Fluor to Provide Construction Services for Luminant’s Environmental Retrofit Program

Tuesday, November 1, 2011 7:47 am EDT

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022
"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."

IRVING, Texas--(BUSINESS WIRE)--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.

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Fluor Corporation
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Brian Mershon, 469-398-7621
or
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Ken Lockwood, 469-398-7220
Jason Landkamer, 469-398-7222

   

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