Intergen Awarded Rosarito Power Project

Boston, MA - June 19, 2000 InterGen announced today that Mexico's Comisión Federal de Electricidad (CFE) has awarded InterGen Aztec Energy X B.V., an affiliate of InterGen, a contract for the Rosarito power project. The natural gas-fired, combined cycle plant will be built with a capacity of approximately 750 megawatts, with 66% of the power contracted to CFE and the remaining power to be sold in the United States. The Build, Own, and Operate (BOO) facility will be located near the city of Mexicali in the state of Baja California Norte.CFE will sign a 25-year PPA with InterGen on July 14, 2000, and the project is scheduled to reach commercial operations in April of 2003. Fuel for the facility will come from the United States.

"We are very pleased with this award, as it marks a significant expansion of our Mexico operations base," said John Foster, InterGen Senior Vice President and Regional Executive. "As a modern natural gas facility, the Rosarito project will support the border region's economic expansion and provide clean electrical generation," Foster added.

InterGen is an international power generation firm. The company is operating or building a total of ten power stations representing 7,190 MW. It also has secured contracts, bid awards, or governmental mandates for power stations representing an additional 5,180 MW. InterGen has projects operating and under construction and/or mandate in the United Kingdom, the Philippines, Colombia, Mexico, China, Egypt, Brazil, Australia, and Turkey, and is developing projects across the globe. In Mexico, InterGen is an owner of the Samalayuca II power facility, a 550 MW natural gas-fired plant operating near Ciudad Juarez. InterGen is also an owner of the 600 MW Bajio facility under construction in Guanajuato and was a developer of the Mayakan Pipeline facility, now owned by TransCanada Pipelines Limited and PSG International. InterGen is a Shell-Bechtel venture.