Message-ID: <3909555.1075863385390.JavaMail.evans@thyme>
Date: Thu, 6 Sep 2001 19:02:39 -0700 (PDT)
From: 40enron@enron.com
Subject: EnTouch Newsletter
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X-From: ENA Public Relations@ENRON <IMCEANOTES-ENA+20Public+20Relations+40ENRON@ENRON.com>
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BUSINESS HIGHLIGHTS

West Power
On August 31, 2001, West Power Origination closed the sale of 100% of the membership interests in Southwest Power to Black Hills Energy Corp.  The sale to Black Hills concluded a two year strategy associated with the acquisition and expansion of the 50MW Las Vegas Cogeneration facility.   The 230MW Las Vegas II expansion project initiated in January 2000 consists of two, 2x1 systems utilizing LM 6000 PC technology in combined cycle. In May of this year, West Power Origination secured a 15-year tolling agreement with Allegheny Energy Supply Company for the entire output of the expansion project.  The Las Vegas II expansion project is currently under construction and is scheduled to go commercial in September 2002.  This transaction utilized many of Enron's technical, financial and commodity capabilities.  Congratulations to everyone who made it a success.

Enron Freight Markets
Enron Freight Markets closed its first firm sale of transportation with Penske Logistics. Penske is under contract for the operation and U.S. distribution of Whirlpool appliances.  EFM will provide truckload capacity for Penske to serve Whirlpool.  The first lane that EFM will begin handling is from the southern California distribution center in Ontario, California to various northern California destinations.

Enron Global Markets
Art & Fundamentals
A recent graduate of Houston's Art Institute, Tramy Nguyen joined the EGM Fundamentals team as an intern last week. For the next six months, Tramy will be applying her layout and graphic arts to improve the fundy brand seen on our website, newsletters and ad hoc reports. She'll also help support the development of our website using her html and ASP skills. Tramy moved to Houston in 1993 from her native Saigon, Vietnam, where she studied art for two years. She is an accomplished painter and graphic artist whose award winning poster design was selected for use by the Butterfly Center at Houston's Museum of Natural Science.

EES Business Center
Enron Energy Services has one single entry point for all customer leads and service issues - The EES Business Center.  Your assistance is requested in routing all retail customer calls to this center.  The Business Center can manage general customer service requests or provide information on EES product offerings.

The number for the EES Business Center is 800-337-7827 (800-EES-SVCS) or internally, calls can be transferred to x59390.  E-Mail address is: EESBusinessCenter@enron.co.

Thank you for taking the time to route these calls appropriately.  Your assistance is critical to Enron's customer acquisition success and to ensure our customers' satisfaction.

IN THE NEWS
"Back in the Saddle"  INTERVIEW with KENNETH LAY, ENRON - The US energy group's chairman tells Sheila McNulty of the job facing him after the sudden departure of the company's CEO.   08/30/2001 Financial Times  (c) 2001 Financial Times Limited.   All Rights Reserved
Nonetheless, Mr. Lay has decided to take more time over the appointment. "There is no big rush," he says. He himself will remain chief executive for as long as it takes to find the right person for the job.
"The board has made it very clear that we are going to take our time. I have extended my contract through 2005. I'll stay that long if needed. I'll stay longer if needed. But we're going to take our time. We're going to make sure that we make the right choice,

En Touch Newsletter List@ENRON
ENA Public Relations@ENRON


Message-ID: <31746039.1075845520147.JavaMail.evans@thyme>
Date: Thu, 26 Apr 2001 01:13:00 -0700 (PDT)
From: joannie.williamson@enron.com
To: dottie@kerr-solutions.com
Subject: Re: HBS May 7 Luncheon - Eugene Vaughan
Cc: sherri.sera@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
Bcc: sherri.sera@enron.com
X-From: Joannie Williamson
X-To: Dottie Kerr <dottie@kerr-solutions.com>
X-cc: Sherri Sera
X-bcc:
X-Folder: \Jeff_Skilling_Oct2001\Notes Folders\Sent
X-Origin: SKILLING-J
X-FileName: jskillin.nsf

Thank you for the invitation.  Unfortunately, Jeff Skilling is unable to=20
attend.=20

Joannie Williamson
713-345-7774

Dottie Kerr <dottie@kerr-solutions.com> on 04/25/2001 11:37:57 PM
To: (Recipient list suppressed)
cc: =20

Subject: HBS May 7 Luncheon - Eugene Vaughan

As President of the Harvard Business School Club of Houston, I along with
the Club=01,s Officers and Directors, strive to host a cross-section of
interesting topics by provocative speakers.  Our May 7 speaker, an HBS alum
and successful Houston businessman, will highlight the results of a
scenario-planning project conducted by some of the most prominent Houston
business leaders.

TOPIC:         Seizing the Future for Houston

SPEAKER:   Mr. Eugene Vaughan, Chairman, Center for Houston=01,s Future
                    Chairman and Founder, Vaughan, Nelson, Scarborough &
McCullough, L.P.

DATE:          Monday, May 7, 2001
PLACE:        Houston Club, 811 Rusk in downtown Houston
TIME:           11:40 a.m. Check in, 11:55 p.m. Lunch, 12:15 p.m. Presentat=
ion

COST:          Sustaining Members: No charge
                    $20 for Regular Members with reservations
                    $25 for Members without reservations and Guests
                    NO-SHOWS WILL BE BILLED

RSVP:          By noon on May 4, 2001

The Board of the Center for Houston=01,s Future recently committed
resoundingly to the creation of Goals and a Strategic Plan for Houston that
will allow our community to achieve its extraordinary potential over the
next decisive 20 years.  This landmark program, already underway, will be
assisted by many dedicated volunteers from throughout the community.  Led
by Chairman Gene Vaughan, the Center, an affiliate of the Greater Houston
Partnership, is focused on very tough questions:  The world and Houston are
changing rapidly - what will be the new reality in 20 years and beyond?
What do we want Houston to be?  What are the obstacles and trade-offs?
Most of all, what plans, resources, determination and leadership are
necessary now to get Houston to its desirable future?  If you are
interested in what can be done to give Houston a great future worthy of its
past - and particularly if you want to get involved - this is an
outstanding opportunity to discourse with one of the citizens leading the
charge.

Gene Vaughan is chairman and founder of Vaughan, Nelson, Scarborough &
McCullough, L.P., an investment management firm originated in Houston in
1970 whose Investment Counsel and VNSM Trust Company manage securities
portfolios for foundations, endowments, corporations and families.

Within his profession, Mr. Vaughan was founding chairman and governor of
the Association for Investment Management and Research, a past chairman of
the Institute of Chartered Financial Analysts and a past chairman of the
Financial Analysts Federation.  He is chairman and has served as a director
since 1970 of Dreyfus Founders Group of mutual funds (Denver).

Mr. Vaughan has been a trustee of Vanderbilt University (Nashville) since
1972.  He is a director since 1990 and on the Executive Committee of the
Greater Houston Partnership.  He is Chairman of the Center for Houston=01,s
Future whose mission is to help prepare Houston proactively for future
opportunities and challenges.  Mr. Vaughan is a director of the Houston
Grand Opera Association, a trustee of Goodwill Industries and past chairman
of The Houston F


Message-ID: <584890.1075859815479.JavaMail.evans@thyme>
Date: Tue, 29 May 2001 04:53:00 -0700 (PDT)
From: smarra@isda.org
To: rainslie@isda.org, jennifer@kennedycom.com, tmorita@isda.org,
	yoshitaka_akamatsu@btm.co.jp, shigeru_asai@sanwabank.co.jp,
	kbailey2@exchange.ml.com, douglas.bongartz-renaud@nl.abnamro.com,
	brickell_mark@jpmorgan.com, henning.bruttel@dresdner-bank.com,
	sebastien.cahen@socgen.com, scarey@isda.org,
	joshua.cohn@allenovery.com, mcresta@cravath.com,
	daniel.cunningham@allenovery.com, mcunningham@isda.org,
	jerry.delmissier@barclayscapital.com, shawn@blackbird.net,
	evangelisti_joe@jpmorgan.com, tim.fredrickson@ubsw.com,
	gilbert_adam@jpmorgan.com, goldenj@allenovery.com,
	mark.e.haedicke@enron.com, fwhx9396@mb.infoweb.ne.jp,
	jhb1@bancosantander.es, yhoribe@isda.org, milphil@gateway.net,
	skawano@isda.org, hiroyuki_keisho@sanwabank.co.jp,
	damian.kissane@db.com, kazuhiko_koshikawa@sanwabank.co.jp,
	robert.mackay@nera.com, markb@cibc.ca,
	marjorie.b.marker@us.arthurandersen.com, lmarshall@isda.org,
	donna.matthews@ubsw.com, mengle_david@jpmorgan.com,
	tom.montag@gs.com, dmoorehead@pattonboggs.com, jonm@crt.com,
	yasumasa.nishi@ibjbank.co.jp, dennis.oakley@chase.com,
	losullivan@isda.org, ernest.patrikis@aig.com, rpickel@isda.org,
	maria.rosario@db.com, arothrock@pattonboggs.com, rryan@isda.org,
	maurits.schouten@csfb.com, charlessmithson@mindspring.com,
	ksumme@isda.org, teruo.tanaka@ibjbank.co.jp,
	steve_targett@nag.national.com.au,
	h.ronald.weissman@us.arthurandersen.com, dpd@aurora.dti.ne.jp,
	chi-wing.yuen@aig.com, apapesch@isda.org, nlim@isda.org,
	kdhulster@isda-eur.org, esebton@isda-eur.org, cirens@isda-eur.org,
	rmetcalfe@isda-eur.org, mhitchcock@isda-eur.org, kengelen@isda.org,
	pmartinez@isda.org, steven@kennedycom.com, pwerner@isda-eur.org,
	azam.mistry@hsbc.com, frederic.janbon@bnpparibas.com,
	kamin@lehman.com
Subject: ISDA PRESS REPORT - MAY 29, 2001
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Scott Marra <SMARRA@isda.org>
X-To: Ruth Ainslie <RAinslie@isda.org>, "'jennifer@kennedycom.com'"	 <jennifer@kennedycom.com>, Tomoko Morita <TMorita@isda.org>, "'Yoshitaka Akamatsu'" <yoshitaka_akamatsu@btm.co.jp>, Shigeru Asai	 <Shigeru_Asai@sanwabank.co.jp>, Keith Bailey <kbailey2@exchange.ml.com>, Douglas Bongartz-Renaud <douglas.bongartz-renaud@nl.abnamro.com>, Mark Brickell <brickell_mark@jpmorgan.com>, Henning Bruttel	 <Henning.Bruttel@dresdner-bank.com>, Sebastien Cahen	 <sebastien.cahen@socgen.com>, Stacy Carey <SCAREY@ISDA.ORG>, Josh Cohn	 <joshua.cohn@allenovery.com>, "'Marjorie Cresta (Cravath)'"	 <mcresta@cravath.com>, Daniel Cunningham	 <daniel.cunningham@allenovery.com>, Mary Cunningham	 <MCUNNINGHAM@isda.org>, Jerry del Missier	 <jerry.delmissier@barclayscapital.com>, "'Shawn Dorsch (Derivatives Net)'" <shawn@blackbird.net>, "'Joseph Evangelisti (JP Morgan)'" <evangelisti_joe@jpmorgan.com>, Tim Fredrickson <tim.fredrickson@ubsw.com>, "'gilbert_adam@jpmorgan.com'"	 <gilbert_adam@jpmorgan.com>, Jeff Golden <goldenj@allenovery.com>, Mark Haedicke <Mark.E.Haedicke@enron.com>, "'Tsuyoshi Hase'"	 <fwhx9396@mb.infoweb.ne.jp>, Jose Manuel Hernandez-Beneyto	 <jhb1@bancosantander.es>, Yasuko Horibe <YHORIBE@isda.org>, "'Michael Iver'" <milphil@gateway.net>, Shigeki Kawano <SKawano@isda.org>, Hiroyuki Keisho <Hiroyuki_Keisho@sanwabank.co.jp>, Damian Kissane	 <damian.kissane@db.com>, Kazuhiko Koshikawa	 <kazuhiko_koshikawa@sanwabank.co.jp>, Robert Mackay	 <robert.mackay@nera.com>, Robert Mark <markb@cibc.ca>, Marjorie Marker	 <marjorie.b.marker@us.arthurandersen.com>, Louise Marshall	 <LMarshall@isda.org>, "'Donna.Matthews@ubsw.com'"	 <Donna.Matthews@ubsw.com>, "'David Mengle (JP Morgan)'"	 <mengle_david@jpmorgan.com>, Thomas Montag <tom.montag@gs.com>, Don Moorehead <dmoorehead@pattonboggs.com>, Jonathan Moulds	 <jonm@crt.com>, "'Yasumasa Nishi (IBJ)'" <yasumasa.nishi@ibjbank.co.jp>, Dennis Oakley <dennis.oakley@

payment
bank account
million
billion
settlement
compensation


Message-ID: <24914104.1075852629807.JavaMail.evans@thyme>
Date: Tue, 23 Oct 2001 09:35:36 -0700 (PDT)
From: a..shankman@enron.com
To: cswart@coair.com
Subject: RE:
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
X-From: Shankman, Jeffrey A. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JSHANKM>
X-To: '"Swartz, Cristina" <CSWART@coair.com>@ENRON'
X-cc:
X-bcc:
X-Folder: \JSHANKM (Non-Privileged)\Deleted Items
X-Origin: Skilling-J
X-FileName: JSKILLIN (Non-Privileged).pst

