InterGen
Corporate brand
UnclaimedInterGen is a private American power plant operator founded in 1995, now owned by China Huaneng Group and Guangdong Yudean Group.
Last updated September 26, 2026
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Overview
InterGen is a private American power plant operator headquartered in Burlington, Massachusetts. The company was established in 1995 when Bechtel and Pacific Gas and Electric (PG&E) acquired the J. Makowski Company. In 1997 Shell Trading acquired PG&E's stake, which triggered a strong growth phase. In 2005 InterGen was sold to the Ontario Teachers' Pension Plan and AIG Highstar. In 2008 AIG Highstar sold its 50% stake to the Indian GMR Group. In 2011 China Huaneng Group and Guangdong Yudean Group acquired GMR's stake. InterGen develops, owns and operates power generation assets, with a portfolio that has historically included gas-fired, coal-fired and renewable energy projects across the Americas, Europe, Asia and Australia.
History
InterGen was founded in 1995 when Bechtel and Pacific Gas and Electric (PG&E) acquired the J. Makowski Company. In 1997 Shell Trading acquired PG&E's stake, which triggered a strong growth phase. In 2005 InterGen was sold to the Ontario Teachers' Pension Plan and AIG Highstar. In 2008 AIG Highstar sold its 50% stake to the Indian GMR Group. In 2011 China Huaneng Group and Guangdong Yudean Group acquired GMR's stake. The company is headquartered in Burlington, Massachusetts, and operates power plants internationally.
- 2011
China Huaneng Group and Guangdong Yudean Group acquired GMR's stake.
- 2008
AIG Highstar sold its 50% stake to the Indian GMR Group.
- 2005
Sold to the Ontario Teachers' Pension Plan and AIG Highstar.
- 1997
Shell Trading acquired PG&E's stake, triggering a strong growth phase.
- 1995
Founded when Bechtel and Pacific Gas and Electric (PG&E) acquired the J. Makowski Company.
Products and positioning
Independent power producer (IPP) focused on developing, owning and operating power generation assets globally.
Product categories. Power generation · Gas-fired power plants · Coal-fired power plants · Renewable energy projects
Recent events
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