Re: Spark Spread Confirmation

FYI
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 10/12/99 09:55
AM ---------------------------

Barton Clark
10/12/99 09:13 AM
To: Sara Shackleton/HOU/ECT@ECT
cc: sean black
Subject: Re: Spark Spread Confirmation

Just note that the sub's full name is Catalytica Combustion Systems, Inc.
Regarding the sub's credit, we should have pretty good info since we are an
equity owner ( I think 30%) in CCSI. I understand CCSI has no revenues, that
its principal asset is the Xonon system patent, and that the proceeds of
Enron's investment in CCSI will be the source of the funds for the purchase
of the spark spread derivative.