Privileged and Confidential 

As requested, attached are copies of selected correspondence prepared by 
Enron Canada to either the Alberta Government or the Power Pool of Alberta 
addressing various Alberta electricity restructuring issues that may directly 
or indirectly relate to Project Stanley.   Also attached are the speaking 
notes that I relied on during two panel discussions that I participated in at 
conferences on Alberta electricity restructuring earlier this year.   These 
speaking notes reflect the messages that Enron Canada has communicated in 
many different forums in Alberta on the PPAs and other electricity 
restructuring issues.    

I have organized the documents into groups as some of the documents may not 
be relevant to the work being undertaken by both GPC and Blake Cassels and 
therefore may only be of interest to just one of them.       

1) Speaking Notes Reflecting Comments Made by Rob Hemstock on Alberta 
Electricity Restructuring in March and April 2000

     



2) Concerns Regarding Design of Power Purchase Arrangements

   
       
     
       



3) Concerns Regarding Changes to Power Pool of Alberta Restatement Rules

 

4) Concerns Regarding Formal Implementation of Power Pool Price Cap

   

5) Concerns Regarding Power Pool of Alberta Disclosure of Identity of Bidders 
into Power Pool and Their Prices


  

Regards,

Rob