Thank you for your timely response.  I will call you in the morning per your 
voice mail.



	Russell Diamond/ENRON@enronXgate
	03/12/01 04:45 PM
		 
		 To: Deirdre McCaffrey/HOU/ECT@ECT
		 cc: Debra Perlingiere/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT
		 Subject: RE: WEPCO

Deirdre,

Given the credit quality of Wisconsin Electric Power Company (WEPCO) no 
credit terms will need to be placed in the GISB.  

Russell


 -----Original Message-----
From:  McCaffrey, Deirdre  
Sent: Monday, March 12, 2001 3:49 PM
To: Russell Diamond/HOU/ECT@ENRON
Cc: Perlingiere, Debra
Subject: WEPCO

Russell - 

We are trying to get a 5 month sale in place with WEPCO - and Stacy Dickson 
said it would be possible to do the sale under a GISB if credit provisions 
were attached under the special provision section.  

The deal we are interested in is a 5,000/day sale at ANR/Alliance with a 
price of Nymex plus $0.14.  They would like the right to fix Nymex at any 
time.  What credit terms would you require (material adverse change, letter 
of credit) would you guys need?

Thanks - 

Deirdre
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