-----Original Message-----
From: Ingram, Kay
Sent: Wednesday, September 20, 2000 10:30 AM
To: 'sheila.tweed@enron.com'
Cc: Brownell, Stephen; Swanstrom, Bill
Subject: FROM BILL SWANSTROM--Project White Knight



As a follow-up to my earlier e-mail regarding Steve Brownell's experience
regarding municipalization strategies as a way to facilitate Enron's efforts
to be the energy manager for communities, I have attached a proposal
pursuant to which you can potentially use tax-exempt financing to
restructure power contracts.  Let me know if you or anyone else over there
are interested in talking about this further.  I think it's an interesting
idea.







Kay Ingram
Assistant to H. William Swanstrom
Locke Liddell & Sapp
(713) 226-1317
kingram@lockeliddell.com





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