Subject: sale of copel shares
fyi .
enron principal investments has completed the sale of enron ' s ownership in copel . total proceeds for the last 5 months from this sale is over $ 95 million in cash . steven sheldon managed this process .
in the last 5 months , epi has sold or otherwise disposed of 20 investments , with total proceeds to enron of over $ 250 million in cash .
we intend to sell another 5 - 10 by year end , generating an additional $ 50 million to $ 100 million in cash .
the team is very focused on selling of the portfolio , creating cash and minimizing losses .
kevin garland