Subject: Re: Project Sun PDF
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Thu, 12 May 2011 16:33:26 -0400

Got it.   Lorenzo wants you and Devon to see if you know anyone at CALPERS so he can go meet with them on this when he is in California next week.   No real idea why he picked CALPERS except that they have a lot of money.  I said I'd check with you but I was pretty sure you didn't know anyone directly.  We are going to have a hard time raising money for this, FYI.

Also, he wanted us to think about Labor Pension Plans that would be interested.  I asked if this was being built with Union Jobs and he said it wasn't.   I told him that it wouldn't make sense to go to them with this if it wasn't labor jobs, but Lorenzo said if they get in now they get pipeline for future projects which could be built with Union labor.   Maybe I am wrong.  We could talk to Chafe tomorrow and verify.  

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

On May 12, 2011, at 4:27 PM, Hunter Biden wrote:

he said 15% minimum.

Rosemont Seneca Partners
R. Hunter Biden
1010 Wisconsin Av., NW
Suite 705
Washington, D.C. 20007
202-333-1880

On May 12, 2011, at 4:19 PM, Eric Schwerin wrote:

> This is now showing an IRR of 13.4%.  Is this something you could go to your MASDAR guy with now? Is the IRR high enough?
> 
> 
> 
> Eric D. Schwerin
> Rosemont Seneca Partners, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880
> [email-masked]
> P Consider the environment before printing this email.
> 
> Begin forwarded message:
> 
> From: Alessandro Zanelli <[email-masked]>
> Date: May 11, 2011 8:19:21 AM EDT
> To: 'Devon Archer' <[email-masked]>, 'Eric Schwerin' <[email-masked]>, Michael Muldoon <[email-masked]>
> Cc: Abel Navarro Homet <[email-masked]>, Pio Mortera Nales <[email-masked]>
> Subject: Project Sun PDF
> 
> Hello All,
>  
> Attached you will find the Project Sun Investment Overview in PDF form. Please let me know of any questions or concerns.
>  
> Thank you,
>  
> 
>  
>  
> Alessandro Zanelli
>  
> c/ Juan de Mena 19, 1º D
> 28014, Madrid, Spain
> Teléfono: +34 91 781 31 60  -  Fax: +34 91 429 56 20
> Móvil: +34 681 333 196
> e-mail: [email-masked]
>  
> <Project Sun Investment Overview (May 2011) v6.pdf>
>