Exhibit I

                        SUMMARY OF PERTINENT INDEMNITIES







                                                                     Exhibit I

                        SUMMARY OF PERTINENT INDEMNITIES

Section 1. The Mobile Energy Cogeneration Development Agreement and its
Amendment No. 1 impose the following indemnity obligations:

         (1) To the extent that personnel of Mirant Services continued to assist
Mobile Energy with the development of the Cogen Project after August 11, 2000,
Mobile Energy agreed to indemnify Mirant Services against any liability incurred
by it arising out of or related to the provision of such services not due to the
gross negligence or willful misconduct of Mirant Services.

         (2) If Mobile Energy exercised its option to purchase the combustion
turbine and subsequently wished to sell the turbine to another party for
installation at a different location, then Mirant agreed that if it did not
consent to such sale, it would repurchase the turbine and indemnify Mobile
Energy for all costs it incurred or for any liability arising under the turbine
contact or the long term services agreement.

         (3) Mobile Energy indemnified Mirant, Mirant Services and Mirant
Services' affiliates against any costs incurred (i) performing development
services for the Cogen Project (other than costs under the turbine contract and
turbine long term services agreement), including any costs incurred in
connection with cancellation of contracts with third parties related to the
Cogen Project, and (ii) following the assignment of the combustion turbine by
Mirant to Mobile Energy, relating to the combustion turbine, turbine contract,
and turbine long term services agreement.

         (4) If Mobile Energy exercised its option to purchase the combustion
turbine, Mobile Energy agreed to indemnify Mirant from and against any costs or
liability arising from (i) the combustion turbine, the turbine contract, the
turbine long term service agreement, and the consent agreements establishing the
terms under which Mirant could assign the turbine contract and the long term
services agreement to Mobile Energy, and (ii) any third party contracts of
Mirant Services or its affiliates in connection with the Cogen Project and
listed on Schedule I to the amendment.

         (5) Each of Mobile Energy, Holdings, Mirant and Mirant Services agreed
to indemnify each of the others, its affiliates, and its and its affiliates'
officers, directors, agents, employees, and representatives against any costs,
damages or liabilities incurred by or assessed against the indemnified party due
to or resulting from personal injury, bodily injury, death or property damage
suffered by a third party arising out of the negligence or willful misconduct of
the indemnifying party, its affiliates or any of their officers, directors,
agents, employees, contractors, guests, or representatives.

         (6) Mobile Energy agreed to terminate the Operating Agreement between
it and Mirant Services under which Mirant Services operates Mobile Energy's
Energy Complex by no later than March 31, 2001, and to indemnify SERI against
any liability arising under any contracts entered into by Mirant Services, as
operator of the Energy Complex, with third parties.

         (7) Mirant and Mirant Services agreed to indemnify Mobile Energy and
Holdings against any liability, claims, or losses of employees of Mirant
Services arising out of Mirant Service's pension plans for unionized employees.

         (8) Mobile Energy agreed to pay up to $2 million to Mirant Services to
reimburse it for one half of the costs of a retention and severance plan for
Mirant Services' employees performing services at Mobile Energy's facilities,
and Mirant and Mirant Services agreed to indemnify Mobile Energy for any further
claims, losses or liabilities associated with such program once such amount has
been paid by Mobile Energy.

         (9) Mobile Energy agreed either (a) to obtain the release of Southern
from its obligations under (i) the mill owner maintenance reserve account
agreement, and (ii) its guaranty of Mobile Energy's obligations under Mobile
Energy's environmental indemnity agreements with each of the three mill owners
or (b) to indemnify Southern against any costs or liabilities Southern incurred
related to such obligations.

         (10) Mobile Energy and Holdings agreed to indemnify Southern for any
income taxes Southern or its affiliates has to pay on taxable income generated
by Mobile Energy or Holdings in any tax period after December 31, 1999 in which
Mobile Energy or Holdings is included in Southern's consolidated tax return in
excess of Southern's excess loss account related to its investment in Holdings
at the beginning of the tax period in which such taxable income is recognized,
provided that if an obligation of Southern to pay income tax on the amount of
its excess loss account is triggered, then Mobile Energy and Holdings will
indemnify Southern and its affiliates for any income taxes Southern or its
affiliates has to pay on taxable income of Mobile Energy or Holdings, except
where Southern pays such income taxes or is otherwise liable for such income
taxes under the Amendment.

         (11) Mirant agreed to cause Southern to indemnify Mobile Energy and
Holdings for any federal income taxes (up to the amount in Southern's excess
loss account) Mobile Energy or Holdings has to pay on taxable income recognized
by Mobile Energy or Holdings after the triggering of Southern's obligation to
pay income tax on the amount of its excess loss account with respect to
Southern's investment in Holdings, where such triggering occurs due to certain
actions taken by Southern or its affiliates and prior to the earlier of (i) a
deconsolidation of Mobile Energy and Holdings from the Southern consolidated tax
return, and (ii) July 31, 2001.

Section 2. The Operation and Maintenance Agreement (the "O&M Agreement") between
Mobile Energy and OEC, dated as of February 6, 2001, provides for the following
indemnity obligations (the O&M Agreement, although executed, will not be binding
on the parties until certain conditions are met, including the approval of the
O&M Agreement by the bankruptcy court having jurisdiction over Mobile Energy and
the approval of OEC as operator of Mobile Energy's Energy Complex by S.D. Warren
and KC):

         (1) OEC agreed to indemnify Mobile Energy, its employees,
subcontractors, operators and afiliates from all liability, damages costs and
expenses (including attorneys' fees) resulting from OEC's failure to advise all
Persons to whom access to the Site is granted of OEC's safety policies and
procedures and to implement reasonable measures to have such Persons adhere to
such policies and procedures.

