20120622Letter re Collection of Damages.pdf

0""I HO 99POMR0 RE CE V E D An IDACORP Company
2U12 JUN 22 PM 14:00
DONOVAN E. WALKER
Lead Counsel [AHe :t••:
dwalker(idahopower.com 1TILTUES GjMS;O
June 22, 2012
VIA HAND DELIVERY
Jean D. Jewell, Secretary
Idaho Public Utilities Commission
472 West Washington Street
Boise, Idaho 83702
Re: Case No. IPC-E-10-44
Hidden Hollow Energy 2 LLC Firm Energy Sales Agreement - Collection
of Delay Liquidated Damages
Dear Ms. Jewell:
Please be advised that Idaho Power Company ("Idaho Power") has terminated
the Firm Energy Sales Agreement with Hidden Hollow Energy 2 LLC ("Hidden Hollow")
that was approved by the Idaho Public Utilities Commission ("Commission") in Final
Order No. 32180.
Enclosed please find Randy Allphin's letter dated June 22, 2012, informing
Hidden Hollow of Idaho Power's intent to collect Delay Liquidated Damages.
This letter and its enclosure, evidencing the collection of Delay Liquidated
Damages, are being sent to the Commission for inclusion as part of the Commission's
file and record.
Sin r
novan E. Walke
DEW:csb
Enclosure
cc: Kristine A. Sasser (w/encl.)
Rick Sterling (w/encl.)
1221 W. Idaho St. (83702)
P.O. Box 70
Boise, ID 83707
- IHO PNER®
R EC E IV F fl An IDACORP company
2012 JUN 22 PM 14:00
June 22, 2012
Hidden Hollow Energy 2 LLC
C/o Fortistar Methane Group LLC
Attn: David Wentworth
One North Lexington Avenue
White Plains, NY 10601
Original: Via Certified Mail, Return Receipt Requested
E-mail Copy: Lew Staley [e-mail]
Thomas Gesicki tgesicki®foristar.com
Re: Hidden Hollow Energy 2 LLC Firm Energy Sales Agreement
Unpaid Delay Liquidated Damages and subsequent collection of those damages
Dear Mr. Wentworth:
As specified in our letter to you dated June 14, 2012, Hidden Hollow Energy 2, LLC was required to
pay Delay Liquated Damages to Idaho Power in the amount of $144,000 no later than 5:00 PM, Mountain
Standard Time, June 21st, 2012.
As of the date of this letter Idaho Power has no record of receiving this payment, thus Idaho Power is
exercising it rights as specified in the Firm Energy Sales Agreement to draw this payment from the Delay
Security previously provided by the project.
If you have any additional questions, please feel free to contact me.
Sincerely,
/ (V ca~-
Randy C. Aliphin
Idaho Power Company
1
Cc: Donovan Walker (IPC0)
Jason Williams (IPCo)
Aubrae Sloan (IPC0)
Hidden Hollow Energy 2 LLC
C/o Fortistar Methane Group LLC
Attn: Thomas J. Gesicki
One North Lexington Avenue
White Plains, NY 10601