Pact

Calpine Corp. of San Jose, CA, and North Dartmouth-MA basedEnergy Management Inc. formed a new power marketing joint venture,Calpine/EMI Marketing, LLC, which will sell power and transmissioncapacity in New England from new generation facilities in theregion.

Western Gas Resources has joined the Fort Union Gas GatheringPartnership formed to deliver 450 MMcf/d or more of coal-bedmethane from the Powder River Basin by the end of next year.

The boards of directors of CalEnergy Co. Inc. and MidAmericanEnergy Holdings Co. announced yesterday that they have signed adefinitive merger agreement. Under the deal, Omaha, NE-basedCalEnergy has agreed to acquire neighboring MidAmerican Energy for$4 billion in a stock transaction.