Call me when you get here, it's a zoo downstairs.  853 1761

 -----Original Message-----
From: 	"Swartz, Cristina" <CSWART@coair.com>@ENRON
Sent:	Monday, October 22, 2001 4:50 PM
To:	Shankman, Jeffrey A.
Subject:	RE:

ok great. Noon downstairs in Lobby to show you fabric.

-----Original Message-----
From: Jeffrey.A.Shankman@enron.com [mailto:Jeffrey.A.Shankman@enron.com]
Sent: Monday, October 22, 2001 4:48 PM
To: CSWART@coair.com
Subject: RE:

Great.  How about noon in the lobby (of the old Enron Bldg)?  I'd love to
look at samples/pics, but maybe over the weekend.

    -----Original Message-----
   From:   "Swartz, Cristina" <CSWART@coair.com>@ENRON
   Sent:   Monday, October 22, 2001 4:39 PM
   To:     Shankman, Jeffrey A.
   Subject:  RE:

   OK. let me know what time works and we'll meet.  I also have ( I need to
   look for it) a whole bunch of magazine cutouts that I had gathered
   earlier
   when you first bought your house to show you.  These are just examples
   of
   possible styles, tables, accessories etc. that you might like and that I
   can
   help you find to place in your house.  We can go over these as well if
   you
   want. I also have books I can lend you for you to look through and let
   me
   know if you like something.
   Tina

   -----Original Message-----
   From: Jeffrey.A.Shankman@enron.com [mailto:Jeffrey.A.Shankman@enron.com]
   Sent: Monday, October 22, 2001 4:27 PM
   To: CSWART@coair.com
   Subject: RE:

   Hi there, how about tomorrow around lunch time?

       -----Original Message-----
      From:   "Swartz, Cristina" <CSWART@coair.com>@ENRON
      Sent:   Monday, October 22, 2001 3:18 PM
      To:     Shankman, Jeffrey A.
      Subject:  RE:
      Importance:  High

      I've got 2 samples of fabric.  1 plain off white and the other a
   ribbed
      off
      white.  Elizabeth and I prefer the ribbed.
      Plain = $40 retail / $20 cost
      Ribbed = $50 retail  / $25 cost x 34 yards = $850
      I'll give them to you at cost so that we can continue furnishing your
      house
      ( I hear it's empty).
      If you have time this afternoon and can walk down to your Lobby I can
      meet
      you there to show you the fabrics.  Also, bring down a check so that
   I
      can
      stop by Walter Lee Culp and order you couches and fabric ma?ana.
   Fabric
      can
      be overnighted if needed or sent 2 day.
      I think 2 day is plenty of time.

      50% now - (not including taxes)
      50% later + shipping and taxes when couches are ready for delivery
   (6-8
      wks.).

      Need now
      $5445 for 2 loveseats and 1 couch + $850 for fabric = $6295
      I will give you a receipt.
      Let me know when you can see the fabric........
      Tina

      -----Original Message-----
      From: Jeffrey.A.Shankman@enron.com
   [mailto:Jeffrey.A.Shankman@enron.com]
      Sent: Tuesday, October 16, 2001 2:59 PM
      To: CSWART@coair.com
      Subject: RE:

      Good.  I'm going to Cabo thursday and will be back early sunday.  If
   you
      have a few samples, I'll pick one, and well go forward.  Can we order
      the 3
      sofas, and send them the fabric when it comes so we can get in the
   line
      of
      orders?  No problem on the check.

      What do you think of them?  Be brutal.

      Jeff

          -----Original Message-----
         From:   "Swartz, Cristina" <CSWART@coair.com>@ENRON
         Sent:   Tuesday, October 16, 2001 2:49 PM
         To:


Message-ID: <16823593.1075859847171.JavaMail.evans@thyme>
Date: Thu, 8 Mar 2001 04:18:00 -0800 (PST)
From: smarra@isda.org
To: tmorita@isda.org, rainslie@isda.org, yoshitaka_akamatsu@btm.co.jp,
	shigeru_asai@sanwabank.co.jp, kbailey2@exchange.ml.com,
	douglas.bongartz-renaud@nl.abnamro.com, brickell_mark@jpmorgan.com,
	henning.bruttel@dresdner-bank.com, sebastien.cahen@socgen.com,
	scarey@isda.org, jcohn@cravath.com, mcresta@cravath.com,
	dcunning@cravath.com, mcunningham@isda.org,
	jerry.delmissier@barclayscapital.com, shawn@blackbird.net,
	evangelisti_joe@jpmorgan.com, francois@us.cibc.com,
	tim.fredrickson@ubsw.com, gilbert_adam@jpmorgan.com,
	goldenj@allenovery.com, mark.e.haedicke@enron.com,
	fwhx9396@mb.infoweb.ne.jp, jhb1@bancosantander.es,
	quentin_hills@hk.ml.com, yhoribe@isda.org, milphil@gateway.net,
	skawano@isda.org, hiroyuki_keisho@sanwabank.co.jp,
	stevenkennedy@kennedyco.com, damian.kissane@db.com,
	kazuhiko_koshikawa@sanwabank.co.jp, robert.mackay@nera.com,
	markb@cibc.ca, marjorie.b.marker@us.arthurandersen.com,
	lmarshall@isda.org, donna.matthews@ubsw.com,
	mengle_david@jpmorgan.com, tom.montag@gs.com,
	dmoorehead@pattonboggs.com, jonm@crt.com,
	yasumasa.nishi@ibjbank.co.jp, dennis.oakley@chase.com,
	losullivan@isda.org, ernest.patrikis@aig.com, rpickel@isda.org,
	maria.rosario@db.com, arothrock@pattonboggs.com, rryan@isda.org,
	maurits.schouten@csfb.com, charlessmithson@mindspring.com,
	ksumme@isda.org, teruo.tanaka@ibjbank.co.jp,
	steve_targett@nag.national.com.au, mark.wallace@wdr.com,
	h.ronald.weissman@us.arthurandersen.com, twerlen@cravath.com,
	dpd@aurora.dti.ne.jp, chi-wing.yuen@aig.com, apapesch@isda.org,
	nlim@isda.org, kdhulster@isda-eur.org, esebton@isda-eur.org,
	cirens@isda-eur.org, rmetcalfe@isda-eur.org, mhitchcock@isda-eur.org,
	kengelen@isda.org
Subject:
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Scott Marra <SMARRA@isda.org>
X-To: Tomoko Morita <TMorita@isda.org>, Ruth Ainslie <RAinslie@isda.org>, "'Yoshitaka Akamatsu'" <yoshitaka_akamatsu@btm.co.jp>, Shigeru Asai	 <Shigeru_Asai@sanwabank.co.jp>, Keith Bailey <kbailey2@exchange.ml.com>, Douglas Bongartz-Renaud <douglas.bongartz-renaud@nl.abnamro.com>, Mark Brickell <brickell_mark@jpmorgan.com>, Henning Bruttel	 <Henning.Bruttel@dresdner-bank.com>, Sebastien Cahen	 <sebastien.cahen@socgen.com>, Stacy Carey <SCAREY@ISDA.ORG>, Josh Cohn	 <jcohn@cravath.com>, "'Marjorie Cresta (Cravath)'" <mcresta@cravath.com>, Daniel Cunningham <dcunning@cravath.com>, Mary Cunningham	 <MCUNNINGHAM@isda.org>, Jerry del Missier	 <jerry.delmissier@barclayscapital.com>, "'Shawn Dorsch (Derivatives Net)'" <shawn@blackbird.net>, "'Joseph Evangelisti (JP Morgan)'" <evangelisti_joe@jpmorgan.com>, "'George Francois (CIBC)'" <francois@us.cibc.com>, Tim Fredrickson	 <tim.fredrickson@ubsw.com>, "'gilbert_adam@jpmorgan.com'"	 <gilbert_adam@jpmorgan.com>, Jeff Golden <goldenj@allenovery.com>, Mark Haedicke <Mark.E.Haedicke@enron.com>, "'Tsuyoshi Hase'"	 <fwhx9396@mb.infoweb.ne.jp>, Jose Manuel Hernandez-Beneyto	 <jhb1@bancosantander.es>, "'Quentin Hills'" <Quentin_hills@hk.ml.com>, Yasuko Horibe <YHORIBE@isda.org>, "'Michael Iver'" <milphil@gateway.net>, Shigeki Kawano <SKawano@isda.org>, Hiroyuki Keisho	 <Hiroyuki_Keisho@sanwabank.co.jp>, "'stevenkennedy@kennedyco.com'"	 <stevenkennedy@kennedyco.com>, Damian Kissane <damian.kissane@db.com>, Kazuhiko Koshikawa <kazuhiko_koshikawa@sanwabank.co.jp>, Robert Mackay	 <robert.mackay@nera.com>, Robert Mark <markb@cibc.ca>, Marjorie Marker	 <marjorie.b.marker@us.arthurandersen.com>, Louise Marshall	 <LMarshall@isda.org>, "'Donna.Matthews@ubsw.com'"	 <Donna.Matthews@ubsw.com>, "'David Mengle (JP Morgan)'"	 <mengle_david@jpmorgan.com>, Thomas Montag <tom.montag@gs.com>, Don Moorehead <dmoorehead@pattonboggs.com>, Jonathan Moulds	 <jonm@crt.com>, "'Yasumasa Nishi (IBJ)'" <yasumasa.nishi@ibjbank.co.jp>, Dennis Oakley <dennis.oakley@chase.com>, "Liz

50 billion in terms of receiving a
fixed rate of interest via a swap contract.


