interest calpine reduced purchase price turbine contract pastoria overpriced 9 9 mm amount catalytica credit brief confusing history understand ena east west jointly owned catalytica equity account 1999 written based expectations ipo value 12 99 transferred west power catalytica entered agreement pastoria provide project zonon technology agreement included commitment ge research work order use catalytica technology ge turbines cost 9 9 mm added pastoria turbine contract feb 2000 arrived portland catalytica account transferred portfolio thought overvalued little synergies ena west power mid 2000 agreement restructured order clean catalytica could ipo time enron credited back 9 9 mm catalytica decided delainey amount split 2 3 pastoria 1 3 catalytica equity 2 3 going ena west power upon sale pastoria pastoria get full 9 9 mm back benefited somewhat favourable publicity interest savings time since funds transfer believe simply becomes internal income transfer merchant portfolio ena west power louise kitchen 03 22 2001 08 33 christopher f calger pdx ect ect cc subject interest happens pastoria deal catalytica credit go calpine using turbine purchases