Fluor Corporation (NYSE: FLR) announced today that it will begin
construction of a 200-megawatt, coal-fired power plant in Nevada for
Newmont Mining Corporation. Value to Fluor for this work is $400 million.
Under terms of the contract, Fluor will perform engineering,
procurement, construction and commissioning services for the plant,
which will be located in Eureka County, Nev. Employees in Fluor's
Greenville, S.C., office began work on this project shortly after
receiving a limited notice to proceed from Newmont Mining near the end
of 2004.
"We're delighted to begin construction on this project," said Bob
Mickey, Fluor's senior vice president of Power. "We look forward to
providing low-cost, reliable electricity to Newmont's mining operations,
while remaining committed to the environment. The plant is designed to
exceed the EPA's new stringent standards for plant emissions."
The project is expected to achieve the commercial operation date, a key
event for the project, in 2008. When complete, the plant will use the
best emissions control technology currently available.
Fluor Corporation (NYSE: FLR) provides services on a global basis in the
fields of engineering, procurement, construction, operations,
maintenance and project management. Headquartered in Aliso Viejo,
California, Fluor is a FORTUNE 500 company with revenues of $13.2
billion in 2005. For more information, visit www.fluor.com.
Lisa Boyette/Leann Vandergrift
Media Relations
949.349.3652/7420
Ken Lockwood
Investor Relations
949.349.3815 tel
949.349.5375
fax
(FLRG)
Media Relations, Lisa Boyette, +1-949-349-3652, or LeannVandergrift, +1-949-349-7420, or Investor Relations, Ken Lockwood,+1-949-349-3815, or fax, +1-949-349-5375, all of Fluor Corporation//Web site: http://www.fluor.com /