
Date: Thu, 24 May 2001 19:57:00 -0700 (PDT)
From: thane.twiggs@enron.com
To: james.steffes@enron.com, richard.shapiro@enron.com
Subject: RE: ERCOT Board Meeting
Cc: jean.ryall@enron.com
Bcc: jean.ryall@enron.com

First of all, we did not have any advanced notice of the appeal to the ERCO=
T=20
Board.  Mark Walker from ERCOT called me regarding their application and to=
ld=20
me that it would probably be denied and at that point nobody, I doubt, knew=
=20
that TNPC would appeal.    The rules appear to be cut and dry.  Basically,=
=20
for them to have a full corporate membership Enron would have to own less=
=20
than 5% to avoid the common ownership criteria for EPMI.

I spoke to Marianne after the Board Meeting.  She felt uncomfortable when I=
=20
told her the I was upset because I did not know about the appeal and that t=
he=20
way that the appeal was handled at the board.  Short answer is that Mariann=
e=20
did not feel at liberty to tell us about the appeal for whatever reason.

It appears that we will be the only representation that TNPC will have for=
=20
their REP.  I will bridge the gap with Susan Burton in the Austin office to=
=20
try and help them with their issues.  One problem is that in her attempts t=
o=20
=01&show=018 that they are not controlled by ENRON, I sense a reluctance on=
her=20
part to be forth coming with their issues.  I have spoken to others at TNPC=
=20
that are willing to discuss issues and how we can support them.=20