Message-ID: <1179664.1075847763736.JavaMail.evans@thyme>
Date: Tue, 27 Mar 2001 19:42:00 -0800 (PST)
From: suzanne_nimocks@mckinsey.com
To: skean@enron.com
Subject: California Power Crisis Update (No. 10)
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: <Suzanne_Nimocks@mckinsey.com>
X-To: SKean@enron.com
X-cc:
X-bcc:
X-Folder: \Steven_Kean_June2001_2\Notes Folders\Archiving\Untitled
X-Origin: KEAN-S
X-FileName: skean.nsf

We have been pulling together these weekly(sometimes more often) summaries
for internal purposes.  Would you find it helpful to be on the distribution
list?  Hope you are doing well.  Look forward to touching base soon.
----- Forwarded by Suzanne Nimocks/HOU/NorthAmerica/MCKINSEY on 03/28/2001
03:41 AM -----
       Memorandum

    TO:   Pru Sheppard
    BCC:  Suzanne Nimocks

   FROM:   Pru Sheppard
       B. Venki Venkateshwara
      DATE:    March 27, 2001

       California Power Crisis Update (No. 10)

      DEVELOPMENTS THIS WEEK, 3/23/2001

          The weeks highlights include:

      ?   Continued indications that the issue of market power and possible
      remedies for it is likely to remain a high profile issue in
      California and elsewhere (both retroactively and prospectively)
      ?   An ironical situation with respect to QFs in which QF power under
      contract is effectively being released into the market at higher
      prices
      ?   A court order requiring Reliant to continue to sell power to the
      ISO even if it is not being paid in a full and timely manner
      ?   Another Stage 3 emergency and rolling blackouts

      Market power

          There are continued indications that the issue of market power
      will not be settled simply.  This week there was a lengthy and
      politically influential front page story in the New York Times about
      FERCs passive approach to policing generators (Critics Say U.S.
      Energy Agency Is Weak in Oversight of Utilities). The story was by
      Jeff Gerth and Joseph Kahn. (Jeff Gerth's 1992 story on the
      Whitewater deal is viewed by journalists to have been the origin of
      what eventually became a multi-year investigation of Bill Clinton.)

          The key issues are familiar:

      ?   Does market power exist to a degree that warrants remedies such
      as price caps, refunds, and so on?
      ?   If so, what is the basis for asserting that market power exists
      and what is the remedy?  (See the discussion in the New York Times
      article on the "good hours" vs. "bad hours" approach and the
      associated political decision not to deal with "good hours").
      ?   Can market power be used as leverage to eventually settle
      generator bills in California at something less than 100 cents on the
      dollar.   (The California ISO filed a complaint claiming $6 billion
      in overcharges this week.)

      The QF irony

          Through the 1990s, QF contracts were projected to be the source
      of stranded costs because they were priced "way above market."  In
      recent months, in California, they look like a bargain (although some
      are not such great bargains because a portion of their price is tied
      to gas).  You would think that the utilities would request QFs to
      maximize their output.  But credit problems have created an ironical
      situation.  The facts:

      ?   PG&E and Edison have not been paying the QFs fully and promptly
      for some time.
      ?   The QFs form a creditors committee and threaten to push PG&E and
      Edison into bankruptcy. (Some gas-fired QFs had to shut down because
      they did not have money to pay for the gas.)
      ?   Last week's court decision allows MidAmerican/CalEnergy to
      essentially sell its power to others even though the QF contract
      "dedicates" the output to the purchasing utility.
      ?   CalEnergy does so immediately, selling to El Paso.

      The Re

100 beds
      and
      emergency services such as fire and police departments have

700 other small energy producers in the state
      said they
      were considering similar action against


Message-ID: <9457829.1075860657671.JavaMail.evans@thyme>
Date: Wed, 6 Jun 2001 01:06:00 -0700 (PDT)
From: mlk@pkns.com
To: richard.b.sanders@enron.com
Subject: Fwd: DOJ Investigations of Williams and AES
Cc: djn@pkns.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: djn@pkns.com
X-From: "Michael Kirby" <mlk@pkns.com>
X-To: <Richard.B.Sanders@enron.com>
X-cc: "David Noonan" <djn@pkns.com>
X-bcc:
X-Folder: \Richard_Sanders_Jun2001\Notes Folders\All documents
X-Origin: Sanders-R
X-FileName: rsander.nsf

The information contained in this e-mail message and any accompanying
documents is subject to the attorney-client privilege and/or the attorney
work product rule and is confidential business information intended only for
the use of the individual or entity named above.  If the reader of this
message is not the intended recipient or representative of the recipient, you
are hereby notified that any dissemination of this communication is strictly
prohibited.  If you have received this communication in error, please notify
the Systems Administrator at admin@pkns.com and immediately delete this
message from your system.
Received: from dc_ex.crai.com ([65.198.98.11]) by PKNS.COM; Wed, 06 Jun 2001
04:51:29 -0700
Received: by dc_ex with Internet Mail Service (5.5.2653.19) id <LWNK4CLF>;
Wed, 6 Jun 2001 07:53:08 -0400
Message-ID: <4F9975895929D1119D9E00A0C965647F01B2C980@dc_ex>
From: "Acton, Jan" <JActon@crai.com>
To: "'gfergus@brobeck.com'" <gfergus@brobeck.com>, "'mlk@pkns.com'"
<mlk@pkns.com>, "'breasoner@gibbs-bruns.com'"  <breasoner@gibbs-bruns.com>
Cc: "Spann, Bob" <BSpann@crai.com>, "Savage, Timothy" <TSavage@crai.com>,
"Riker, David" <DRiker@crai.com>
Subject: DOJ Investigations of Williams and AES
Date: Wed, 6 Jun 2001 07:53:00 -0400
MIME-Version: 1.0
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Content-Type: text/plain

Today's Washington Post and Wall Street Journal report that in filings to
the SEC, AES has advised that it and Wiliams are being investigated for
price manipulation by the Department of Justice for alleged withholding of
output in April and May 2000.

This is not a surprise to me, but I had not seen a formal announcement
before.

The Post notes the relationship to the $8 million fine that Williams paid to
settle the FERC complaint.

I have not yet read the SEC filing.

Jan Paul Acton
Vice President
Charles River Associates
1201 F St., NW, Suite 700
Washington, DC 20004-1204
Voice: (202) 662 3902
Fax: (202) 662 3910

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Message-ID: <4257637.1075848133991.JavaMail.evans@thyme>
Date: Mon, 5 Feb 2001 09:04:00 -0800 (PST)
From: eric.benson@enron.com
To: richard.shapiro@enron.com, james.steffes@enron.com, steven.kean@enron.com
Subject: California's Desperate Attempts to Avoid a Rate Increase - CERA
 Alert
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Eric Benson
X-To: Richard Shapiro, James D Steffes, Steven J Kean
X-cc:
X-bcc:
X-Folder: \Steven_Kean_June2001_4\Notes Folders\Discussion threads
X-Origin: KEAN-S
X-FileName: skean.nsf

attached is a notice from CERA re California bill AB 1 for your review and=
=20
files; please advise if additional material is requested - Eric Benson

=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D

----- Forwarded by Eric Benson/NA/Enron on 02/05/2001 05:07 PM -----

=09webmaster@cera.com
=0902/05/2001 04:37 PM
=09=09=20
=09=09 To: insights@cera.com
=09=09 cc:=20
=09=09 Subject: California's Desperate Attempts to Avoid a Rate Increase - =
CERA=20
Alert

Title: California's Desperate Attempts to Avoid a Rate Increase
URL: http://www20.cera.com/eprofile?u=3D35&m=3D2241

California=01,s Desperate Attempts to Avoid a Rate Increase

On February 1, 2001, the California Assembly approved and the California
governor signed a new law intended to secure power supplies for California.=
=20
The
legislature has been meeting since early January in a =01&special extraordi=
nary
session=018 to address the power market crisis in the state, and the new la=
w
represents their first significant piece of legislation. The bill, AB 1,
establishes a new mechanism for purchasing power for the state=01,s busines=
ses=20
and
consumers. Whether the mechanism works will depend chiefly on whether the
limited revenue source used to pay for the power=01*collected by the state=
=01,s
investor-owned utilities (IOUs) under current retail rates=01*will cover=20
wholesale
power market costs incurred by the state. The law reflects the obsession by
California lawmakers with avoiding a rate increase rather than focusing on =
the
underlying flaws in California=01,s market structure.

AB 1 ushers in several important changes to the California market structure=
.=20
It
also contains several key provisions that capture the political mood in the
state. Highlights of the bill include

* Power buying authority transferred. The responsibility for purchasing pow=
er
for the customers of California=01,s IOUs has been transferred to the Calif=
ornia
Department of Water Resources (CDWR). The California utilities will continu=
e=20
to
operate and schedule their remaining generating facilities and contracts. T=
he
difference between the utilities=01, total load and the sum of their resour=
ces
(referred to as the utilities=01, =01&net short=018 amount) will be supplie=
d by CDWR,=20
an
amount of energy that varies between 5,000 and 25,000 megawatts (MW),=20
depending
on the time of year, time of day, and utility plant availability. The=20
utilities
most recently performed this function themselves, buying energy from the
California Power Exchange (PX). However, CDWR has been buying electricity o=
n
behalf of the IOUs since mid-January, when the near-bankruptcy of Southern
California Edison (SCE) and Pacific Gas & Electric (PG&E) threatened to=20
disrupt
supplies to their customers. CDWR is a state agency that manages water
reservoirs and transportation systems in the state. CDWR uses an enormous
amount of electricity to transport water across California and provides
critical load-shedding capability to the independent system operator (ISO).=
 In
addition, CDWR=01,s reservoirs generate power. The CDWR is thus well integr=
ated=20
in
the state=01,s electric grid but in the past has not executed large, compli=
cated
energy purchase arrangements to supply the customers of California=01,s=20
utilities.

* Portfolio of transactions. The intent of AB 1 is to allow CDWR to execute=
 a
portfolio of contr


Message-ID: <27569485.1075847389312.JavaMail.evans@thyme>
Date: Thu, 31 May 2001 17:25:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Tanya_Jones_June2001\Notes Folders\All documents
X-Origin: JONES-T
X-FileName: tjones.nsf

BUSINESS HIGHLIGHTS

Enron Industrial Markets=20
The Transaction Development group (TD) is responsible for corporate=20
development, transaction execution and portfolio management activities with=
in=20
EIM.  TD is responsible for asset and corporate acquisitions to support EIM=
=01,s=20
efforts in the Forest Products and Steel industries.  TD works with EIM=01,=
s=20
Forest Products and Steel Origination groups to structure and execute compl=
ex=20
transactions for EIM=01,s customers.  TD also manages EIM=01,s equity inves=
tments,=20
such as EIM=01,s ownership position in Papier Masson, Ltee, a paper mill in=
=20
Quebec, Canada.

TD is comprised of approximately 20 professionals with a wide range of=20
backgrounds including investment banking, commercial banking, management=20
consulting, law, project development, accounting and engineering.  In=20
addition, the majority of the analysts and associates within EIM work in TD=
=20
since it provides a strong base of deal experience for junior members of ou=
r=20
organization. =20

Enron Freight Markets
Enron Freight Markets has continued to expand the transportation services=
=20
offered to its customers and completed several flatbed truck moves outbound=
=20
from Georgia this week.  There was a shortage of flatbed equipment supply i=
n=20
this market and EFM was able to obtain more than three times the normal=20
margin on each move.

      =20
IN THE NEWS

"Enron's bilateral internet trading platform, EnronOnline, was launched in=
=20
November 1999 and is the largest e-commerce site on the planet based on the=
=20
value of its transactions.  As EPRM went to press, it had average daily=20
trading volume of $3.5 billion, accounting for nearly 50% of the company's=
=20
revenues from wholesale marketing activities." -- Energy Power Risk=20
Management, May 2001

WELCOME
New Hires
EIM   - Cheryl Lindeman
ENA  - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale,=
=20
Sarah Wooddy

Transfers (to or within)
ENA - Grace Taylor, Steven Irvin, Dina Snow

NUGGETS & NOTES

Enron is hosting the Chicago Energy Risk Management Seminar at The Drake=20
Hotel in Chicago on June 14, 2001.  Topics include: Power Outlook, Natural=
=20
Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper=
=20
Risk Management. The RSVP deadline is June 8th so please contact Laura Pena=
=20
as soon as possible at x 3-5376.  This is a great event for "new" as well a=
s=20
established customers.  There will be a cocktail reception immediately afte=
r=20
the presentations.  Enron will also be hosting seminars in Atlanta, Houston=
,=20
Denver and San Francisco.  Dates to be announced soon.

