Intergen Completes Financing on 1065-Megawatt LA Rosita Energy Facility in New Mexico

Intergen Completes Financing on 1065-Megawatt LA Rosita Energy Facility in New Mexico

26 April 2002

InterGen announced the financial close and funding of credit facilities for the La Rosita Energy, a 1065-megawatt (MW) natural gas-fired, combined cycle power facility located near the city of Mexicali, in the state of Baja California. With an estimated cost of approximately $748 million, the La Rosita project will be InterGen's third natural gas-fired electricity generating facility in Mexico. 

Bechtel Announces 2001 Results

Bechtel Announces 2001 Results

08 April 2002

Bechtel booked $9.3 billion in new work last year. Workoff revenue of $13.4 billion represented one of the highest levels in Bechtel's history.Though the company fell short of an ambitious 2001 financial plan, profitability held steady. It was a solid year for the company, and Bechtel's workload for 2002 also looks solid. Key factors include the continuing growth of Bechtel's telecommunications, government, and power businesses, and the company’s ability to maintain a presence in markets worldwide.