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I am working with CIBC on another credit mitigation deal.
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They are interested but they have said nothing yet on pricing levels.
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I am sending them something on Monday that will propose a Enron payment on Friday December 17th of approximately $16 MM CAD.
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Again, this payment would come from the U.S. office so if there are any administrative things that need to get done I suggest we get on it quickly.
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I assume Juanita needs to deal with funding and Louie needs to secure a letter from CIBC re credit mitigation.
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I'm in Houston part of the week but you can track me done through my secretary.
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Regards John Lavorato
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If I remeber correctly, you were writing a time-table for the Ontario Peaker deal.
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Kyle there in nothing on this message.
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John, we did a deal with Peoples the co-manage some of there assets.
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We are actually setting up a Chicago office with them and sending some people to it.
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You should call Jean Mrha and find out the structure.
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If might help us with a structure with Unical.
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Cliff, lease the EOTT space.
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Please stop sending me this report.
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John.
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Dave: I gave a copy of my Canadian bonus levels to Whalley.
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Please give me a call when you start getting down the road on levels as I would like to talk about options and equity for some of my people.
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Regards, John Lavorato
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Angela - tasks 1.
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Ask Iris how fast she can get more clocks, I would like to send some to my brokers.
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Also get me a list of who our marketers are sending gifts to.
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2.
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Tell Milly I'm requesting 3000 for the Order of Good Cheer and that I will make a 1000 dollar donation personally that I will not as Enron to match.
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Hello again everyone.
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One last structure pre-christmas.
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I'm am working on an option structure with TD bank that would see 20,000,000 CAD go out the door on Wednesday December 22nd or Thursday December 23rd.
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There will be no special documentation necessary, only standard option confirmations.
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The money will return equally over the 12 months of 2000.
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TD is charging us a fee of 50K CAD for the idea but since it is different than the deals we have already done I'm OK with it.
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What I need is the following.
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1 - If there are any questions or concerns please call me early Monday morning.
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2 - Jordon - Please call me and give me your OK.
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3.
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Juanita - Let me know if you can handle the payment in time.
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4.
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Joe - How's are Line of Credit coming - we're running out of time.
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Thanks John Lavorato
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As you know we were trying to do some funding deals prior to the end of the year.
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We executed a total of $65 Million CAD with 4 different companies (TD, CIBC, Bank Paribas, and BMO).
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Everyone who I cc'd this note to did a great job of helping us execute.
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Regards John Lavorato
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Cliff I want to add a seat between Chad and the window.
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Can you check it out.
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John.
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David I'm going to extend and offer to someone who currently works at Koch.
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I will extend the offer at the Director level but this person could easily pass as a Vice President.
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I think I need to add some stock or options to the offer.
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Can you please advise me on how I can accomplish this.
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Thanks John Lavorato
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Dawn, call me on Lambie and Brodeur.
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Rob How good is that credit report from Bradford.
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Can I use it or do we need Lon to update something monthly.
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John
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Rob, Paul is scheduled to come to Calgary early next week.
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He should have a good idea of how Enerconnect went then.
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I'm assuming your in, if you are not please call Paul and reschedule.
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I'm in Houston for the rest of the week.
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You can set it up.
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I'm am overrulling Greg in the future.
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John McKay can set up products.
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Angela Please reschedule my lunch with Dan Fornier at Blakes for next week.
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Jim This information on Ontario nukes is similar to our information.
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The only difference is that our regulatory lawyer feels that only one of the four Pickering units (500 mw each) would come back in 2001 (although optimistic) followed by one each year after that.
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Your report says that all Pickering units would come back in 2001.
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Even in your report, however, they seem doubtful that this is realistic.
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The Bruce Units (3000 mw) appear to be dead for a long time if not for good.
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Regards, John P.S.
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I'll call you soon on are project, currently on hold until 2001 if we decide to build in Ontario.
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Jeff, I don't know any of the Houston guys and I don't think the Calgary guys are important enough.
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Lavo
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Angela, make sure I buy Chris's gift on Monday.
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Set up a Meeting, Milly, Kyle, Derek and Eric with Hemstock re.
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regulatory.
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We need the hourly data.
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If they do not release it OPG has a significant advantage in a deregulating market.
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Please push the issue.
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John
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Dan, we need to talk about cancelling some of our Telerate feeds.
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John
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I have a 1:10 meeting so I can't attend your marketing meeting.
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I thought it might be a good idea to grab Lambie at noon and get him to attend your whole meeting.
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He might have some insights into Alliance among other things.
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I have a meeting at 1:15, I assume in my office, with some Houston folks.
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The topic a potential purchase of Westcoast.
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I would like both of you to attend.
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John, I think they have to do something to improve the customize pages.
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At a minimum, they need to build something so you don't have to re add day gas everyday.
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Laura I just want to make sure we are paying ngx a twentieth not a tenth.
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Lon puts a bunch of reports together for me, you don't have to e-mail me.
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Thanks
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Chris I just get Greg's reports on the intranet page.
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You don't have to e-mail me.
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Put a rush on the Fletcher Challenge 7 year deal.
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We just signed a master with them.
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In addition, I originally put last day in the book and it should be last 3 days.
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Julie please call me.
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Joe Thanks for taking the time to meet with the Canadian ministers.
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If you would like me to be present when they come to Houston please let me know.
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John Lavorato
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