Travel tip of the week:
Flights reserved through Travel Agency in the Park provide you with $150,00=
0=20
of flight insurance at no additional charge.

EnronOnline Statistics
Below are the latest figures for EnronOnline as of May 29, 2001.

* Total Life to Date Transactions >  1,015,000
* Life to Date Notional Value of Transactions > $610 billion

NEWS FROM THE GLOBAL FLASH

Enron arranges first gas pipeline import into Italy
Enron has continued its pioneering activities in the Continental gas market=
=20
by arranging the first gas import into Italy.  The Italian team worked with=
=20
the Continental Gas desk to arrange this strategically important agreement=
=20
with Blugas SpA., the wholesale gas company formed by the municipalities of=
=20
Cremona, Lodi, Mantova and Pavia in north-eastern Italy.  Enron has sourced=
=20
100,000


Message-ID: <27624328.1075851769798.JavaMail.evans@thyme>
Date: Thu, 15 Mar 2001 16:59:00 -0800 (PST)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Jason_Wolfe_Nov2001\Notes Folders\Saved-03
X-Origin: WOLFE-J
X-FileName: jwolfe.nsf

BUSINESS HIGHLIGHTS

ENA Principal Investments:
Three transactions to date in 1Q 2001:
$2.5 million investment in Series C Convertible Preferred Stock of Silicon=
=20
Power Corporation ("SPC"), a leading designer, developer and manufacturer o=
f=20
a wide range of power semiconductor devices and systems.  SPC operates=20
through three divisions: The Power Components Division manufactures large=
=20
area semiconductors up to 125 mm which are used in high-power diodes,=20
thyristors, GTO thyristors and custom high pulse power rated devices.  Thes=
e=20
components are sold directly to OEM's in the heavy industrial, electric=20
utility, transportation, military and medical industries. The Industrial=20
Power Division specializes in systems level products providing utility and=
=20
power quality protection.  The Commercial Power Division designs and=20
manufactures semiconductors made by a planar process used to make discrete=
=20
power semiconductor devices and associates subsystems. More information can=
=20
be obtained from Kevin Kuykendall (33995), Jennifer Adams (33919) or from t=
he=20
Company's web page at: www.siliconpower.com

$2.25 million convertible bridge loan to Solo Energy Corporation, an existi=
ng=20
ENA Principal Investments portfolio company.  The funds are part of a $7.0=
=20
million bridge facility needed to fund overhead while negotiations continue=
=20
regarding a potential acquisition opportunity.  In addition to the conversi=
on=20
feature, ENA Principal Investments also received warrants to purchase 2.75=
=20
million additional shares in Solo Energy.  The Company is developing a 100 =
kW=20
microturbine, which utilizes a proprietary catalytic combustion process and=
=20
turbines, sourced from the automotive and marine sectors.  Placement of 50=
=20
beta units is planned at test sites selected by SCANA (a co-investor in Sol=
o=20
Energy) in the 2Q and 3Q, 2001.  Once the acquisition is completed, the=20
Company plans to complete an additional $30 to $50 million funding round. =
=20
More information can be obtained from Charlie Vetters (39435), Kyle Kettler=
=20
(30423) or from the Company's web page: www.soloenergy.com

$5.0 million Series D Convertible Preferred Stock of Encorp, Inc., an=20
existing ENA Principal Investments portfolio company.  The funds are part o=
f=20
a total of $38 million raised in the Series D round that should provide=20
funding for the company through mid-2002.  Encorp is among the worlds leadi=
ng=20
providers of products, services and solutions addressing the growing demand=
=20
for clean, reliable on-site power systems. The Company=01,s power technolog=
y=20
products include grid-interconnection switchgear and energy-automation=20
software.  ENCORP=01,s products, in combination with the Company=01,s=20
engineering-services team, create dependable, on-site power solutions that=
=20
can reduce the overall cost of energy for commercial and industrial custome=
rs=20
operating in the digital economy.  More information can be obtained from=20
Charlie Vetters (39435),  Kyle Kettler (30423) or from the Company's web=20
page: www.encorp.com

Enron Credit
Feeling exposed? If you are looking for ways to trade some credit exposure=
=20
out of your portfolio, visit EnronOnlineTM. Enron Credit now offers 3-year=
=20
and 5-year Credit Default Swaps for a number of companies every day on the=
=20
system.

Industrial Markets
Enron Industrial Markets has established its Key Goals and Objectives for=
=20
2001 for the Forest Products and S

450 billion

NEWS FROM THE GLOBAL FLASH

EnPipe Services
The Continental Gas team is launching the first


Message-ID: <19724119.1075860657833.JavaMail.evans@thyme>
Date: Wed, 6 Jun 2001 04:48:00 -0700 (PDT)
From: britt.davis@enron.com
To: becky.zikes@enron.com
Subject: McCall v. Exxon
Cc: lee.carrier@enron.com, richard.sanders@enron.com, linda.guinn@enron.com,
	andrew.edison@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: lee.carrier@enron.com, richard.sanders@enron.com, linda.guinn@enron.com,
	andrew.edison@enron.com
X-From: Britt Davis
X-To: Becky Zikes
X-cc: Lee Carrier, Richard B Sanders, Linda R Guinn, Andrew Edison
X-bcc:
X-Folder: \Richard_Sanders_Jun2001\Notes Folders\All documents
X-Origin: Sanders-R
X-FileName: rsander.nsf

 This is a file I have had set up for some years.  From time to time, we
receive third party subpoenas from the parties.

 I recently received (through Carrin Patman) an informal request from Exxon's
counsel in this matter for some old Exxon/Intratex gas supply contracts.
Exxon's expert wants to use these contracts as part of his database to show
that, contrary to the royalty class's primary theory of recovery, Exxon did
adequately market the royalty owners' gas.

 Exxon's attorney has already tried to find these old contracts at Exxon, but
there is no cross-reference index available on these old documents.  Exxon
will pay for our costs in responding and has no problem with us wanting them
to be kept confidential.  The parties recently got a trial setting for August
28 in Winkler County state court (Kermit Texas).  Exxon will file a motion
for continuance, but of course can't be sure that it will be granted.

 Parenthetically, plaintiffs are asking for $53 million in actual damages,
and up to twenty times that in punitives, plus 40% attorneys' fees.  I do
not, however, believe that Intratex or any present or former Enron entity has
any exposure.  This case has been around for five years, and no Enron entity
has ever been made a party, nor has there been any hint of that.  You should
also be aware that a subset of the class brought exactly the same case
against Exxon about a year ago and the jury poured them out.  That case,
Haley v. Exxon, also involved the same plaintiffs' experts.

 I am working with Bonnie to find out who the right business records
custodian would be; it may be that V&E actually has all these old documents.
Once I find this out, we will coordinate a response.

 Britt


Message-ID: <23481713.1075842657654.JavaMail.evans@thyme>
Date: Thu, 2 Nov 2000 15:19:00 -0800 (PST)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: Ameriflash Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Gerald_Nemec_Dec2000_June2001_1\Notes Folders\Notes inbox
X-Origin: NEMEC-G
X-FileName: gnemec.nsf

BUSINESS HIGHLIGHTS

Oil Products
The Oil Products Group executed a 1 year physical transaction, whereby Enro=
n=20
supplies Delta Airlines 100,000 barrels/month for one year beginning in =20
November of 2000, for a total of 1.2 million barrels.

Weather
On December 6 at 7pm, the Weather Channel will run a 15 minute special=20
interest story on Weather Derivative trading.  Approximately 8 minutes of=
=20
this telecast will focus on the Enron Weather Risk Management group, led by=
=20
Mark Tawney, director. In September, a film crew spent two days recording t=
he=20
group's activities and interviewing Mark Tawney; Steven Vu, head of trading=
;=20
Gary Taylor, head of marketing; and Brando Hayden, trader.  Efforts to=20
publicize Enron's leading position in the Weather Risk marketplace have=20
included this television show, the Enron Corp commercial focused on weather=
=20
risk management, and several articles written by members of the Enron Weath=
er=20
Trading group.  What's next?  Enron Weather: the Movie - coming soon to=20
theatres near you!

Principal Investments
Tridium Inc., the leading provider of Internet-based automation=20
infrastructure solutions, announced the closing of a $20 million round of=
=20
capital funding. The funds will be used to increase Tridium=01,s sales and=
=20
technical support offices in North America, expand its operations into Euro=
pe=20
and Asia, and enhance its technology and products. kRoad Ventures, L.P. and=
=20
Enron North America each contributed $10 million in venture capital.

Energy Capital Resources
Westwin Energy, LLC, a privately held oil and gas exploration and productio=
n=20
company based in Midland, has been formed by the former management team of=
=20
ARCO Permian.  Along with the company=01,s formation, Westwin announced its=
=20
financial partner, which is Enron North America.  Westwin Energy will focus=
=20
on drilling opportunities and select acquisitions in the Permian Basin of=
=20
West Texas and Southeast New Mexico.

Enron Industrial Markets Fundamentals Analysis
Following the example of other Enron entities, Enron Industrial Markets has=
=20
established a Fundamentals Analysis Group.  Under the direction of Andrea=
=20
Reed, the group is similar to the others, with the objective of providing=
=20
market, industry, and regulatory information and identifying potential=20
commercial opportunities for originators and traders.  Doug Moreno and Caro=
l=20
Marshall are the information experts.   They are presently working to=20
aggregate all of Enron=01,s various resources into a library and a website=
=20
(coming soon at http://eimfundy.dev.corp.enron.com/).  Jennifer Riley is th=
e=20
quantitative analyst, and has already analyzed a number of statistical=20
relationships for the business entities to identify possible hedging=20
strategies.  Peggy Determeyer (steel) and Karen Carter (paper/pulp and=20
lumber) will be providing analytical services to the two primary product=20
lines. Tammy Davis keeps them all organized with terrific administrative=20
support.  Doug, Jennifer, Tammy, and Carol have followed Andrea from her=20
previous Merchant Asset Portfolio Management assignment, while Peggy and=20
Karen have joined from Enron South America and Enron North America,=20
respectively.  If you have any ideas for critical analyses or information=
=20
needs, contact one of them for help.=20

Foreign Exchange (FX) and Sovereign Risk (ENA Research Group)=20
In last week=01,s Ameriflash newsletter, we intr


Message-ID: <7089117.1075862447603.JavaMail.evans@thyme>
Date: Fri, 16 Nov 2001 19:00:54 -0800 (PST)
From: webmaster@cera.com
To: clients@cera.com
Subject: High Inventories and Weak Jet Demand Shape the Heating Oil Market -
 CERA Alert
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: webmaster@cera.com@ENRON
X-To: clients@cera.com
X-cc:
X-bcc:
X-Folder: \VKAMINS (Non-Privileged)\Kaminski, Vince J\Deleted Items
X-Origin: Kaminski-V
X-FileName: VKAMINS (Non-Privileged).pst

Title: Atlantic Basin Heating Oil Markets Well Supplied Before Winter
URL(s):

http://www.cera.com/eprofile?u=35&m=2800;

***********************************************************************

HIGH INVENTORIES AND WEAK JET DEMAND SHAPE THE HEATING OIL MARKET

Atlantic Basin heating oil markets are comfortably supplied in the lead-up to
the winter 2001/02 heating season, and accordingly CERA expects much weaker
distillate-to-crude price differentials than those of a year ago.

*  Primary distillate inventories in North America are well above those of a
year ago, and German heating oil stocks are as much as 60 million barrels
higher then last year.

*  Weakening jet fuel demand effectively increases availability of refinery
distillate supply capability.

*  Distillate consumption in switchable applications in North America will be
much lower than they were last year, when a very tight natural gas market
boosted distillate demand.

**end**

Follow above URL for complete Alert (3 printed pages).

