Fluor Corporation (NYSE: FLR) today announced it has been selected by
Nevada Power Company to complete construction of a partially built
1200-megawatt, natural gas-fired, combined-cycle power generation
facility in Clark County, Nevada. Fluor will provide engineering,
procurement, construction, commissioning and startup services for the
facility. The contract value to Fluor was not disclosed.
The facility is located in the Moapa Valley, 20 miles northeast of Las
Vegas, Nevada. Construction work on the facility had been deferred by
its previous owner, Duke Energy, in March 2003. Nevada Power acquired
the facility earlier this month. It is expected to be fully operational
by early 2006.
Fluor is moving quickly to re-establish the construction effort and
estimates an average work force at the site to be 400 people, with a
peak work force of 800. The facility is comprised of two power blocks,
the first of which is expected to go into operation in late 2005.
"Fluor is excited to have the opportunity to complete this project and
help Nevada Power achieve its long-term goals," said Bob Mickey, senior
vice president, Power, a unit within Fluor's Oil, Gas & Power group. "In
addition to the highly fuel-efficient design, a key feature and benefit
to the community is an air-cooled condenser unit, which significantly
minimizes water consumption of the facility, to a fraction of that used
by other facilities producing similar electric output."
Fluor has worked on more than 50 projects in Nevada in the last 14
years. These projects include work on power plant projects, gas
transmission lines, and other projects. Fluor also provided construction
management services for a major resort hotel and casino in Las Vegas.
Fluor provides services on a global basis in the fields of engineering,
procurement, construction, operations, maintenance and project
management. Headquartered in Aliso Viejo, Calif., Fluor is a FORTUNE 500
company with revenues of nearly $9 billion in 2003. For more
information, visit www.fluor.com.
For more information, please contact: Media Relations, Jerry Holloway,
+1-949-349-7411, or Leann Vandergrift, +1-949-349-7420, or Investor
Relations, Lila Churney, +1-949-349-3909, or fax, +1-949-349-5375, all
of Fluor Corporation.
Media Relations, Jerry Holloway, +1-949-349-7411, or LeannVandergrift, +1-949-349-7420, or Investor Relations, Lila Churney,+1-949-349-3909, or fax, +1-949-349-5375, all of Fluor Corporation//Web site: http://www.fluor.com /