Fluor Corporation (NYSE: FLR) announced today that it was awarded a
multi-year special projects supplement to their existing contract to
provide construction and other support services for Luminant’s
environmental retrofit program. Luminant is a subsidiary of Energy
Future Holdings Corp. The undisclosed contract value was booked in the
company’s third quarter.
Fluor will supply management, supervision and craft personnel to support
construction services and environmental retrofits to Luminant’s current
coal-fired power plant units. Fluor began providing ongoing maintenance
and modification services at four of Luminant’s power units in 1984 and
has since grown the relationship to cover all of the company’s fossil
power generating units and equipment repair center.
During this time, Fluor has successfully executed multiple major capital
projects including the recently completed Oak Grove Units 1 & 2 clean
coal project and the balance-of-plant construction for Luminant’s Sandow
5 Selective Catalytic Reduction project.
"Fluor is extremely well positioned to support our customers and
partners who must retrofit their generating fleets to comply with the
requirements of the cross-state air pollution rule (CSAPR) and the
electric generating unit maximum achievable control technology (EGU
MACT) standards,” said Dave Dunning, president of Fluor’s Power Group.
"Fluor’s scope extension of its ongoing maintenance and services
contract with Luminant fits our strategy to assist a valued partner with
their environmental compliance needs.”
"This new work is a natural outgrowth of Fluor’s more than 25 years of
providing Luminant with high value maintenance and construction services
throughout its power generation fleet in Texas,” said Rick Graves,
senior vice president of Fluor’s Power Group. "Assisting power clients
in providing clean energy to their customers is within our sweet spot,
and we are pleased that Luminant has placed its confidence in us to
deliver value-added solutions for this important environmental retrofit
program.”
Luminant is a competitive power generation business including mining,
wholesale marketing and trading, and development operations. With a
total of 15,400 megawatts of generation in Texas, 2,300 megawatts are
fueled by nuclear power and 8,000 megawatts fueled by coal. The company
is also the largest purchaser of wind-generated electricity in Texas and
fifth largest in the United States.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Through its global
network of offices on six continents, the company provides comprehensive
capabilities and world-class expertise in the fields of engineering,
procurement, construction, commissioning, operations, maintenance and
project management. Headquartered in Irving, Texas, Fluor is a FORTUNE
200 company and had revenue of $20.8 billion in 2010. For more
information, visit www.fluor.com.