E-mail Category: Alert
CERA Knowledge Area(s): Global Oil

***********************************************************************
**************************************************************************************
CERAWeek February 11-15, 2002 - http://www.cera.com/ceraweek

SPECIAL OFFER: Register on-line before November 30th, and a 2-Day Pass
will be upgraded to a 4-Day Pass (maximum $1,800 value).
Day 1: Global Oil/Refined Products;
Day 2: Natural Gas/Global Energy;
Day 3 & 4: Electric Power
**************************************************************************************

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This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use: http://www.cera.com/tos
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


Message-ID: <2597291.1075860326650.JavaMail.evans@thyme>
Date: Tue, 22 May 2001 02:28:00 -0700 (PDT)
From: mark.taylor@enron.com
To: michael.hicks@enron.com, nelly.carpenter@enron.com
Subject:
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Mark Taylor
X-To: Michael Hicks, Nelly Carpenter
X-cc:
X-bcc:
X-Folder: \Mark_Taylor_Jun2001\Notes Folders\Sent
X-Origin: Taylor-M
X-FileName: mtaylor.nsf

I got another one.
----- Forwarded by Mark Taylor/HOU/ECT on 05/22/2001 09:27 AM -----

=09"Usman" <usm2001ng@yahoo.com>
=0905/15/2001 12:04 AM
=09=09=20
=09=09 To: "\"\"Mark.Taylor@enron.com\"\""=20
<"Mark.Taylor@enron.com"@mailman.enron.com>
=09=09 cc:=20
=09=09 Subject:=20

PLOT 962b BISHOP ABOYADE COLE
STREET. VICTORIA ISLAND.
LAGOS.

BUSINESS RELATIONSHIP

I am NURA USMAN, a management consultant in the Department of Petroleum=20
Resources (DPR), I am a member of the Tenders Board a Committee in charge o=
f=20
Contract Awards and Payment Approvals (C A P A). I got your contact during =
my=20
quest for a reliable and reputable person to handle a very confidential=20
transaction, which involves the transfer of a huge sum of money to a foreig=
n=20
account

There were series of contracts executed by a consortium of Multinationals i=
n=20
the oil industry in favor of the (DPR) among which were;

1) The expansion of Pipeline network within Nigeria for crude oil and
downstream products distribution and subsequent evacuation. - USD$2 Billion=
.
2) Contract for Turn around Maintenance (TAM) at the various Refineries in=
=20
the country.
3) The construction of Storage Tanks for Petroleum Product (Depots) =01)USD=
$94=20
Million.

The original value of these contracts were deliberately over invoiced to th=
e=20
tune of Thirty Six million, Five Hundred and sixty one thousand United Stat=
es=20
Dollars (USD$36,561,000.00) which has recently been approved and now ready =
to=20
be transferred. However the companies that actually executed the=20
aforementioned contract have been fully paid and the project officially=20
commissioned.

Consequently, my colleagues and I are willing to transfer the total amount =
to=20
your account for subsequent disbursement, since we as civil servants are=20
prohibited by the Code of Conduct Bureau (Civil Service Laws) from opening=
=20
and/ or operating foreign accounts in our names.

Needless to say, the trust reposed on you at this juncture is enormous. In=
=20
return, we have agreed amongst ourselves to offer you 20% of the transferre=
d=20
sum, while 10% shall be set aside for any incidental expenses during the=20
course of this transaction, you will then be mandated to revert the balance=
=20
70% to us in due course, or as will be advised in due course.
You must however NOTE that this transaction is subject to the following
terms and conditions; Our conviction of your transparent honesty and
diligence, that you must accord this transaction with utmost confidentialit=
y=20
and secrecy.

Modalities have been worked out at the highest levels of the Ministry of
Finance, Central Bank of Nigeria and the Presidential Task Force on Contrac=
t=20
Payment for the immediate remittance of the funds within 10 - 14 working da=
ys=20
subject to your satisfaction of the above stated terms. Our assurance is th=
at=20
the risk involved with your role shall be reduced to the barest minimal. To=
=20
accord this transaction the legality it deserves, and for mutual security o=
f=20
the funds, the whole approval procedures shall be legally processed with yo=
ur=20
name or any company you may nominate as the bona fide beneficiary of the=20
funds.

Once more, I want you to understand that having put in over 20 years of
meritorious service to my country, I am very much averse to having my image=
=20
and career dented. This matter should therefore be treated with utmost=20
secrecy and urgency. Kindly expedite action as we are well behind
schedule to enable us

Michael Hicks, Nelly Carpenter
Mark Taylor


Message-ID: <10865052.1075858468356.JavaMail.evans@thyme>
Date: Fri, 13 Apr 2001 19:00:00 -0700 (PDT)
From: vince.kaminski@enron.com
To: vkaminski@aol.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Vince J Kaminski
X-To: vkaminski <vkaminski@aol.com>
X-cc:
X-bcc:
X-Folder: \Vince_Kaminski_Jun2001_10\Sent Items
X-Origin: Kaminski-V
X-FileName: vkamins.pst

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/13/2001 10:00 PM ---------------------------
   ENA Public Relations
From:	ENA Public Relations@ENRON on 04/13/2001 12:04 AM CDT
Sent by:	Enron Announcements@ENRON
To:	All_ENA_EGM_EIM
cc:
Subject:	EnTouch Newsletter

BUSINESS HIGHLIGHTS

Enron Freight Markets
Enron Freight Markets (EFM) launched its over-the-road trucking business this week.  In addition, EFM completed 199 intermodal transactions in the first week of April.

ENA West Power
ENA West Power recently closed the sale of two power projects.  The 750MW Pastoria Energy Facility in Kern County, California was sold to Calpine and the 240MW Fountain Valley Power project in Colorado was sold to Black Hills Energy Capital.  Given the power shortage in the West, ENA is developing additional power generation in Nevada, California and Washington.

Enron Industrial Markets
The newsprint group of EIM is working to revolutionize the newsprint market and bring financial rigor and market efficiencies to a business that has remained relatively unchanged for more than a century. The global newsprint market is a 23 billion dollar a year business with the North American market comprising one third.  The group's originators, mid-marketers, and financial and physical traders offer our customers numerous financial and physical products not previously available in the market.

EIM has made a substantial commitment to this business with the purchase of Garden State Paper company last year and the recent purchase of Daishowa Paper in Quebec City. The number of transactions has grown exponentially with the physical trading alone reaching a nominal trading volume of more than $10,000,000 per month in little more than four months since opening.  In addition to physical spot transactions, the desk offers our counterparties log-term fixed priced transactions, indexed based pricing, forward contracts, swaps, and derivative products.

Forest Products
Forestweb Inc., an Internet-based generator, aggregator and integrator of knowledge and information for the forest products industry, announced a new window to industry financial and risk management tools available from Clickpaper.com. Clickpaper allows the industry direct access to transactable prices for both physical and financial products, in an electronic format.

Paperloop.com, one of the leading online resources for the forest products industry, announced the addition of Clickpaper.com in their emarketplace, which showcases various e-commerce companies and highlights their services. Paperloop provides Clickpaper.com exposure to its 250,000+ monthly users in the pulp, paper and converting industries.

IN THE NEWS

Ken Lay was the cover story for the April 2001 issue of Continental Magazine.  He had positive things to say about his employees.

"Sitting in his 50th floor mahogany-paneled office overlooking his much-beloved downtown Houston, Lay, with a self-conscious smile, bows his head slightly as he's described as an innovative market maker.  'I really can't take any credit, he says. My employees are responsible for what Enron does.'  What he does best, the Missouri-born corporate icon says, is 'to create an atmosphere of empowerment and creativity and hire bright, innovative people who aren't afraid to take risks and try new things."

WELCOME
New Hires
EIM   - Craig Rickard, Lisa McClendon
ENA  - Ben Brasseaux, Stephen Swisher, Tamera Joyner, Vanessa Griffin, Kathleen Ashton

Weekly EnronOnline Statistics

Below are the latest f


Message-ID: <20940558.1075846199931.JavaMail.evans@thyme>
Date: Fri, 8 Dec 2000 06:43:00 -0800 (PST)
From: mark.schroeder@enron.com
To: steven.kean@enron.com
Subject: Re:
Cc: richard.shapiro@enron.com, elizabeth.linnell@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
Bcc: richard.shapiro@enron.com, elizabeth.linnell@enron.com
X-From: Mark Schroeder
X-To: Steven J Kean
X-cc: Richard Shapiro, Elizabeth Linnell
X-bcc:
X-Folder: \Steven_Kean_Dec2000_1\Notes Folders\All documents
X-Origin: KEAN-S
X-FileName: skean.nsf

The EU summary is okay for someone wishing to get a quick overview.  A few
errors, though.  Spanish pool is not mandatory.  If you own generation in the
country, you may bypass the pool.  Denmark has more than two generators, as
municipalities own a fair amount of generation.  Finally, the
anti-competitive arrangements in place as "transitional" in The Netherlands
are not touched upon at all.

Interesting omission of Poland from discussion of Central and Eastern Europe,
as it is the most progressive of the countries from the former Communist
sphere.
thanks for sending this along.   mcs

From: Steven J Kean@ENRON on 08/12/2000 08:18 CST
To: Mark Schroeder/LON/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Elizabeth
Linnell/NA/Enron@Enron
cc:

Subject:

----- Forwarded by Steven J Kean/NA/Enron on 12/08/2000 08:18 AM -----

	<Suzanne_Nimocks@mckinsey.com>
	12/07/2000 02:09 PM

		 To: <skean@enron.com>
		 cc:
		 Subject:

I thought that you (or some of your colleagues) might find the attached
update on country by country restructuring to be helpful.
----- Forwarded by Suzanne Nimocks/HOU/NorthAmerica/MCKINSEY on 12/07/2000
01:30 PM -----
       Memorandum

    TO:        Adam Lewis
       Alberto Marchi
       Andrew Hertneky
       Andy Steinhubl
       Angela Kuster
       Anjan Asthana
       Antonio Puron
       Antonio Volpin
       Arne Germeyer
       Arturo Vernon
       Ashutosh Shastri
       B. Venki Venkateshwara
       Barbara Fletcher
       Barbara House
       Ben Joyce
       Bernard Minkow
       Bob Edwards
       Bob Felton
       Boris Galonske
       Brian Schofield
       Brian Tulloh
       Buford Alexander
       Carlo Yu
       Carlos Torres
       Carol B White
       Carolyn Loos
       Cecilia Bergman
       Charlie Taylor
       Christoph Brombacher
       Christoph Grobbel
       Claude Genereux
       Corinne Aigroz
       Csilla Ilkei
       Dalila Villar
       Daniel Poller
       Eileen Burnett-Kant
       Enrique de Leyva
       Eric Bartels
       Eric Hanlon
       Eric Lamarre
       Francis Hodsoll
       Franco Magnani
       Francois Lepicard
       Frank-Detlef Drake
       Frank Weigand
       Gerald Klenner
       German Dominguez
       Gerrit van Geyn
       GIANCARLO GHISLANZONI
       Gjermund _ydvin
       Glenn Payne
       Helen Warwick
       Hugo Baquerizo
       Humayun Tai
       Ignacio Quesada
       Intam Rinawati Dewi
       Ivo Bozon
       Jaap Kalkman
       Jan Christer Tryggestad
       Jason Hicks
       Jason Rabbino
       Javier San Felix
       Jeff Walker
       Jessica Ciccone
       Jessica O'Connor-Petts
       Jim Ayala
       Jim Bowen
       Jim Humrichouse
       Jim O'Reilly
       Jim Robb
       Joan Westmoreland
       Joelle Gatineau
       Jon Zagrodzky
       Jonathan Woetzel
       Jorge Fergie
       Jose Federico Castillo
       Jose Maria del Aguila
       Jourik Migom
       Jud Morrison
       Judith Lezaun
       Judy Wade
       Karel Tutein Nolthenius
       Keith . Leslie
       Kelly Kienzle
       Ken Ostrowski
       Kristina Kalinova
       Jyoti Suri
       Lar Bradshaw
       Leonardo Senni
       Leonhard Birnbaum
       Les Silverman
       Linda Mansfield
       Lisa Schwallie
       Luca D'Agnese
       Luis Troyano
       Marcelino Susas
       Marina Ospina
       Mark Ellis
       Marko Schulz
       Marla Aizenshtat
       Matt R

