Subject: Re: Calpine Natural Gas Company Assignment to Calpine Energy Services, L.P.
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Thu, 11 Jan 2001 09:49:00 -0800 (PST)

Ed:  Please make sure that Susan knows the effective date of the assignment 
and that you are comfortable with having captured all outstanding trades as 
of that date.  Thanks.  Sara

Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
[email-masked]

	Edward Sacks@ENRON
	01/11/2001 04:27 PM
		 
		 To: Bob Bowen/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Sara 
Shackleton/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Tracy 
Ngo/PDX/ECT@ECT, Wendy Conwell/NA/Enron@ENRON
		 cc: 
		 Subject: Calpine Natural Gas Company Assignment to Calpine Energy Services, 
L.P.

We are currently in the process of preparing contracts to assign all of our 
financial transactions with Calpine Natural Gas Company to the ISDA with 
Calpine Energy Services, LP.  The following is a listing of the transactions 
by ID:

NT9757.1
NT3576.1
NT3576.2
NT9825.1
NH4646.1
NH8862.1
NT3576.1
NT3576.2
NT9757.1
NT9825.1

Bob is in the process of gathering deal date information and will provide 
this to Susan on Friday (tomorrow morning).  As I have mentioned to you, the 
results of this transfer will reduce our exposure by approximately $27MM.  
Comments or questions, please call.

Rgds,
Ed Sacks
x5-7712