot of
confidential info.

Jeff

	From:  Jennifer Fraser                           11/30/2000 09:57 AM

To: Jeffrey A Shankman/HOU/ECT@ECT
cc:
Subject: Clay Seigle

JS;
I think Clay should sit with my group and become more involved in our daily
reports. I also believe his skills would be best used by developing some more
detailed analyses
What do you think
JF


ok Greg,
As I told you, I am looking forward to hear from you at your convenience in case you have any interest in developing some new energy business in Latin America.
Best regards,
Pablo

Greg.Whalley@enron.com wrote:

> Return Receipt
>
>     Your      references Pablo Acevedo.
>     document
>     :
>
>     was       Greg Whalley/ENRON@enronXgate
>     received
>     by:
>
>     at:       09/10/2001 05:22:33 PM
>
>
> **********************************************************************
> This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
> **********************************************************************


System Notification: At 0115 PST, WACM terminated request for coordinated
operation controllable devices for Path 30 USF mitigation.


-----Original Message-----
From: Warner, Christopher (Law) [mailto:CJW5@pge.com]
Sent: Monday, November 27, 2000 2:14 PM
To: 'dhunter@smithandkempton.com'
Cc: Timmerman, Mark; Hapner, Dede
Subject: PG&E's Rate Stabilization Plan

Delaney, fyi in case you have not already received this, here is a complete
electronic copy of PG&E's proposed "Rate Stabilization Plan" which we filed
at the CPUC last Wed., Nov.22.

Feel free to call me if you or any of the AB 1890 group members have
questions. I have also attached a fact sheet and press release which we
provided on the RSP.

Chris Warner
PG&E Law Department
415-973-6695

 <<RSP.factsheet.final.doc>>  <<RSP.final.doc>>  <<RSP_Ch01_McManus.doc>>
<<RSP_Ch02_Malekos.doc>>  <<RSP_Ch03_Campbell1.doc>>
<<RSP_Ch04_Asselstine.doc>>  <<RSP_Ch05_SP.doc>>
<<RSP_Ch06_Frazier-Hampton.doc>>  <<RSP_Ch06_Table1.xls>>
<<RSP_Ch07_Pease.doc>>  <<RSP_Ch07_Pease_Tables_12.xls>>
<<RSPApplicationFINAL.doc>>

 - RSP.factsheet.final.doc
 - RSP.final.doc
 - RSP_Ch01_McManus.doc
 - RSP_Ch02_Malekos.doc
 - RSP_Ch03_Campbell1.doc
 - RSP_Ch04_Asselstine.doc
 - RSP_Ch05_SP.doc
 - RSP_Ch06_Frazier-Hampton.doc
 - RSP_Ch06_Table1.xls
 - RSP_Ch07_Pease.doc
 - RSP_Ch07_Pease_Tables_12.xls
 - RSPApplicationFINAL.doc


Mark,
I feel that I can do this one, though I do not have specific power plant
background, I would say that I have industrial and/or construction
experience.  I like this one.
Kelly

 ----- Original Message -----
From: <Mark.Taylor@enron.com>
To: <kmclark@cinternet.net>
Sent: Thursday, July 05, 2001 4:23 PM
Subject: PROCESS/MECHANICAL ENGINEER II

> PROCESS/MECHANICAL ENGINEER II
>
> ESSENTIAL FUNCTIONS: This position requires working knowledge of contracts
> and purchase orders, and the ability to produce complete design packages.
> Responsible for developing project specifications, review vendor approval
> drawings for correctness and contract requirements, implement vendor
> information into design document and integrate into company drawings.
> Prepare proposal statements of work, equipment lists, proposal drawings
and
> other miscellaneous proposal documents.
>
>
> ESSENTIAL REQUIREMENTS: Requires a BS in Engineering and power plant,
> industrial, start-up, operation, or construction experience consistent
with
> the level applying for.
>
>
> PREFERRED SKILLS: NA.
>
>
> SPECIAL CHARACTERISTICS: NA.
>
>
> CONTACT: Send resumes to: Via Email: hr@nepco.com, Via Fax: (425)
415-3199.
> NEPCO 11831 North Creek Parkway North Bothell, WA. 98011
>
>
> (Embedded image moved to file: pic10176.pcx)
>
>
> |---------------+------------------------------------|
> |               |                                    |
> | Job ID        | 0000106960                         |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Department    | ENGINEERING BOTHELL                |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Company       | GLOBAL FUNCTIONS ENGINEER &        |
> |               | CONSTRUCT - NEPCO                  |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Location      | DENVER, CO                         |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Type          |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Pay           | n/a                                |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | FLSA class    |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Manager       | KATHER,JOHN                        |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Recruiter     | MRYGOL                             |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Log           | n/a                                |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Grade         | SAL13.02.02                        |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Response      | NA                                 |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Relocation    | N                                  |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> |               |                                    |
> |               |                                    |
> |---------------+------------------------------------|
> |               |                                    |
> | Posting date  | 07-JUN-01                          |
> |               |                                    |
> |---------------+------------------------------------|
>
>
>
>
>
>