2004 either to sell one business type or
              to set up a separate trust


Message-ID: <6177234.1075848045960.JavaMail.evans@thyme>
Date: Fri, 16 Mar 2001 03:51:00 -0800 (PST)
From: jeff.dasovich@enron.com
To: alan.comnes@enron.com, angela.schwarz@enron.com, beverly.aden@enron.com,
	bill.votaw@enron.com, brenda.barreda@enron.com,
	carol.moffett@enron.com, cathy.corbin@enron.com,
	chris.foster@enron.com, christina.liscano@enron.com,
	craig.sutter@enron.com, dan.leff@enron.com,
	debora.whitehead@enron.com, dennis.benevides@enron.com,
	don.black@enron.com, dorothy.youngblood@enron.com,
	douglas.huth@enron.com, edward.sacks@enron.com,
	eric.melvin@enron.com, erika.dupre@enron.com, evan.hughes@enron.com,
	fran.deltoro@enron.com, gayle.muench@enron.com,
	ginger.dernehl@enron.com, gordon.savage@enron.com,
	harold.buchanan@enron.com, harry.kingerski@enron.com,
	iris.waser@enron.com, james.steffes@enron.com, james.lewis@enron.com,
	james.wright@enron.com, jeff.messina@enron.com,
	jeremy.blachman@enron.com, jess.hewitt@enron.com,
	joe.hartsoe@enron.com, karen.denne@enron.com, kathy.bass@enron.com,
	kathy.dodgen@enron.com, ken.gustafson@enron.com,
	kevin.hughes@enron.com, leasa.lopez@enron.com,
	leticia.botello@enron.com, mark.muller@enron.com,
	marsha.suggs@enron.com, marty.sunde@enron.com,
	meredith.eggleston@enron.com, michael.etringer@enron.com,
	michael.mann@enron.com, michelle.cisneros@enron.com,
	mpalmer@enron.com, neil.bresnan@enron.com, neil.hong@enron.com,
	paul.kaufman@enron.com, paula.warren@enron.com,
	richard.zdunkewicz@enron.com, richard.leibert@enron.com,
	richard.shapiro@enron.com, rita.hennessy@enron.com,
	roger.yang@enron.com, rosalinda.tijerina@enron.com,
	sandra.mccubbin@enron.com, sarah.novosel@enron.com,
	scott.gahn@enron.com, scott.stoness@enron.com, sharon.dick@enron.com,
	skean@enron.com, tanya.leslie@enron.com, tasha.lair@enron.com,
	ted.murphy@enron.com, terri.greenlee@enron.com, tim.belden@enron.com,
	tony.spruiell@enron.com, vicki.sharp@enron.com,
	vladimir.gorny@enron.com, wanda.curry@enron.com,
	william.bradford@enron.com, kathryn.corbally@enron.com,
	jubran.whalan@enron.com, triley@enron.com, richard.sanders@enron.com,
	robert.williams@enron.com, greg.wolfe@enron.com,
	james.wright@enron.com, dirk.vanulden@enron.com,
	steve.walker@enron.com, jennifer.rudolph@enron.com,
	martin.wenzel@enron.com, douglas.condon@enron.com, wgang@enron.com,
	sgovenar@govadv.com, hgovenar@govadv.com, jklauber@llgm.com,
	mike.smith@enron.com, john.neslage@enron.com,
	janel.guerrero@enron.com, eric.letke@enron.com,
	richard.sanders@enron.com, gfergus@brobeck.com
Subject: State's Power Purchases Costlier Than Projected Tab is $6 million a
 day over Davis' requests
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
X-From: Jeff Dasovich
X-To: Alan Comnes, Angela Schwarz, Beverly Aden, Bill Votaw, Brenda Barreda, Carol Moffett, Cathy Corbin, Chris H Foster, Christina Liscano, Craig H Sutter, Dan Leff, Debora Whitehead, Dennis Benevides, Don Black, Dorothy Youngblood, Douglas Huth, Edward Sacks, Eric Melvin, Erika Dupre, Evan Hughes, Fran Deltoro, Gayle W Muench, Ginger Dernehl, Gordon Savage, Harold G Buchanan, Harry Kingerski, Iris Waser, James D Steffes, James W Lewis, James Wright, Jeff Messina, Jeremy Blachman, Jess Hewitt, Joe Hartsoe, Karen Denne, Kathy Bass, Kathy Dodgen, Ken Gustafson, Kevin Hughes, Leasa Lopez, Leticia Botello, Mark S Muller, Marsha Suggs, Marty Sunde, Meredith M Eggleston, Michael Etringer, Michael Mann, Michelle D Cisneros, mpalmer@enron.com, Neil Bresnan, Neil Hong, Paul Kaufman, Paula Warren, Richard L Zdunkewicz, Richard Leibert, Richard Shapiro, Rita Hennessy, Roger Yang, Rosalinda Tijerina, Sandra McCubbin, Sarah Novosel, Scott Gahn, Scott Stoness, Sharon Dick, skean@enron.com, Tanya Leslie, Tasha Lair, Ted Murphy, Terri Greenlee, Tim Belden, Tony Spruiell, Vicki Sharp, Vladimir Gorny, Wanda Curry, William S Bradford, Kathryn Corbally, Jubran Whalan, triley@enron.com, Richard B Sander

Alan Comnes, Angela Schwarz, Beverly Aden, Bill Votaw, Brenda Barreda, Carol Moffett, Cathy Corbin, Chris H Foster, Christina Liscano, Craig H Sutter, Dan Leff, Debora Whitehead, Dennis Benevides, Don Black, Dorothy Youngblood, Douglas Huth, Edward Sacks, Eric Melvin, Erika Dupre, Evan Hughes, Fran Deltoro, Gayle W Muench, Ginger Dernehl, Gordon Savage, Harold G Buchanan, Harry Kingerski, Iris Waser, James D Steffes, James W Lewis, James Wright, Jeff Messina, Jeremy Blachman, Jess Hewitt, Joe Hartsoe, Karen Denne, Kathy Bass, Kathy Dodgen, Ken Gustafson, Kevin Hughes, Leasa Lopez, Leticia Botello, Mark S Muller, Marsha Suggs, Marty Sunde, Meredith M Eggleston, Michael Etringer, Michael Mann, Michelle D Cisneros, mpalmer@enron.com, Neil Bresnan, Neil Hong, Paul Kaufman, Paula Warren, Richard L Zdunkewicz, Richard Leibert, Richard Shapiro, Rita Hennessy, Roger Yang, Rosalinda Tijerina, Sandra McCubbin, Sarah Novosel, Scott Gahn, Scott Stoness, Sharon Dick, skean@enron.com, Tanya Leslie, Tasha Lair, Ted Murphy, Terri Greenlee, Tim Belden, Tony Spruiell, Vicki Sharp, Vladimir Gorny, Wanda Curry, William S Bradford, Kathryn Corbally, Jubran Whalan, triley@enron.com, Richard B Sanders, Robert C Williams, Greg Wolfe, James Wright, Dirk vanUlden, Steve Walker, Jennifer Rudolph, Martin Wenzel, Douglas Condon, wgang@enron.com, Scott Govenar


Message-ID: <8294688.1075846785999.JavaMail.evans@thyme>
Date: Wed, 6 Dec 2000 23:38:00 -0800 (PST)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Susan_Scott_Dec2000_June2001_2\Notes Folders\Discussion threads
X-Origin: SCOTT-S
X-FileName: sscott5.nsf

BUSINESS HIGHLIGHTS

Weather Group

Let=01,s give a big round of applause to the Weather Team!  Environmental=
=20
Finance Magazine ranked the weather group #1 in Online Services and #1 Deal=
er=20
in the United States and Europe.  Gary Taylor, manager in weather trading,=
=20
comments, "The "Best Dealer" award reflects our counterparties' appreciatio=
n=20
for the significant effort we have made to drive the growth of our market b=
y=20
making two-sided markets where other companies are only willing to quote=20
either a bid or an offer.  This award also reflects the innovative nature o=
f=20
everyone on our desk, and their ability to price non-standard structures fo=
r=20
our customers.  It is truly a team award.  The "Best Online Dealer" award i=
s=20
simply another testament to the unparalleled success of EnronOnline.  By=20
providing tight, two-way markets online, we have provided two critical=20
elements to generate growth in our market: 1) an element of price discovery=
,=20
and 2) a quick and easy way to transact."

The Weather Risk Management group launched a new product this week:  Power=
=20
Demand swaps.  These contracts use power demand as an index and allow power=
=20
market participants (generators, btu distributors, marketers, etc...) to=20
mitigate volumetric exposures.  The first contract the desk offered is for=
=20
the PJM power pool.  On EnronOnline, weekly swaps are available and the des=
k=20
has placed option contracts on this index in the broker market.  Inquiries=
=20
regarding this product should be directed to Claudio Ribeiro (product=20
manager) x37313, Gary Taylor x31511, or Valter Stoiani x36906.

Competitive Analysis and Business Controls
eSource, Enron's premier corporate-wide research group, launched their new=
=20
intranet product, eSearch, on December 1, 2000.  eSource's team of=20
specialized researchers have created a web site to bring information and=20
research to every employee's desktop.  The eSearch web site offers many lin=
ks=20
to information resources, access to research databases, specialized searche=
s,=20
sites to purchase books, articles, and reports, and training.  Employees ca=
n=20
use the web site to conduct their own research or as a vehicle to submit=20
research requests.  eSource's researchers and industry specialists are=20
available to all Enron business units to provide timely and cost efficient=
=20
research, to work with individuals or groups to fulfill one time research=
=20
requests, or to design ongoing, customized monitoring projects or news=20
updates.

Enron Global Markets Fundamentals
EGM Fundamentals is quickly building a team of expert analysts and associat=
es=20
to work directly with traders and marketers.  The team is already busy=20
analyzing various commodities and market situations.  For example, an=20
initiative is underway to analyze current negative fractionation spreads in=
=20
the market resulting from rising natural gas prices.  Web sites to host thi=
s=20
analytical information are currently in development for all EGM commodities=
. =20
These sites will provide research and analysis, weather, publications, and=
=20
any other information that will assist in decision-making or identification=
=20
of potential commercial opportunities.  For questions or requests regarding=
=20
fundamental research, contact Jennifer Fraser at x34759.  For questions or=
=20
suggestions regarding the web sites, contact Heather Purcell at x54057.

Austin Energy
Austin Energy and Enron Sandhill, L.L.C

20
Elliott Katz worked on the GEM migration in Singapore last


Message-ID: <3490524.1075841530796.JavaMail.evans@thyme>
Date: Thu, 31 May 2001 22:25:39 -0700 (PDT)
From: 40enron@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: ENA Public Relations@ENRON <IMCEANOTES-ENA+20Public+20Relations+40ENRON@ENRON.com>
X-To: All_ENA_EGM_EIM@ENRON
X-cc:
X-bcc:
X-Folder: \ExMerge - Salisbury, Holden\Inbox
X-Origin: SALISBURY-H
X-FileName: holden salisbury 6-26-02.PST

BUSINESS HIGHLIGHTS

Enron Industrial Markets
The Transaction Development group (TD) is responsible for corporate development, transaction execution and portfolio management activities within EIM.  TD is responsible for asset and corporate acquisitions to support EIM's efforts in the Forest Products and Steel industries.  TD works with EIM's Forest Products and Steel Origination groups to structure and execute complex transactions for EIM's customers.  TD also manages EIM's equity investments, such as EIM's ownership position in Papier Masson, Ltee, a paper mill in Quebec, Canada.

