Ownership and contractual relationships
InterGen
InterGen was formed in 1995 by subsidiaries of Bechtel Enterprises and Pacific Gas &
Electric (PG&E) to develop, own, and operate power projects outside the United States. In
1996, because of a change in business strategy, PG&E sold its interest to Bechtel. Bechtel
later sold an interest in InterGen to Shell Generating Company.
InterGen’s primary business is to develop power plants overseas. InterGen won the pro-
ject in a competitive bidding process. It is responsible for development, operation and financ-
ing of the project. In 1996 InterGen arranged for the financing of more greenfield power plants,
measured in total megawatts, than any other developer. Other InterGen-financed projects
include: in 1996, the 690 MW Samalayuca II plant in Mexico, the 725 MW Rocksavage plant
in the United Kingdom and the 440 MW Quezon plant in the Philippines; in 1997, Mayakan
in Mexico; and in 1998, Meizhou Wan in China and Coryton in the United Kingdom