$2.8 million.






Herman Manis
12/11/2000 10:53 AM
To: Kay Mann/Corp/Enron@Enron
cc:  

Subject: Re: ENA / Coral Turbine Transaction  

What is the current gain estimate on this deal?



Kay Mann
12/11/2000 10:37 AM
To: Lisa Bills/Corp/Enron@ENRON, Herman Manis/Corp/Enron@ENRON, Roger 
Ondreko/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@ENRON, Matthew F 
Gockerman/HOU/ECT@ECT
cc: Ben Jacoby/HOU/ECT@ECT 
Subject: ENA / Coral Turbine Transaction

Hot of the press.  This should be very close to the last version.

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 10:36 
AM ---------------------------


"Campbell, Carolyn" <CCampbell@KSLAW.com> on 12/11/2000 09:53:03 AM
To: "'gkutzschbach@fulbright.com'" <gkutzschbach@fulbright.com>, 
"'areynaud@coral-energy.com'" <areynaud@coral-energy.com>, 
"'dwhaley@coral-energy.com'" <dwhaley@coral-energy.com>, 
"'TSeigler@coral-energy.com'" <TSeigler@coral-energy.com>
cc: "'Ben.F.Jacoby@enron.com'" <Ben.F.Jacoby@enron.com>, 
"'Kay.Mann@enron.com'" <Kay.Mann@enron.com>, "Keffer, John" 
<JKeffer@KSLAW.com> 

Subject: ENA / Coral Turbine Transaction


 <<2R6LRED.DOC>>  <<2RM3RED.DOC>>  <<2RLSRED.DOC>>  <<2R6KRED.DOC>>

We have enclosed the following documents for your review:

 1. Revised draft dated 12-11-2000 of the Letter Agreement for
CA Energy Development I, LLC, marked to reflect revisions from the draft
circulated by King & Spalding on 12-09-2000;

 2. Revised draft dated 12-11-2000 of the Letter Agreement for
CA Energy Development II, LLC, marked to reflect revisions from the draft
circulated by King & Spalding on 12-09-2000;

 3. Revised draft dated 12-11-2000 of the Letter Agreement for
CA Energy Development II, LLC pertaining to the transformer, marked to
reflect revisions from the draft circulated by King & Spalding on
12-09-2000; and

 4. Revised draft dated 12-11-2000 of the Liability Company
Agreement of CA Energy Development I, LLC, marked to reflect revisions from
the draft circulated by King & Spalding on 12-09-2000.

We still need confirmation of the name of the last director for the LLC and
the date for exercising the call/put option in Section 6.2 of the LLC
Agreement.  Please advise at your earliest convenience.  Thank you.

Carolyn M. Campbell
King &  Spalding
713-276-7307 (phone)
713-751-3280 (fax)
ccampbell@kslaw.com <mailto:ccampbell@kslaw.com>


Enclosures: 128541vR13/12
  129099v4/3
  129088v5/4
  128540v9/8





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 - 2R6LRED.DOC
 - 2RM3RED.DOC
 - 2RLSRED.DOC
 - 2R6KRED.DOC