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Reuters: Shell, Bechtel complete Intergen sale

Reuters: Shell, Bechtel complete Intergen sale


Friday 5 August 2005


AMSTERDAM (Reuters) – Oil group Royal Dutch Shell Plc and U.S. construction firm Bechtel said on Friday they had completed the sale of their InterGen power generation joint venture to a partnership between AIG Highstar Capital II L.P. and Ontario Teachers’ Pension Plan for $1.75 billion.

Shell also said in the statement that it had agreed to divest InterGen’s U.S. and remaining Turkish assets, although it had previously said they would be retained. and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

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