EMAIL DETAILS

Seemed like Lorenzo was resigned to the same - and fine with it.


Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
eschwerin@rosemontseneca.com
P Consider the environment before printing this email.

On Aug 10, 2011, at 2:18 PM, Devon Archer wrote:

Nothing new. Let's push for cap one and be done with it. Alittle cash could help.

Devon Archer
646 436 3745

Please excuse typos as this message was sent from my handheld.

On Aug 10, 2011, at 10:35 AM, Eric Schwerin <eschwerin@rosemontseneca.com> wrote:

> Lorenzo did say that Iberdrola agreed to a 30 day delay but I got the sense that the likeliest outcome of this would be that Cap One does the whole deal and it is straight tax credit. He said that was Plan B, but reading between the lines it seemed the likeliest outcome. Devon, not sure if you heard anything differently. Would still be done through us so we'd make a little cash for brokering the deal but the 49% equity position seems less likely and given the markets the past week raising the equity may be harder (at least that is what Lorenzo said).
>
> Eric D. Schwerin
> eschwerin@rosemontseneca.com
>
> Sent from my iPhone