Intergen Completes Financing on 860-Megawatt Spalding Energy Facility in United Kingdom

UK - May 21, 2002 InterGen announced the financial close and funding of credit facilities for the Spalding Energy Facility, a 860-megawatt (MW) natural gas-fired, combined cycle power facility located near the town of Spalding, Lincolnshire. With an estimated cost of approximately UK£ 425 million (US$ 610 million), the Spalding project will be InterGen's third natural gas-fired electricity generating facility in the United Kingdom.