Green Mountain prudency has been approved by Lavo.
 
-----Original Message-----
From: Lavorato, John 
Sent: Tuesday, May 29, 2001 8:09 PM
To: Presto, Kevin M.
Subject: RE: LT Ercot Schedule C


fine

-----Original Message----- 
From: Presto, Kevin M. 
Sent: Tue 5/29/2001 12:56 PM 
To: Lavorato, John 
Cc: 
Subject: FW: LT Ercot Schedule C



I need approval for this ERCOT Schedule C.   The e-mail from Stacey outlines the details. 

Thanks. 

 -----Original Message----- 
From:   Gilbert-smith, Doug  
Sent:   Tuesday, May 29, 2001 11:18 AM 
To:     Presto, Kevin M. 
Subject:        FW: LT Ercot Schedule C 

Kevin, 

This is for the full requirements uncertainty associated with green mountain and includes a reserve against teh liabilitiy exposure for the QSE agreements.

Please let me know if you have any other questions, 

Doug 

 -----Original Message----- 
From:   White, Stacey  
Sent:   Friday, May 25, 2001 3:56 PM 
To:     Gilbert-smith, Doug 
Subject:        LT Ercot Schedule C 

Did you get this reserve cleared through Lavorato?  If you have not, can you do so immediately. 

Thanks, 
Stacey 
---------------------- Forwarded by Stacey W White/HOU/ECT on 05/25/2001 03:54 PM --------------------------- 

Untitled Attachment 
Andrea Dahlke@ENRON 
05/11/2001 01:59 PM 
To:     Chris Abel/HOU/ECT@ECT, Anita Luong/HOU/ECT@ECT 
cc:     Stacey W White/HOU/ECT@ECT, Casey Evans/Corp/Enron@Enron 
Subject:        LT Ercot Schedule C 

Chris and Anita- 

I created a Schedule C in LT-Ercot today for ($1,713,647) relating to the BP Energy/ Green Mountain transaction.  The reserve is broken out as follows:

Description                     Volume          Reserve         Amount 
Energy Reserve          (623,144)               $1.50                   ($934,717) 
Ancillary Reserve               (623,144)               $1.00                   ($623,144) 
QSE Reserve                     (623,144)               $0.25                   ($155,786) 
TOTAL                                                                   $1,713,647 


Power Structuring as provided the following amortization schedule for these reserves: 

Untitled Attachment 
Let me know if you have any questions. 

Andrea