Calpine Corporation And Bechtel Enterprises Announce Joint Venture To Develop  California Power Plan

Calpine Corporation And Bechtel Enterprises Announce Joint Venture To Develop California Power Plan

27 July 1998

San Jose, CA-based Calpine Corporation [NYSE:CPN], one of the nation's fastest growing independent power companies, and San Francisco-based Bechtel Enterprises, an affiliate of Bechtel Group, Inc., a premier global engineer-constructor, today announced a joint venture to develop, own, and operate approximately 2,000 megawatts of new natural gas-fired power plants in northern California, to primarily serve the San Francisco Bay Area. The proposed plants will provide low-cost, clean, efficient power, eventually replacing less efficient Bay Area power plants, ranging in age from 26 to more than 40 years.

Bechtel National Awarded $27 Million Contract To Eliminate Ballistic Missile Silos In Ukraine

Bechtel National Awarded $27 Million Contract To Eliminate Ballistic Missile Silos In Ukraine

23 July 1998

Bechtel National, Inc. (BNI) has been awarded a contract by the U.S. Defense Special Weapons Agency to destroy 46 former Soviet SS-24 Intercontinental Ballistic Missile (ICBM) launch silos and five launch control centers in Ukraine.The contract award is the latest in a series of BNI assignments linked to the ending of the Cold War. Under terms of the agreement, BNI will provide project management, integration, and construction management services to both the Weapons Agency and the Ukrainian Ministry of Defense's 43rd Rocket Army for a $27 million effort that will eliminate silo facilities that are located at Pervomaysk, about 320 kilometers (200 miles) south of the Ukrainian capital of Kyiv. The project is being carried out as part of the Cooperative Threat Reduction (CTR) agreements reached by the U.S. and Ukrainian governments under terms of the Strategic Arms Reduction Talks (START 1) Treaty.