---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 03/13/2000 
09:06 AM ---------------------------


John Llodra@ENRON
03/10/2000 03:53 PM
To: Elizabeth Sager/HOU/ECT@ECT
cc: Paul Racicot/HOU/ECT@ECT, Paul.Racicot@gte.net 
Subject: Draft Agreement with NHEC

Elizabeth:

Per Paul Racicot's voicemail to you, please find attached a draft power 
supply agrreement between Enron and New Hampshire Electric Coop.  (Reference 
to PSEG in the message body must have been inadvertant).  Tracy Ngo ran a 
credit check on them and found they have been running a deficit, but didn't 
see that as a problem since we are purchasing non-LD unit contingent power 
from them.

We need to have comments to them by noon Eastern, 11 Am Houston time.   
Thanks very much for your help, and I'll need to swing by and introduce 
myself next time I'm down in Houston.  I can be reached today, over the 
weekend, or Monday at the following numbers:

  Office:   978-449-9936
  Home:  978-448-9260
  If neither of these work, then:
  Cell:  978-314-5614
  Pager:  877-246-3206

Regards,
John

---------------------- Forwarded by John Llodra/Corp/Enron on 03/10/2000 
04:20 PM ---------------------------


"Wayne Frigard" <wfrigard@rubinrudman.com> on 03/10/2000 02:56:59 PM
To: <jllodra@enron.com>
cc: <kaminski@nhec.com>, <teichm@nhec.com>, <mayhews@plmnet.com>, "Kenneth 
Barna" <kbarna@rubinrudman.com> 

Subject: Draft Agreement with NHEC


Attached for your review and comment is a draft Power Supply Agreement 
between PSEG and NHEC.  This draft reflects Enron's most recent offer for the 
period July 2000 throughAugust 2000.  Please have your comments on this draft 
to me by noon on Monday, March 13.  Please plan to be available during the 
afternoon of March 13 for further discussions with NHEC.

If you have any questions, please call.

 - 8QHY01!.DOC