cogentrix louise spent hour however would pass would keep lot orig tech finance people employed order manage work pieces looks like fairly impressive private asset company appear good developers acquirers etc even say restructured 8 ppa presumably restructured ones make sense reduces restructuring proposition qf optionality goes like high variable cost qf operates baseload facility math works shut convert peaking ppa market low market high easy develop expansion problem assets appear low variable costs coal new gas restructuring play jump bearish development pvl 8 could look like good diversified low risk business superior regulated businesses international businesses think would real tough get returns 30 besides think someone pay half net mw new 7 fa capacity attractive calpine calpine wanabees actually cheap way ipp hit mw growth targets without blowing brains spot market someone pay us question form qf teams east west success east coast power success largely driven fact bought cheap innovatively restructure ppa brought innovative financing deal buying cheap east coast power formal auction negotiated deal dig like internal model would next step let know regards chris calger 503 464 3735