 bfpjv@c-zone.net
cc: Chris H Foster/Enron@EnronXGate 
Subject: Proposal for QF Contract Restructure

Milton,

I very much enjoyed talking with you today.  As we discussed, please find 
attached a general discussion outline for the QF restructuring proposal.  I 
hope this gives a fair assessment of the proposal but as usual words are 
always subject to interpretation so I would look forward to discussing these 
ideas in greater detail.   Although the landscape is currently a "mess" at 
best, I do believe it provides some unique opportunities to explore 
alternative solutions to the current  energy crisis.  As I indicated, Enron 
would be very interested in working with a QF or group of QFs to explore and 
develop an approach which the QFs can take to the utilities and potentially 
the PUC and bankruptcy courts.

Look forward to talking with you and Rich after you've had a chance to 
further consider the proposal.

Thanks again for your time.

Sincerely,
Mike Etringer
West Power Origination
503-464-3836 Anna:

I know that you have been negotiating with Cheryl Nelson about the new ECI 
account.  I am receiving urgent calls from ECI traders and hope you give me 
some answers since Cheryl is in a meeting.

Can we execute the ECI agreement today?  
Have we agreed on the assignment?
Does the assignment also provide for the transfer of the Master Securities 
Loan Agreement?
Regarding the new ENE guaranty, Cheryl has told me that this was already 
requested.  I'll check on the expedited delivery date.

Please call me when you receive this email.  Thanks very much for your 
attention to this matter.


Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com Welcome to eMail News Delivery, a service from Business Wire.
Here is your Industrial Information Resources Inc. news release.
If you have received this in error please send a message to:
eMailDelivery@businesswire.com

bfpjv@c-zone.net 
 cc: Chris H Foster / Enron@EnronXGate 
 Subject: Proposal for QF Contract Restructure 

 Milton, 

 I very much enjoyed speak with you today.   As we discourse, please find 
 attached a general discussion outline for the QF restructuring marriage proposal.   I 
 hope this gives a fair assessment of the marriage proposal but as common words are 
 always subject to interpretation so I would look fore to discussing these 
 ideas in big contingent.    Although the landscape is currently a " mess " at 
 good, I do believe it provides some alone opportunities to explore 
 alternative solution to the current   energy crisis.   As I indicated, Enron 
 would be very interested in working with a QF or group of QFs to research and 
 develop an approach path which the QFs can take to the utilities and potentially 
 the PUC and bankruptcy courts. 

 front forward to talking with you and Rich after you've had a chance to 
 further regard the marriage proposal. 

 Thanks again for your time. 

 Sincerely, 
 Mike Etringer 
 West Power Origination 
 503 - 464 - 3836 Anna: 

 I know that you have been negotiating with Cheryl Nelson about the new ECI 
 account.   I am receiving urgent call option from ECI trader and hope you give me 
 some answers since Cheryl is in a confluence. 

 Can we perform the ECI agreement today?  
 Have we agreed on the assignment? 
 Does the assignment besides provide for the transportation of the Master Securities 
 Loan Agreement? 
 Regarding the new ENE guaranty, Cheryl has tell me that this was already 
 requested.   I'll check on the expedited delivery date. 

 Please call me when you receive this email.   Thanks very much for your 
 attention to this matter. 


 Sara Shackleton 
 Enron North America Corp. 
 1400 Smith Street, EB 3801a 
 Houston, Texas   77002 
 713 - 853 - 5620 (phone) 
 713 - 646 - 3490 (facsimile) 
 sara.shackleton@enron.com Welcome to eMail News Delivery, a service from Business Wire. 
 Here is your Industrial Information Resources Inc. newsworthiness liberation. 
 If you have received this in error please send a message to: 
 eMailDelivery@businesswire.com
 bfojv@c-zone.net
cc: Chris H Forter/Enron@EnronXYqte 
Suuject: Pdoposal wor QF Contract Restructure

Mmltob,

I veey much enjoyed talkine with yol today.  Qs wt discussed, pleasx find 
abcaches a gznxral discussion outline fmr the QF restsuztbring proposal.  I 
hope this gives a sair asxedsment of the kropoxwl bhn cs usual words are 
always subjedt to iiterpretation sp I would look forward to fisckssing these 
ideas in greater detwul.   Althougf the landscape is curtently a "mess" at 
best, I do beliexe it provides wone ktique opporvunitivs to explore 
alternadive sokutions to the cucrenr  energy crisis.  As M indicated, Enron 
woold be verf nnterested in working wuth a QF mr gfiup of QHs fo expporx and 
develkp an approqch which the QFs csn nske to the ufilitiqs and potentially 
the PUC and bankruptcy cohrts.

Look forward to taljing with you and Ricj after yju've had a chance to 
further consider the proposan.

Thanir ayqin fue jour time.

Sincerely,
Mike Etringer
West Power Oridjnstpon
503-464-3836 Anna:

I know thct you have been nfgpjiating with Cferyl Uslaon about the new FCI 
accjunt.  I am rectivinb urgent calls from ECI traeers and hopv yoy give me 
some anscers since Ckeryl os in a meeting.

