See numbers in the back: $5 billion due and in default as of early March.


---------------------- Forwarded by Alan Comnes/PDX/ECT on 03/16/2001 11:16 
AM ---------------------------


"Steven Kelly" <steven@iepa.com> on 03/16/2001 10:40:18 AM
To: "'Alan Comnes'" <alan.comnes@enron.com>, "'Alex Makler (E-mail)'" 
<alexm@calpine.com>, "'Alex Sugaoka (E-mail)'" <alex.sugaoka@uaecorp.com>, 
"'Allen Jensen (E-mail)'" <al.jensen@nrgenergy.com>, "'Andy Gilford 
(E-mail)'" <agilford@wbcounsel.com>, "'Armen Arslanian (E-mail)'" 
<Armen.Arslanian@gecapital.com>, "'Bert Hunter'" 
<rjhunter@spectrumcapital.com>, "'Bill Adams (E-mail)'" <sangorgon@aol.com>, 
"'Bill Barnes (E-mail)'" <bill.barnes@lgeenergy.com>, "'Bill Carlson 
(E-mail)'" <william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'" 
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<rescalante@riobravo-gm.com>, "'Bob Gates (E-mail)'" <bob.gates@enron.com>, 
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"'Tandy McMannes (E-mail)'" <mcmannes@aol.com>, "'Ted Cortopassi (E-mail)'" 
<ted_cortopassi@ogden-energy.com>, "'Thomas Heller (E-mail)'" 
<hellertj@apci.com>, "'Thomas Swank'" <swank.thomas@epenergy.com>, "'Tom 
Hartman (E-mail)'" <tom_hartman@fpl.com>, "'Tony Wetzel (E-mail)'" 
<twetzel@thermoecotek.com>, "'Ward Scobee (E-mail)'" 
<wscobee@caithnessenergy.com>, "'Bob Judd (E-mail)'" <caltech@ns.net>, 
"'Brian T. Craggq'" <bcragg@gmssr.com>, "'J. Feldman'" <jfeldman@mofo.com>, 
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cc: "Carol Hudson (E-mail)" <carol@iepa.com>, "Jan Smutny-Jones (E-mail)" 
<smutny@iepa.com>, "Katie Kaplan (E-mail)" <kaplan@iepa.com>, "Steven Kelly 
(E-mail)" <steven@iepa.com> 

Subject: FW: A.00-11-038 et al COM. LYNCH RULING for 3/15/01


FYI.

-----Original Message-----
From: Diane Fellman [mailto:difellman@energy-law-group.com]
Sent: Friday, March 16, 2001 10:56 AM
To: Steven Kelly (E-mail)
Subject: FW: A.00-11-038 et al COM. LYNCH RULING for 3/15/01



> Here is Lynch's ruling from yesterday.  It contains the numbers for
> current payments owed to the QF's by PG&E and Edison.  The ruling states:
>
> Based on the attached updated financial information and the assumption
> that PG&E and Edison continue to be responsible for power purchases to
> cover their net short position (net of retained generation, Qualifying
> Facilities (QF) contracts, remaining bilateral contracts not in default,
> and ancillary services, as provided by Pub. Util. Code o 360.5),
> interested parties shall file and serve comments by March 19, 2001 on the
> need of PG&E and Edison for further financial relief on a going-forward
> basis.
>
>
>
>  -----Original Message-----
> From:  ALJ Temp1 [mailto:t93@cpuc.ca.gov]
> Sent: Thursday, March 15, 2001 1:55 PM
> To:
> Subject: A.00-11-038 et al COM. LYNCH RULING for 3/15/01
>
>  <<CPUC01-#92656-v1-A0011038_ET_AL__Lynch_Walwyn_Ruling_.doc>>
 - CPUC01-#92656-v1-A0011038_ET_AL__Lynch_Walwyn_Ruling_.doc