TD is comprised of approximately 20 professionals with a wide range of backgrounds including investment banking, commercial banking, management consulting, law, project development, accounting and engineering.  In addition, the majority of the analysts and associates within EIM work in TD since it provides a strong base of deal experience for junior members of our organization.

Enron Freight Markets
Enron Freight Markets has continued to expand the transportation services offered to its customers and completed several flatbed truck moves outbound from Georgia this week.  There was a shortage of flatbed equipment supply in this market and EFM was able to obtain more than three times the normal margin on each move.

IN THE NEWS

"Enron's bilateral internet trading platform, EnronOnline, was launched in November 1999 and is the largest e-commerce site on the planet based on the value of its transactions.  As EPRM went to press, it had average daily trading volume of $3.5 billion, accounting for nearly 50% of the company's revenues from wholesale marketing activities." -- Energy Power Risk Management, May 2001

WELCOME
New Hires
EIM   - Cheryl Lindeman
ENA  - Chris Bystriansky, Paula Craft, Eugene Lee, Bhalachandra Mehendale, Sarah Wooddy

Transfers (to or within)
ENA - Grace Taylor, Steven Irvin, Dina Snow

NUGGETS & NOTES

Enron is hosting the Chicago Energy Risk Management Seminar at The Drake Hotel in Chicago on June 14, 2001.  Topics include: Power Outlook, Natural Gas Outlook, Hedging Strategies, Weather Risk Management and Pulp and Paper Risk Management. The RSVP deadline is June 8th so please contact Laura Pena as soon as possible at x 3-5376.  This is a great event for "new" as well as established customers.  There will be a cocktail reception immediately after the presentations.  Enron will also be hosting seminars in Atlanta, Houston, Denver and San Francisco.  Dates to be announced soon.

Travel tip of the week:
Flights reserved through Travel Agency in the Park provide you with $150,000 of flight insurance at no additional charge.

EnronOnline Statistics
Below are the latest figures for EnronOnline as of May 29, 2001.

*	Total Life to Date Transactions >  1,015,000
*	Life to Date Notional Value of Transactions > $610 billion

NEWS FROM THE GLOBAL FLASH

Enron arranges first gas pipeline import into Italy
Enron has continued its pioneering activities in the Continental gas market by arranging the first gas import into Italy.  The Italian team worked with the Continental Gas desk to arrange this strategically important agreement with Blugas SpA., the wholesale gas company formed by the municipalities of Cremona, Lodi, Mantova and Pavia in north-eastern Italy.  Enron has sourced 100,000 cubic metres per day of natural gas from northern Europe to transport to Italy, transiting it through Germany and Switzerland, despite fierce resistance from R

5 per cent stake in the project
1999 and is the largest


Message-ID: <24974890.1075856424267.JavaMail.evans@thyme>
Date: Fri, 20 Apr 2001 10:08:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Vincent_Kaminski_Jun2001_2\Notes Folders\Discussion threads
X-Origin: Kaminski-V
X-FileName: vkamins.nsf

BUSINESS HIGHLIGHTS

Enron Industrial Markets
Metal Bulletin - Iron and Steel Awards for 2000
Pushiest Entrant: Enron, the US commodity trading company, which promised i=
t=20
would revolutionize the steel business by offering futures in hot rolled co=
il=20
via its online market place.

The EIM Fundamentals Analysis group is excited to announce that Dave Allan=
=20
has joined as a Director, responsible for all Forest Products lines.  He=20
comes to EIM with 20 years of experience in the Forest Products industry, o=
f=20
which 14 were spent at Abitibi and 6 with Pulp and Paper Week.  Please join=
=20
us in welcoming Dave.

The Siebel Team (=01&The Force=018) continues to work towards program=20
implementation of its customer management system in early May, with trainin=
g=20
to begin at the end of April.  Stay tuned for updates.

Enron Global LNG
Enron Global LNG is positioning itself to be a creator and leader of a glob=
al=20
wholesale LNG market.  The rising prices of natural gas in the United State=
s=20
and concerns over future energy supplies have created a bullish outlook for=
=20
LNG in the U.S. and around the globe.   LNG has played a major role in=20
serving energy needs in many parts of the world, but its place in the U.S.=
=20
energy picture has been limited. An LNG market that spans the globe can=20
supply vast amounts of otherwise stranded gas to the world=01,s growing app=
etite=20
for cleaner burning fuels.   Enron Global LNG sees great opportunity for=20
Enron=01,s wholesale energy business model to help shape yet another energy=
=20
market.

IN THE NEWS

Enron Corp. Says First-Quarter Profit Rose 20 Percent=20
Houston, April 17 (Bloomberg) -- Enron Corp., the largest energy trader, sa=
id=20
first-quarter profit rose 20 percent as sales almost quadrupled. Profit fro=
m=20
operations rose to $406 million, or 47 cents, from $338 million, or 40 cent=
s,=20
in the year-earlier period.  Enron raised its 2001 profit forecast to $1.75=
=20
to $1.80 a share, from its January projection of $1.70 to $1.75.

First-quarter revenue surged to $50.1 billion from $13.1 billion as Enron=
=20
boosted the volume of power sold in North America by 90 percent. Enron had =
a=20
first-quarter gain of $19 million, or 2 cents a share, for an accounting=20
change, making net income $425 million, or 49 cents a share. There were no=
=20
charges or gains in the year-earlier period. =20

WELCOME
New Hires
EGM - Janelle Russell,=20
EIM   - David Allan, Sylvia Carter
ENA  - Sasha Divelbiss, Amy Quirsfeld, Judy Zhang, Annette Thompson, Kelly=
=20
Donlevy-Lee, Grant Patterson

Transfers (to or within)
ENA =01) William Abler, Magdalena Cruz, Barbara Taylor, James Reyes, Marvin=
=20
Carter, Angel Tamariz, Jesse Bryson
EIM =01) Cassandra Dutton, Christine Sullivan, Camille Gerard, Sherri Katho=
l,=20
Jennifer Watson
EGM =01) Steven Batchelder

LEGAL STUFF
The information contained in this newsletter is confidential and proprietar=
y=20
to Enron Corp. and its subsidiaries.  It is intended for internal use only=
=20
and should not be disclosed.


Message-ID: <508341.1075855477065.JavaMail.evans@thyme>
Date: Thu, 26 Oct 2000 16:00:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: AmeriFlash
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Frank_Ermis_Dec2000\Notes Folders\All documents
X-Origin: Ermis-F
X-FileName: fermis.nsf

NOTE FROM THE EDITORS
The AmeriFlash Newsletter would like to keep you informed on global wholesa=
le=20
news as well, so we have added business highlights from Enron's original=20
electronic newsletter, GlobalFlash, which was created by Enron Europe.

"What's on your Mind?"
If you have ideas or suggestions please forward them to Michelle Vitrella o=
r=20
Kathie Grabstald.=20

FINAL DAY FOR THE PULSE

Today is the final day to provide feedback through the annual employee surv=
ey=20
-- The Pulse.  As of Thursday morning, 56.5% of the ENA/EGM/EIM employees=
=20
have taken part in the survey, which is an improvement from last year's=20
participation rate of 49%.  However, we are behind the company average and=
=20
most of the other business units.  Please take a few minutes today to provi=
de=20
much needed and confidential comments regarding Enron and your work=20
environment.  The Pulse survey is located on the Enron intranet at=20
survey.enron.com.

If you like competition, here is how the ENA/EGM/EIM participation rate=20
stacks up against the other business units:

Enron Energy Services 96.88%
Enron Wind  89.96%
Enron India  89.47%
Net Works  77.78%
EE&CC   73.88%
NEPCO   64.37%
Enron South America 63.74%
Corporate Staff  63.52%
Company Average 61.10%
ENA/EGM/EIM  56.50%
Enron Broadband 55.89%
ETS (formerly GPG) 55.52%
Enron Europe  44.36%
APACHI  29.66%

Log on to survey.enron.com and make your opinions known.  =20

BUSINESS HIGHLIGHTS

OIL PRODUCTS
Congratulations to the US Oil Products Trading Team!  On October 4, 2000 th=
ey=20
successfully completed a deal with a volume of 2,400,000 barrels with a=20
Notional Value of $80,640,000.  This is the highest Notional Value associat=
ed=20
with an EOL trade.

Kudos again for another great deal. They have done another large=20
crack-spread, this time for 100,000 barrels per month for calendar 2001. Th=
is=20
trade notionally values out at over $40 million and is the second largest=
=20
transaction conducted to date on EOL.

STEEL
Steel Trading and Origination teams, headed by Greg Hermans and Tim=20
Battaglia, respectively, have already defined a Hot-Rolled coil financial=
=20
product.  The contract has been drafted and is currently being discussed wi=
th=20
customers.

Financial Hot Rolled Steel will be posted on EnronOnline, allowing the stee=
l=20
industry to hedge their price exposure for the first time in history. The=
=20
access to hedging products will help the steel industry manage technicaliti=
es=20
and smooth cash flow.  Over time, forward price curves with transparent=20
pricing should allow the steel industry to also benefit from improved acces=
s=20
to capital.

The next challenge will be to educate the steel industry about financial=20
swaps and derivatives as risk management tools.  The $300 billion steel=20
market should provide an excellent growth opportunity for Enron.

PRINCIPAL INVESTMENTS
FuelCell Energy, Inc. recently announced that it has entered into an allian=
ce=20
with ENA.  FuelCell Energy and Enron will work together to develop and mark=
et=20
FuelCell Energy's Direct FuelCellc (DFCc) products.  In connection with the=
=20
alliance, Enron has invested $5 million in the common stock of FuelCell=20
Energy.  Additionally, FuelCell Energy will issue warrants enabling Enron t=
o=20
purchase up to 1.3 million shares of FuelCell Energy common stock. =20

Fuel cell developer Dais-Analytic Corp. also announced an alliance with ENA=
. =20
As part of this alliance, Enron has made an equity investment in=2


Message-ID: <13171474.1075847433580.JavaMail.evans@thyme>
Date: Fri, 20 Apr 2001 10:08:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Tanya_Jones_June2001\Notes Folders\Notes inbox
X-Origin: JONES-T
X-FileName: tjones.nsf

BUSINESS HIGHLIGHTS

Enron Industrial Markets
Metal Bulletin - Iron and Steel Awards for 2000
Pushiest Entrant: Enron, the US commodity trading company, which promised i=
t=20
would revolutionize the steel business by offering futures in hot rolled co=
il=20
via its online market place.

The EIM Fundamentals Analysis group is excited to announce that Dave Allan=
=20
has joined as a Director, responsible for all Forest Products lines.  He=20
comes to EIM with 20 years of experience in the Forest Products industry, o=
f=20
which 14 were spent at Abitibi and 6 with Pulp and Paper Week.  Please join=
=20
us in welcoming Dave.

The Siebel Team (=01&The Force=018) continues to work towards program=20
implementation of its customer management system in early May, with trainin=
g=20
to begin at the end of April.  Stay tuned for updates.

Enron Global LNG
Enron Global LNG is positioning itself to be a creator and leader of a glob=
al=20
wholesale LNG market.  The rising prices of natural gas in the United State=
s=20
and concerns over future energy supplies have created a bullish outlook for=
=20
LNG in the U.S. and around the globe.   LNG has played a major role in=20
serving energy needs in many parts of the world, but its place in the U.S.=
=20
energy picture has been limited. An LNG market that spans the globe can=20
supply vast amounts of otherwise stranded gas to the world=01,s growing app=
etite=20
for cleaner burning fuels.   Enron Global LNG sees great opportunity for=20
Enron=01,s wholesale energy business model to help shape yet another energy=
=20
market.

IN THE NEWS

Enron Corp. Says First-Quarter Profit Rose 20 Percent=20
Houston, April 17 (Bloomberg) -- Enron Corp., the largest energy trader, sa=
id=20
first-quarter profit rose 20 percent as sales almost quadrupled. Profit fro=
m=20
operations rose to $406 million, or 47 cents, from $338 million, or 40 cent=
s,=20
in the year-earlier period.  Enron raised its 2001 profit forecast to $1.75=
=20
to $1.80 a share, from its January projection of $1.70 to $1.75.