Dan,  Attached is a clean and redlined version of the non-binding LOI.  Let
me know if you have any questions.


T.J.

Thanks for the picture.  I'm glad you guys like the gift.  Luke looks just
like Rena, huh?

As far as Ricigs goes, I don't have his phone # or address.  I think Moller
does though.
Let me know  if you need his #.  Take care and tell Rena and Luke we said hi.

Kevin


Privileged and Confidential

In our meeting on Friday, we talked about the summary of complaints that you
three are going to do.  If possible, I would like to receive those by Tuesday
night so that they can be reviewed on Wednesday.  We are meeting with
Beck/Olson on Thursday.

Let me know if that is impossible -- I know you all are swamped with zillions
of other things!

Thanks.

Michelle


Dave,
 Volume, term and price are necessary components of the confirm.  Do not send
out without these components being in place.  Also, changing from the January
dates will require additional language changes.  I will make those changes
when we fill in the rest of the information.  How do we stand on getting the
final version of the Master Contract drafted and submitted to them for
signature.  Remember, we need that in place before we do the confirm.,

	Dave Fuller
	02/15/2001 09:17 AM

		 To: Dan J Hyvl/HOU/ECT@ECT
		 cc:
		 Subject: Clark County Gas Deal

Dan,

Attached is the Clark County confirm you made for me with some minor changes
(volume term price).  Let me know if it still looks OK.

Thanks,

Dave


I've gotten a bit more educated about IT revenue crediting since you asked
your question yesterday.  "IT revenue crediting" is an industry term used to
describe a requirement (brought about either by a FERC order or a rate case
settlement) that IT revenues in excess of a certain dollar amount will be
credited back to all firm shippers in the next rate proceeding or thru some
refund mechanism.  Transwestern is currently not under any IT revenue
crediting obligation, and I would be very hesitant to negotiate any such
obligation with any individual shipper because then we would have to do the
same for all firm shippers on a nondiscriminatory basis.

If you need more info, let's talk.


----- Forwarded by Sheila Tweed/HOU/ECT on 10/03/2000 10:33 AM -----

	"Wendell, Harlan" <HWendell@mdbe.com>
	09/29/2000 07:37 PM

		 To: "Sheila R. Tweed (E-mail)" <Sheila.Tweed@enron.com>, "Joan A. Heredia
(E-mail)" <joan_heredia@urscorp.com>, "Ogilby, Barry" <bogilby@mdbe.com>,
"+Karen Jones (E-mail)" <Karen.E.Jones@enron.com>
		 cc:
		 Subject: Oxy-New Certificate

Enclosed is a copy of the new certificate for the Oxy ERCs.

The certificate names "Enron North American Corporation" as the holder.
Barry and Joan, can you confirm this is not a problem.  Also, could you
please review the certificate to make sure it is otherwise OK (looks that
way to me).

The agreement with Oxy contemplated a live closing where we would swap wire
confirmation info for the original certificate.  Oxy is proposing Enron pay
first and they will then FedEx the certificate when the transfers have been
"verified."  Sheila, is this OK?

The last day to pay is Monday October 9, which is Columbus day.  I have not
verified whether that is a bank holiday.  Perhaps the payment should be made
on Friday October 6 in any event.

We are waiting to get a file endorsed copy of a financing statement
termination from Chevron.  I will remind them of that.

Harlan
 <<ena oxy certifcate.PDF>>

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 - ena oxy certifcate.PDF