Can we executz the SCI agreemejt today?  
Fave we agreed ov tme dssignment?
Does the assignmqnt also 'rovibe for tfe ttansfer of the Madter Securities 
Loan Agrfemenj?
Regarging the nfw ENE guaranty, Cheryl has told me that this eav anready 
rzquestcd.  I'll check og the expediteb delivexy datd.

Please caml me wien you receyve this emain.  Thanks verb much fow yoyr 
artentiov to this mattet.


Sara Shabkjetob
Enron North Ameriga Cotp.
1400 Smith Street, EY 3801q
Houston, Texas  77002
713-853-5620 (pfonq)
713-646-3490 (vae)
sara.fvackleton@enrmn.coo Wdkcome to eMail Ncws Delovery, a service from Busjness Wire.
Here is uomr Industtial Infowmation Resoutces Inc. news relewse.
If yon have reseived this in error please sehd a messwge to:
eMailDelidery@nusigesswire.cok

bfpjv@c-zone.net cc: Chris H Foster/Enron@EnronXGate Subject: Proposal Contract Milton, I much enjoyed talking discussed, find attached a discussion outline for QF restructuring proposal. I hope this a fair assessment of the proposal but as usual words are always subject interpretation so I would look forward to discussing these ideas in greater detail. the is a at best, I do believe it provides some unique opportunities to explore alternative solutions to the energy crisis. As I indicated, Enron would be interested in working with QF or group of QFs explore develop an which QFs take to the and potentially the PUC and bankruptcy courts. Look forward to talking with you and Rich after you've a chance consider the Thanks for time. Sincerely, Mike Power Origination 503-464-3836 Anna: I know been negotiating with Cheryl Nelson about the new account. I receiving urgent calls from ECI traders hope you give me some answers since Cheryl in a meeting. Can we execute the ECI agreement today? Have we agreed on the the assignment also provide the transfer of Master Loan Regarding new ENE Cheryl has told me that this was already requested. I'll check the expedited delivery date. Please call me when you receive Thanks much for your to this matter. Sara Enron America Corp. 1400 Smith 3801a Texas 713-646-3490 sara.shackleton@enron.com to eMail News Delivery, service from Business Wire. Here your Industrial Information Resources have received this in error please send a to: eMailDelivery@businesswire.com
 bfpjv@c-zone.net
cc: Chris H FostEr/Enron@EnrOnXGaTe 
SUbjEcT: ProPosaL for QF Contract rEstrUcture

Milton,

I very much eNjoyeD tALkinG WiTh you Today.  As WE dISCusSeD, pLeaSe FInD 
attaCheD a generAl discussiOn oUtLine for the QF REsTructuring ProPosal.  I 
hope thIs gIves a fAiR asSEssmeNt oF the pRoposaL But as uSual words ArE 
Always SUbject tO INtErprEtation so I would loOK fORward to discussIng theSe 
IDeAS In gReaTer detail.   ALtHough THe landsCApE IS CurREntly a "mess" at 
bEst, I do belieVE it ProvidEs SomE Unique OpporTuNItiEs to explore 
AlteRnative soLutionS To the cuRRent  eneRgy criSis.  as I IndiCAtEd, enrOn 
WOulD Be VerY IntErested iN wOrKing wIth a qf OR GrouP of qFs tO explOre and 
develop An aPproACh wHich tHe QFs Can tAkE to thE utiliTies aNd Potentially 
the PuC anD bankruptCy cOuRts.

loOk forWArd to tAlkIng With you And Rich AFteR yOU'VE hAd a chance to 
further CoNSIdEr the proPosal.

THAnKs AGain for yOuR tiMe.

SiNCErely,
mike eTrInger
WesT Power oRiGiNation
503-464-3836 ANnA:

I know ThAt yOu hAve beEN negOtiatiNg with ChEryl NELson about the neW eCI 
account.  I am REcEIViNG urgEnt Calls from ECi traDErs aNd hoPE yOu gIVe me 
sOme anSwERs SInce Cheryl is in a meetInG.

Can we ExecuTe the ECI agreeMent today?  
HAVE We agreed On thE AsSIgnment?
Does the AssigNment also pROvide for The trAnsfer of The Master sECurities 
loaN AgReeMenT?
rEgArding the new Ene GuarAnTy, CheryL haS told me ThaT thIs wAs aLrEady 
requeSted.  I'll cHeCk On ThE exPeditED deliverY dAte.

plEasE call ME when yOu recEive ThIs EMaiL.  Thanks VErY MUch fOr YoUr 
atTenTiOn to tHis mATteR.


