EX-99.1 3 a03-5719_1ex99d1.htm EX-99.1

Exhibit 99.1

 

Projected Sources of Cash Received

 

The following table is being provided to prospective lenders as an aid in understanding the cash flow of MEC International, B.V. Projected sources of cash include distributions, fees and other cash expected to be received by MEC International B.V. and available for distribution to Mission Energy Holdings International, Inc.

 

 

 

Sources of Cash
Outlook

 

Project

 

2003

 

2004

 

 

 

(in millions)

 

Contact Energy

 

$

16

 

$

18

 

Loy Yang B

 

39

 

12

 

Paiton / Adaro

 

20

 

10

 

Valley Power Peaker

 

8

 

1

 

CBK

 

 

8

 

Kwinana

 

4

 

5

 

First Hydro

 

16

 

34

 

ISAB

 

27

 

42

 

Tri Energy

 

4

 

 

Italian Wind

 

10

 

13

 

Doga

 

18

 

20

 

Spanish Hydro

 

 

 

Derwent

 

2

 

2

 

EcoElectrica

 

 

 

 

 

 

 

 

 

Project Totals

 

$

164

 

$

165

 

 

 

The above information is based on EME’s current expectations and projections about future events based upon its knowledge of facts as of the date of this report and its assumptions about future events. It is subject to various risks and uncertainties that may be outside EME’s control, including without limitation, the following:  changes in prices of wholesale electricity, natural gas, and other fuels and changes in other operating costs, and changing conditions in wholesale power markets; the operation of some of EME’s plants on a merchant basis without long-term contracts; actions by state, federal and foreign regulatory bodies; the effects of increased competition in energy-related businesses; risks of doing business in foreign countries, such as political changes and currency devaluations; and power plant operation risks.  Additional details and factors, including limitations on project distributions from certain of the above projects, are set forth in the most recent reports filed by Edison Mission Energy on Forms 10-K, 10-Q, and 8-K.