InterGen Company Description
Independent power producer InterGen is an international generator of electricity with interests in 11 power plant projects and an equity share of 5,791 MW of generating capacity in Australia, Mexico, the Netherlands, the Philippines, and the UK. The company provides fuel procurement and project management, financing, and negotiation services. Its power is sold to utilities, energy marketers, and end-use customers. InterGen was a joint venture of Shell Oil and Bechtel, which sold their company stakes in 2005 to Highstar Capital (a part of AIG) and Ontario Teachers' Pension Plan for $1.75 billion. In 2008 GMR Infrastructure acquired Highstar Capital's 50% stake for $1.1 billion.
View the Comprehensive Company Description for InterGen
The Company Description provides a historical perspective of InterGen's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of InterGen's evolution in the marketplace.
