I just spoke with Kim and she updated me that her credit manager is very
satisfied with the creditworthiness of United Technologies (he thoroughly
reviewed the website and all available information).  He reports UT has an
A+ rating.  However, he can find no link to CalPeak Power, and could we
please provide that.  Kim would also like some additional specifics on the
mechanisms that are envisioned for credit support from UT to CalPeak.

Ann T. Donnelly, Ph.D.
Principal Consultant
Power Resource Managers, LLP
1610 C Street, Suite 102
Vancouver, WA 98663
Phone: 360/693-8484
Fax: 360/693-3487
e-mail: adonnelly@prmllp.com
Website: http:\\www.prmllp.com

-----Original Message-----
From: Charles Hinckley [mailto:cch@cchinckley.com]
Sent: Monday, April 02, 2001 12:08 PM
To: Kim.Ward@enron.com; adonnell@prmllp.com
Cc: Lyons, Mark
Subject: Re: CalPeak Power RFP - Shortlist


CalPeak Power, LLC is a project company and is now a wholly owned subisdiary
of Untited Technologies Corporation (NYSE: UTC).  UTC information is
available at www.utc.com, and from the commercial rating services.

It is not invisioned that CalPeak will benifit from an absolute gurantee
from UTC; however, some credit suport mechanism will be built into the
project and into the fuel supply agreements.

Chuck


----- Original Message -----
From: <Kim.Ward@enron.com>
To: <adonnell@prmllp.com>
Cc: <cch@cchinckley.com>
Sent: Monday, April 02, 2001 2:39 PM
Subject: Re: CalPeak Power RFP - Shortlist


>
> Ann,
>
> I just spoke with Jay Williams from our credit department and he only
needs
> CalPeak's latest audited financial statements with management notes.  Any
> additional information that helps us understand the company and how it is
> set up will be helpful.  Sending this information overnight will probobly
> be our best bet.  My address is as follows:
>
> 1400 Smith Street, EB3206a
> Houston, TX  77002
>
> Also, Jay's phone number is 713-345-3923.  Let me know if you have any
> questions.
>
> Thanks,
>
> Kim
>
>
>
>
>