Bechtel And Método Form Joint Venture In Telecommunications Area

Bechtel And Método Form Joint Venture In Telecommunications Area

31 March 1998

Bechtel and Método Engenharia, a Brazilian construction company, have formed a joint venture to pursue opportunities in the growing Brazilian telecommunications market. The new company, Bechtel Método Telecommunications (BMT), will be based in São Paulo.

Intergen-led Consortium Wins São Paulo I And Ii Bid

Intergen-led Consortium Wins São Paulo I And Ii Bid

31 March 1998

EletroPaulo Metropolitana, the São Paulo-based electric utility, announced that an InterGen-led consortium has won the award to construct the nominal 900 MW combined-cycle São Paulo I and II project, formerly known as the Piratininga project, in São Paulo, Brazil. The winning consortium, named Onyx Generating Limitada, is composed of InterGen, Shell Generating Ltd., and Brazilian-based VBC Energia. Six international consortia originally submitted bids for Piratininga on December 22, 1997.

Cogentrix Energy Acquires Selected Domestic Energy Assets Of Bechtel Enterprises

Cogentrix Energy Acquires Selected Domestic Energy Assets Of Bechtel Enterprises

17 March 1998

Cogentrix Energy, Inc. has signed an agreement with Bechtel Enterprises, Inc. to acquire Bechtel's ownership interests in twelve electric generating facilities and one interstate natural gas pipeline in the United States. The acquisition of these facilities will provide Cogentrix with a net equity interest of 360 megawatts in a diverse generating portfolio that comprises over 2,424 megawatts in total plant capacity. The assets are located in New Jersey, New York, Pennsylvania, West Virginia, Massachusetts, and Florida. Nine of the generating facilities were developed, are managed, and are owned in part by U.S. Generating Company (USGen).