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National Energy & Gas Transmission, formerly PG&E National Energy Group, is looking to execute a quick-fire divestiture of its stakes in 12 qualifying facilities scattered across the U.S. and has pre-qualified only a small handful of suitors to bid for the assets. The decision to conduct a closed-door and low-key sale process has fanned the flames of speculation that Goldman Sachs, which is set to acquire a stake in most of the QFs through its pending $2.4 billion acquisition of Cogentrix (PFR, 10/27), is in the catbird seat to also land NEGT's interest. "It looks like a done deal," suggests one market watcher. Natalie Wymer, a spokeswoman at NEGT, and Doug Kimmelman, managing director at Goldman, did not return calls.