Newsroom

Chairman And Ceo Of Bechtel Group, Inc. Receives Honorary Fellow Status With National Engineering So

28 April 2001

 Riley P. Bechtel, chairman, CEO and a director of Bechtel Group, Inc., today was bestowed with an Honorary Fellowship from the American Society of Civil Engineers (ASCE). Presented at the second annual Outstanding Projects and Leaders (OPAL) award gala, the honor recognizes Bechtel for his dedication to excellence in engineering and construction. The Bechtel organization, which was founded more than 100 years ago, is one of the world’s leading engineering, construction, and project management firms.

Bechtel Moving Arizona Operation To Glendale

26 April 2001

Bechtel will relocate administrative operations from Phoenix to the Phoenix suburb of Glendale, the company said this week.The new office, at the Talavi Business Park, will employ some 300 people in accounting, human resources and computer systems operations. Over time, Bechtel expects to add up to 200 additional administrative employees in Glendale.

Changi Takes Stake In Alterra Partners

25 April 2001

At the Airports Council International annual Pacific Regional Assembly and Conference, Alterra Partners, LLC. announced that Singapore Changi Airport Enterprise Pte Ltd. (SCAE) has taken a 50% stake in their airport development and investment company. SCAE is a wholly owned subsidiary of the Civil Aviation Authority of Singapore, which is responsible for the development and operation of Singapore Changi Airport. Bechtel Enterprises Holdings, Inc, a global leader in the development, financing and ownership of infrastructure projects and companies, will retain the remaining ownership interest in Alterra.

Final Phase Of Channel Tunnel Rail Link Gets Green Light

09 April 2001

Construction is set to begin this summer on the final phase of the Channel Tunnel Rail Link, a high-speed line from London to the Channel Tunnel connecting southeast England and northern France.

CEC Announces Approval Of Intergen's Wildflower Project

04 April 2001

The California Energy Commission (CEC) today announced approval of InterGen's Wildflower Energy Project - two natural gas-fired generating plants that together will produce 225 megawatts of power for the California market by July of 2001. The 90-megawatt Larkspur Energy Facility will be located in the San Diego area and the 135-megawatt Indigo Energy Facility will be located in Palm Springs. InterGen is a venture of Bechtel and Shell.

Incepta Partners Invests In Telecom Asset Tracking Leader Fulcrum Technologies

03 April 2001

Fulcrum Technologies, the telecom industry leader in asset tracking and materials management software solutions, today announced that Incepta Partners, a venture fund sponsored by Bechtel Enterprises that focuses on telecommunications investments, has invested $4.5 million in the company.Fulcrum Technologies' phenomenal growth and specialization in the telecommunications market attracted Incepta Partners, which concentrates on telecom infrastructure companies. Despite the recent downturn in the high-tech market, Fulcrum Technologies continues to gain momentum and prosper because of its unique specialization in helping telecommunications companies manage network assets. Fulcrum's clients include Qwest, Verizon, Alltel, BellSouth Mobility (now Cingular), XM Radio and more than 20 other telecom service providers.