First-quarter revenue surged to $50.1 billion from $13.1 billion as Enron=
=20
boosted the volume of power sold in North America by 90 percent. Enron had =
a=20
first-quarter gain of $19 million, or 2 cents a share, for an accounting=20
change, making net income $425 million, or 49 cents a share. There were no=
=20
charges or gains in the year-earlier period. =20

WELCOME
New Hires
EGM - Janelle Russell,=20
EIM   - David Allan, Sylvia Carter
ENA  - Sasha Divelbiss, Amy Quirsfeld, Judy Zhang, Annette Thompson, Kelly=
=20
Donlevy-Lee, Grant Patterson

Transfers (to or within)
ENA =01) William Abler, Magdalena Cruz, Barbara Taylor, James Reyes, Marvin=
=20
Carter, Angel Tamariz, Jesse Bryson
EIM =01) Cassandra Dutton, Christine Sullivan, Camille Gerard, Sherri Katho=
l,=20
Jennifer Watson
EGM =01) Steven Batchelder

LEGAL STUFF
The information contained in this newsletter is confidential and proprietar=
y=20
to Enron Corp. and its subsidiaries.  It is intended for internal use only=
=20
and should not be disclosed.


Message-ID: <26548461.1075863619590.JavaMail.evans@thyme>
Date: Thu, 29 Jun 2000 04:46:00 -0700 (PDT)
From: office.chairman@enron.com
To: esop.a.@enron.com
Subject: EnronOptions - Your Stock Option Program
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Office of the Chairman
X-To: ESOP All Enron N. A.
X-cc:
X-bcc:
X-Folder: \Gerald_Nemec_Dec2000_June2001_1\Notes Folders\Notes inbox
X-Origin: NEMEC-G
X-FileName: gnemec.nsf

It is amazing and yet not surprising how much Enron has accomplished in the=
=20
first six months of this year. You continue to make it happen.  We recogniz=
e=20
that you work hard every day to accomplish Enron=01,s business goals, and w=
e are=20
pleased that many of you have shared in the company=01,s financial success=
=20
through Enron stock options.=20

As you may know, the current employee stock option program (also known as t=
he=20
All Employee Stock Option Program or AESOP) began in 1994 and provided valu=
e=20
to participants through 2000.  Employees who have participated in this=20
program from its inception have realized a 1,119% increase in the value of=
=20
their stock options (assuming a stock price of $70) over the life of the=20
program.  =20

Enron stock options are a valuable part of your total compensation package=
=20
and a contributing factor to your performance and to Enron=01,s continued=
=20
success.  Therefore, the Enron Executive Committee and the Compensation and=
=20
Management Development Committee of the Enron Board of Directors have decid=
ed=20
to continue to offer stock options as a part of your compensation package.

On May 1, 2000, the Committee approved an employee stock option program for=
=20
calendar years 2001 - 2005 (EnronOptions =01) Your Stock Option Program).  =
It is=20
expected that EnronOptions =01) Your Stock Option Program will be granted,=
=20
effective on or about December 29, 2000, for those employees who are eligib=
le=20
on that date (please see note below).  The new program, which is subject to=
=20
final approval by Enron=01,s Board of Directors, is as follows:

? EnronOptions =01) Your Stock Option Program will give stock options to=20
eligible full-time and part-time regular employees in domestic and=20
international companies/locations.
? The grant of non-qualified stock options will equal 25% of annual base=20
salary (5% of annual base salary for each year of a 5-year period) on=20
December 29, 2000. (Salary calculation and value may vary in some=20
international locations.)
? The Board will grant the stock options on December 29, 2000.
? Eligible employees hired in subsequent years will receive a prorated gran=
t=20
of stock options.

Why commit your talent and energy to Enron?  EnronOptions =01) Your Stock O=
ption=20
Program, among other good reasons=01( that=01,s why.

In the coming weeks, you will be receiving more details about EnronOptions =
=01)=20
Your Stock Option Program.  To provide information and answer your question=
s,=20
we will introduce a special link on the Human Resources web-site, host=20
several eSpeak sessions and continue to communicate with you on a regular=
=20
basis.  In the meantime, if you have immediate questions, please contact yo=
ur=20
Human Resources representative.=20

Note: In addition to final approval by Enron=01,s Board of Directors, grant=
ing=20
of options will be subject to New York Stock Exchange and state and federal=
=20
regulatory requirements.  It is expected that EnronOptions =01) Your Stock=
=20
Option Program will be available to most Enron employees; however, some Enr=
on=20
companies=01, employees may not be eligible due to legal, accounting, tax, =
labor=20
or business issues.  As you know, Enron changes to meet the needs of the=20
marketplaces we serve.  Given that need to change, we will continue to refi=
ne=20
the eligibility for EnronOptions =01) Your Stock Option Program and will=20
communicate more details throughou

Office of the Chairman
ESOP All Enron N. A.


Message-ID: <2650086.1075840382250.JavaMail.evans@thyme>
Date: Mon, 14 Jan 2002 11:37:29 -0800 (PST)
From: risksolutions@standardandpoors.com
Subject: Record Corporate Defaults in 2001; Improvement seen by year's end
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Standard & Poor's Risk Solutions <RiskSolutions@standardandpoors.com>
X-To:
X-cc:
X-bcc:
X-Folder: \rbuy\Inbox
X-Origin: BUY-R
X-FileName: richard buy 1-30-02..pst

1)       Standard & Poor's has released first-glance year-end results for our Corporate Default study 2001.  Details are provided below.  Final default statistics for 2001, including a list of all defaulted companies, will be published in more detail at the beginning of next month.
2)       Standard & Poor's recap of sovereign credit performance in 2001 is now available on our website.  Go to www.risksolutions.standardandpoors.com <http://www.risksolutions.standardandpoors.com/> scroll down to click the gray box for research and then click the link for  "Sovereign default and transition research"

The number of annual corporate defaults has exceeded 200 for the first time ever, with 211 issuers defaulting on approximately US$115.4 billion of debt through Dec. 31, 2001, according to the latest figures compiled for Standard & Poor's annual default study. This dwarfs the previous record set only last year when 132 issuers defaulted on US$42.3 billion of debt in 2000.

Significantly, 3.99% of all issuers defaulted during 2001, which essentially equals the previous record of 4.01% reached in 1991, when the universe of issuers was much smaller, and far surpasses 2000's 2.56% global default rate.

8.57% of issuers that were speculative grade at the beginning of 2001 defaulted last year, compared to 5.68% in 2000, the highest speculative default rate since the record level of 10.87% set in 1991.

In a typical cycle defaults peak six months after an economic bottom.  Standard & Poor's believes the US economy will bottom in the first quarter of this year and then improve gradually.  We would expect to see continued high default rates, with defaults peaking at the beginning of the summer, when speculative grade default rates could reach 11%, and then trailing off at year end."

0.27% of issuers that were investment grade at the beginning of 2001 defaulted last year, which far surpasses 1991's 0.19% and 2000's 0.15%.  The record level of investment grade defaults, 0.28%, was set in 1982.  However, only 10.0% of issuers defaulting in 2001 were originally rated investment grade, well below the twenty-year average of 13.1%.  Defaults of issuers that were rated investment grade at that start of the year represented 5.06% of issuers defaulting during 2001, less than the twenty-year average of 5.24%.

The year began and ended with quarters marked by several very large defaults, Southern California Edison and Pacific Gas & Electric in the first quarter and the well-publicized default of Enron in the fourth.  In dollar terms, these three issues alone accounted for approximately 20% of all defaults in 2001.

Defaults in 2001 were concentrated in the telecom sector, which accounted for 18.5% of all defaults.  Although telecom defaults began to ease at the end of last year, with only 6 reported in the 4th quarter.  In 2002 we expect defaults to be more broad-based than they were in 2001 although we'll see some concentrated weakness in certain areas of consumer products and retail.

One hundred sixty-two defaults took place in the U.S., followed by Argentina with fifteen, Canada with nine, the U.K. with five, four in Australia, three in Poland and two in Mexico. One default each took place in Bermuda, Germany, Greece, Indonesia, Korea, the Netherlands, Norway, the Philippines, Russia, Thailand and Venezuela.

In Argentina 10 banks were classified as defaulting as a result of the government imposed limits on bank account withdrawals.  In 2002, the risk of additio


Message-ID: <26562104.1075845387932.JavaMail.evans@thyme>
Date: Fri, 8 Jun 2001 06:17:30 -0700 (PDT)
From: 40enron@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
X-From: ENA Public Relations@ENRON <IMCEANOTES-ENA+20Public+20Relations+40ENRON@ENRON.com>
X-To: All_ENA_EGM_EIM@ENRON <??SAll_ENA_EGM_EIM@ENRON>
X-cc:
X-bcc:
X-Folder: \Y'Barbo, Paul\Y'Barbo, Paul\Deleted Items
X-Origin: YBARBO-P
X-FileName: Y'Barbo, Paul.pst

BUSINESS HIGHLIGHTS

eSource
eSource, Enron's research group, has experienced an overwhelmingly positive response to the research training which it has hosted.  Participation and interest by Enron employees has exceeded expectations and many classes were quickly filled.  As a result, repeat classes have been offered and new sessions have been added to the program.  In addition to the Lexis-Nexis and Dow Jones classes, eSource has now begun hosting sessions on Piranha (financials and pricing information), Investext (analyst reports and market analysis), Global Access (financials and corporate activity), and Securities Data Corp. (M&A, debt).   eSource has also arranged long distance sessions using interactive web tools for Enron employees around the world.  Watch for e-mails announcing new training sessions, either in Houston or in a virtual desktop mode.

Since our launch in December, the eSearch website has received over 230,000 hits.  The site today offers Enron employees access to 34 electronic databases.  These databases offer the latest financial and business on-line research capabilities in a cost-effective manner.  In this era of information explosion, databases are constantly being reviewed to ensure that Enron's research needs are being met.  If you know of a professionally relevant database that might be added to eSearch, let us know.  Meanwhile, to further fulfill Enron's research needs, eSource is arranging for desktop access to good-old-fashioned libraries too.  Books from public and local university libraries can be located, borrowed and delivered to employees' desks.  This should be particularly helpful for those with more specialized or technical research needs.

We are also proud to report that at a recent local research conference, Enron's eSource was featured as an industry trailblazer for having invented itself into a combined virtual library and intranet-based research center capable of delivering a broad range of research products and services via the user's desktop.  Attendees from Reliant, Shell, Halliburton and ExxonMobil and others were duly impressed.

As for the future, watch for Version 2.0 of the eSearch website, http://esource.enron.com, scheduled to launch soon.  It will feature greater functionality and additional content.  Look for new features like "Industry Overviews" and links to information providers like Frost & Sullivan, Country Watch, and World Energy Markets.

IN THE NEWS

Chicago And Its Suburbs Pick Enron, ComEd For Power Deals
06/06/2001  Dow Jones Energy Service (Copyright (c) 2001, Dow Jones & Company, Inc.)
CHICAGO -(Dow Jones)-The City of Chicago and 47 suburban communities have decided to divide new deals for 400 megawatts of power between Enron Corp. (ENE) and local utility Commonwealth Edison Co., Chicago officials said Wednesday.
In the largest power purchase agreement in Illinois since the state choose to deregulate the industry in 1997, the local government groups will get 60% of their power from Enron and 40% from Exelon Corp.'s (EXC) ComEd. The municipalities use the power for public buildings and public transportation.
Chicago announced Monday that the group has picked ComEd to meet the renewable target by providing 80 megawatts of power created with landfill gas, wind and other sources. ComEd will also provide the coalition with another 80 megawatts of power generated with fossil fuel and nuclear plants, and Enron will provide the other 240 megawatts. The n