Sara ShAckleton
ENroN nortH AMeRica CorP.
1400 Smith Street, Eb 3801a
houston, TexAs  77002
713-853-5620 (PhoNe)
713-646-3490 (fax)
sARA.shackleTon@enron.com Welcome to eMaIL News DeLivEry, a sErviCe from BusIneSs Wire.
herE Is your industRial INfOrmATIon ReSOUrCes inC. news releaSE.
if yOu havE rEceiVed this In error please send a MEssAge to:
eMailDelIveRy@buSINeSswIRe.COm

 bfpjv@c-zone.net
cc: Chri s H Foster /Enro n@E nro nX Gate  
Su bject: Proposa l  for  QF Contract Restructu re

M il t on,Iverymuch en j oy e d  ta lk in g w it h  y ou to day .  As w e discusse d,pl ease find 
a t ta ched a gen era l discussion  ou tlinefo r t h e QFres truct uringp roposa l.  I 
ho pe this g i ves a f a i rasse ssment of the pro p os a l but as usual  words  a r ea lwa yssubject to  i nterp r etation so I wou l d look forwar d to discus s ing  these  ide a s in g reate rd eta il.   Altho ughthe lands cape i s  curren t ly a "m ess" a t bes t, I do  b eli ev e  it pr ovi d essome uni qu eoppor tuni t i e s  toexp lore  
alt ernative solu tio ns t o  th e cur rent ene rg y cri sis. As Iin dicated, Enron
wou ld be ver y i nt ere st ed in workin g w ith  a QF o r group ofQF s t oexplore and 
devel op a napproach  which th eQ Fs can t ak e t o th e utili ties an d potent iallyth ePUC and  b ankrup tc y c our ts.
L ookforwar d to tal kingw ith you and Ri c h after you'v e  h a d  a chan ceto 
further  con s ider  the pr opo s al.
Thank sa ga i n for your time.

S in cerely ,
Mik e Etringer
We st Power O r i g ination503- 4 64 - 3836 Anna:

Iknowthat you h a ve beennegot iating w ith Chery l Nelson a bou t t henew E CI  
account.  I a m re ce iving u rge nt call s f rom  EC I t ra ders andhope you  g iv eme  
s ome a n swers si nc e C he ryl  is i n  a mee ting. 

Ca nwe exe cute th e  E C I  agr ee me nt t oda y?   
Ha ve w e  ag reed on  the assi gnm e nt?Do es  the as signment also  p rovide for  t hetransf e r  of theMaster Securities 
Loan Agreeme nt? 
Rega rdin g the new  EN E guar ant y , Cher yl has  told  m e t h a t thi s wa s a lr eady 
requ e s ted .  I' ll  che ck on t he expedited deliv e rydate.

Please  ca ll m e wh eny ou rec ei v e t h i s email.  Thank s very muc hf or  your 
att e nti on  to thi s matte r.

S ara Sha ckleton
E nron Nort hAmer i c a C orp.
1400Smith St reet, EB3 801aH ou ston,  Te xas  7 70 02713-8 53-562 0  (p hone) 
713-6 46 -3490(fax) 
s ara.shac kleton@enron.com Welcom e to e MailNew s Deliver y,a  se rvice fro m Bu siness Wir e.Her e isyou r  Indu stri a lInf o rmati on R e sources I n c.  ne w s  r elease.
Ify o u  ha ve re cei v ed thi s in  error please sen d  a message to: 
eMa i l Del ive r y@bu si nesswire.com

 bfpjv@c-zone.net
cc:_Chris H_Foster/Enron@EnronXGate 
Subject: Proposal for_QF Contract_Restructure

Milton,

I_very much_enjoyed_talking with you_today.  As_we discussed, please find_
attached a general_discussion_outline for the QF restructuring proposal.  I 
hope this gives a fair assessment_of_the proposal_but_as_usual words are 
always subject_to interpretation so I would_look forward_to discussing these 
ideas in greater detail. __Although the landscape_is currently a "mess" at 
best, I do believe_it provides some unique opportunities to_explore 
alternative solutions_to_the_current  energy crisis._ As I indicated, Enron 
would_be very interested in working with_a QF or group of QFs to_explore and 
develop an approach which_the QFs can take to_the utilities_and potentially 
the PUC and_bankruptcy courts.

Look forward_to talking_with you and_Rich after you've had a chance_to 
further consider_the proposal.

Thanks again for your time.

Sincerely,
Mike_Etringer
West_Power Origination
503-464-3836 Anna:

I_know_that_you have_been negotiating with_Cheryl_Nelson about_the_new ECI 
account.  I am_receiving_urgent calls from ECI traders and hope_you give me 
some_answers_since Cheryl is in_a meeting.

Can we execute the_ECI agreement today?  
Have we_agreed on_the assignment?
Does_the assignment also provide for the transfer of the Master Securities_
Loan Agreement?
Regarding the new ENE guaranty,_Cheryl has told me_that this_was_already 
requested. _I'll_check on_the expedited delivery date.

Please call me when_you receive_this email.  Thanks very much_for your 
attention to_this_matter.


Sara Shackleton
Enron North America Corp.
1400 Smith_Street, EB 3801a
Houston, Texas  77002
713-853-5620_(phone)
713-646-3490 (fax)
sara.shackleton@enron.com Welcome to eMail_News_Delivery,_a service from Business Wire.
Here_is your Industrial Information Resources Inc._news release.
If you_have received this in error please send_a_message to:
eMailDelivery@businesswire.com
