BUSINESS HIGHLIGHTS  Enron Global Markets  In a combined effort, Global Risk Markets (GRM), a unit of Enron Global Markets, and Southeast Power Origination, part of Enron Americas, closed Enron's first Contingent Call Outage Option in the 1st quarter 2001.
The product was created to provide customers with a cost effective risk management tool to hedge against high commodity prices after experiencing an unplanned power generation outage.
The transaction was entered into with UtiliCorp United to manage its generation risk for summer 2001.
This risk is associated with a forced outage of their largest coal unit during peak summer demand.
The transaction, which was developed jointly with the Southeast Power group, highlights the benefits of cooperation between business units within Enron.
GRM is working with a number of business units to integrate this risk management product into other Enron businesses to enhance value to our customers.
For additional information on the product, please call David Hoog in the New York office at 212 702 3920.
IN THE NEWS  WORTH Magazine Names the Top 50 CEO's NEW YORK--(BUSINESS WIRE)--April 23, 2001--Fifty of the country's chief executive officers have been chosen by WORTH magazine as the top business leaders in the nation, it was announced by W. Randall Jones, CEO, Worth Media.

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BUSINESS HIGHLIGHTS <COMPANY> Global Markets In a combined effort, Global Risk Markets (GRM), a unit of <COMPANY> Global Markets, and Southeast Power Origination, part of <COMPANY> Americas, closed <COMPANY>'s first Contingent Call Outage Option in the 0st quarter <NUMBER>.
The product was created to provide customers with a cost effective risk management tool to hedge against high commodity prices after experiencing an unplanned power generation outage.
The transaction was entered into with UtiliCorp United to manage its generation risk for summer <NUMBER>.
This risk is associated with a forced outage of their largest coal unit during peak summer demand.
The transaction, which was developed jointly with the Southeast Power group, highlights the benefits of cooperation between business units within <COMPANY>.
GRM is working with a number of business units to integrate this risk management product into other <COMPANY> businesses to enhance value to our customers.
For additional information on the product, please call David Hoog in the New York office at <PHONE>.
IN THE NEWS WORTH Magazine Names the Top <NUMBER> CEO's NEW YORK--(BUSINESS WIRE)--April <NUMBER>, <NUMBER>--Fifty of the country's chief executive officers have been chosen by WORTH magazine as the top business leaders in the nation, it was announced by W. Randall Jones, CEO, Worth Media.
units integrate grm working number unplanned power generation forced largest coal magazine names highlights benefits outage transaction product created provide global risk markets