I'm going to try and catch Chris Dutton tomorrow morning.

Regards 




Richard A Lammers
12/20/2000 04:46 PM
Sent by: Richard A Lammers
To: Rob G Gay/NA/Enron@Enron, Peter E Weidler/NA/Enron@Enron
cc:  

Subject: Re: Conference call with Shell to Discuss Venture options if Furnas 
PPA is terminated

promise to send this to you earlier
---------------------- Forwarded by Richard A Lammers/SA/Enron on 12/20/2000 
07:46 PM ---------------------------


Jeremy Dawson
12/15/2000 08:41 PM
Sent by: Jeremy Dawson
To: Andreia Almeida/SA/Enron@Enron, Johannes.Walzebuck@si.com.br, Jose 
Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Novak/SA/Enron@Enron, 
Richard A Lammers/SA/Enron@Enron, Carlos.E.Mariano@shell.com.br, Laine A 
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Felipe Ospina/NA/Enron@ENRON, 
Gisele S Braz/SA/Enron@Enron, Andrea Marques/SA/Enron@Enron, Clarissa 
Sauer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter E Weidler/NA/Enron@Enron
cc:  
Subject: Re: Conference call with Shell to Discuss Venture options if Furnas 
PPA is terminated  

Plz see a summary of the actions items from today's conf call as well as the 
updated version of the decision tree incorporating todays discussions:

Base case will continue to be obtaining project financing and retaining the 
PPA w/ furnas.  However, all parties agree on strategy of acting to keep our 
options open and to this end we will continue to pursue the required steps to 
maintain the default claim against Furnas.  The language for the termination 
letter will be circulated next week and is due to be officially delivered to 
Furnas on the 21st of December.
Owners will be meeting in Cuiaba during the beginning of January to revisit 
PPA and budget strategy and to implement process of monitoring budget on a 
monthly basis.

Plz advise if there are any questions...

thanx,
Jeremy





Jeremy Dawson
12/14/2000 02:54 PM
Sent by: Jeremy Dawson
To: Andreia Almeida/SA/Enron@Enron
cc: Johannes.Walzebuck@si.com.br, Jose 
Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Novak/SA/Enron@Enron, 
Richard A Lammers/SA/Enron@Enron, Carlos.E.Mariano@shell.com.br, Laine A 
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Felipe Ospina/NA/Enron@ENRON, 
Gisele S Braz/SA/Enron@Enron, Andrea Marques/SA/Enron@Enron, Clarissa 
Sauer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter E Weidler/NA/Enron@Enron 

Subject: Re: Conference call with Shell to Discuss Venture options if Furnas 
PPA is terminated  

Team,

I have attached below the updated decision tree file which will be used in 
tomorrow's conference call.

Plz let me know if there are any questions.

Best Regards,
Jeremy