AIG has agreed to buy the put at financial close which will occur in the 3rd qtr.. I should say that the current origination is $1.9mm. By the way, our first CP,FERC approval, has already occured 1month earlier than expected.

 -----Original Message-----
From: 	Kitchen, Louise  
Sent:	Wednesday, June 20, 2001 1:05 PM
To:	Duran, W. David
Subject:	Re: FW: Origination Summary Year to Date June 15th

Why is Alamac put only realized next quarter


From:	W David Duran/ENRON@enronXgate on 06/20/2001 12:07 PM
To:	Louise Kitchen/HOU/ECT@ECT, John J Lavorato/ENRON@enronXgate
cc:	 

Subject:	FW: Origination Summary Year to Date June 15th

Attached is a summary of origination income YTD. It does not include the value of the Alamac put ($1.9mm) which will be realized in the third Qtr. or the $5.5mm for the ECP sale which was booked in Q1. As I mentioned this AM, I believe a conservative analysis of our current pipeline puts us at about $145mm for the year.

 -----Original Message-----
From: 	Helton, Susan  
Sent:	Tuesday, June 19, 2001 5:42 PM
To:	Duran, W. David
Subject:	Origination Summary Year to Date June 15th
Importance:	High

 << File: YTD Orig Analysis.xls >>