         (2) OEC agreed to indemnify Mobile Energy for any damages (including
reasonable attorneys' fees) asserted against or incurred by Mobile Energy
resulting from a breach of OEC's obligation to not permit or suffer any liens or
encumbrances on the Facility or the Site arising from or in connection with the
performance of the Services, except for those liens resulting from Mobile
Energy's breach of its responsibilities under the O&M Agreement.

         (3) OEC agreed to indemnify Mobile Energy, its subsidiaries, financing
parties, affiliates, members and shareholders, and their respective directors,
officers, employees and agents (other than OEC, any subcontractor and their
respective agents or employees) (collectively, the "Mobile Energy Indemnified
Parties") against any and all claims for damages in respect of personal injury
to or death of third parties (including employees of Mobile Energy, OEC or any
subcontractor) and in respect of loss of or damage to any third party property
to the extent that the same arises out of (i) any breach by OEC of its
obligations under the O&M Agreement; (ii) any negligent act or omission on the
part of OEC, its subcontractors or their respective agents or employees; or
(iii) any willful misconduct or breach of statutory duty (including violation of
any applicable law) on the part of OEC, its subcontractors or their respective
agents or employees.

         (4) OEC is not be liable for, and Mobile Energy agreed to indemnify
OEC, its affiliates and their respective directors, officers and employees
against, any and all claims for damages in respect of personal injury to or
death of third parties (including employees of Mobile Energy, OEC or any
subcontractor) and in respect of loss of or damage to any third party property
to the extent that the same arises out of: (i) any breach by Mobile Energy of
its obligations under the O&M Agreement; (ii) any negligent act or omission on
the part of Mobile Energy, its contractors (other than OEC or any subcontractor
of OEC or consultant) or their respective agents or employees; or (iii) any
willful misconduct or breach of statutory duty (including violation of any
applicable law) on the part of Mobile Energy, its contractors (other than OEC or
any of its subcontractors) or their respective agents or employees.

         (5) OEC agreed to indemnify each Mobile Energy Indemnified Party from
and against any and all damages arising out of, resulting from or related to
claims associated with the presence, release, disposal, transportation or
remediation of any hazardous materials, to the extent such claim results from
the negligence, gross negligence, willful misconduct of OEC, its subcontractors
or their respective agents or employees or breach by OEC of any of its
obligations under the O&M Agreement.

         (6) Mobile Energy agreed to indemnify OEC, its subsidiaries and
affiliates and the directors, officers, agents, employees, successors and
assigns of each of them from and against any and all damages arising out of,
resulting from or related to claims associated with the presence, release,
disposal, transportation or remediation of any hazardous materials at, from or
associated with the Site, excluding any claims resulting from the negligence,
gross negligence, willful misconduct of OEC, its subcontractors or their
respective agents or employees or breach by OEC of any of its obligations under
the O&M Agreement.

         (7) If OEC employs or engages subcontractors, OEC waives on its and
their behalf any and all claims relative to the action or inaction of any of
them and their respective subcontractors and/or suppliers of any tier, it being
agreed that Operator shall not claim any excuse to performance on account of the
fault of any thereof, except to the extent such fault otherwise constitutes a
Force Majeure event. In any instance, OEC agreed to indemnify Mobile Energy from
any such claims, damages and the results thereof.

         (8) OEC is to transfer and assign all warranties and subcontracts to
Owner or the successor operator, provided that Mobile Energy has agreed to
indemnify OEC for all liabilities incurred by OEC under such contracts to the
extent that such liabilities are caused by Mobile Energy, the successor operator
or Mobile Energy's designee during the continuation and performance of such
contracts by Mobile Energy, the successor operator or Mobile Energy's designee,
as applicable.

Section 3. In connection with an assignment by Kimberly-Clark Tissue Company
("KCTC") to KCTC parent corporation, KC, and an assumption by KC, of all of KCTC
assets and liabilities relating to the Pulp Mill and Tissue Mill, Mobile Energy
entered into the following amended and restated environmental indemnity
agreements, which did not materially change Mobile Energy's indemnity
obligations as existed under the original environmental indemnity agreements
with KCTC, but merely replaced KCTC with KC as the other party under each of the
agreements:

         (1) Amended and Restated Pulp Mill Environmental Indemnity Agreement.
Cross indemnities are provided by KC, as Pulp Mill Owner, and Mobile Energy,
where each party indemnifies the other for environmental claims brought against
the other party and its affiliates by any third party and any and all
environmental expenses imposed upon or reasonably incurred by such other party
and its affiliates, in connection with (i) breaches of the party's
representations and warranties, covenants or other obligations in the party's
energy services agreement or master operating agreement, or (ii) without
limiting the foregoing, any environmental conditions that give rise to, or could
give rise to, environmental claims or other liabilities, or environmental
noncompliances located at or otherwise relating to the party's facility, to the
extent arising out of facts or circumstances that occur or come into existence
after the date of the agreement.

         (2) Amended and Restated Tissue Mill Environmental Indemnity Agreement.
Cross indemnities are provided by KC, as Tissue Mill Owner, and Mobile Energy,
where each party indemnifies the other for environmental claims brought against
the other party and its affiliates by any third party and any and all
environmental expenses imposed upon or reasonably incurred by such other party
and its affiliates, in connection with (i) breaches of the party's
representations and warranties, covenants or other obligations in the party's
energy services agreement or master operating agreement, or (ii) without
limiting the foregoing, any environmental conditions that give rise to, or could
give rise to, environmental claims or other liabilities, or environmental
noncompliances located at or otherwise relating to the party's facility, to the
extent arising out of facts or circumstances that occur or come into existence
after the date of the agreement.