EXHIBIT 99.4



                                LETTER TO CLIENTS
                         REGARDING THE OFFER TO EXCHANGE
               $400,000,000 PRINCIPAL AMOUNT OF REGISTERED 7.416%
             SENIOR SECURED BONDS DUE DECEMBER 15, 2018 FOR ANY AND
           ALL OUTSTANDING UNREGISTERED $400,000,000 PRINCIPAL AMOUNT
              OF 7.416% SENIOR SECURED BONDS DUE DECEMBER 15, 2018
                                       OF
                               CE GENERATION, LLC

To Our Clients:

         We are enclosing herewith a Prospectus, dated January 27, 2000, of CE
Generation, LLC (the "Registrant") and a related Letter of Transmittal (which
together constitute the "Exchange Offer") relating to the offer by the
Registrant to exchange $1000 principal amount of their 7.416% Senior Secured
Bonds Due December 15, 2018 (the "New Securities"), pursuant to an offering
registered under the Securities Act of 1933, as amended (the "Securities Act"),
for each $1000 principal amount of their outstanding 7.416% Senior Secured Bonds
Due December 15, 2018 (the "Old Securities"), of which a total of $400,000,000
in aggregate principal amount was issued on March 2, 1999 and is outstanding as
of the date hereof, upon the terms and subject to the conditions set forth in
the Exchange Offer.

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PLEASE NOTE THAT THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY
TIME, ON March 6, 2000, UNLESS EXTENDED.
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         The Exchange Offer is not conditioned upon any minimum number of Old
Securities being tendered.

         We are the Registered Holder or DTC participant through which you hold
an interest in the Old Securities. A tender of such Old Securities can be made
only by us pursuant to your instructions. The Letter of Transmittal is furnished
to you for your information only and cannot be used by you to tender your
beneficial ownership of Old Securities held by us for your account.

         We request instructions as to whether you wish to tender any or all of
your Old Securities held by us for your account pursuant to the terms and
subject to the conditions of the Exchange Offer. We also request that you
confirm that we may on your behalf make the representations contained in the
Letter of Transmittal that are to be made with respect to you as beneficial
owner.

         Pursuant to the Letter of Transmittal, each holder of Old Securities
must make certain representations and warranties that are set forth in the
Letter of Transmittal and in the attached form that we have provided to you for
your instructions regarding what action we should take in the Exchange Offer
with respect to your interest in the Old Securities.