DALLAS--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that it was awarded a five-year renewal contract to continue supplying power-plant maintenance and capital project support services to multiple Luminant sites – one of the largest contracts in the U.S. electric utility industry. The contract value was not disclosed and was booked during second quarter 2007.
“We look forward to extending our long-term relationship with Luminant to provide sustaining operations, maintenance and shutdown services at several of its power plants,” said Kirk Grimes, Fluor Global Services group president. “By employing a centrally managed yet flexible execution model, we can leverage our expert resources and program integration technologies to collectively support Luminant’s individual plant needs and overall business objectives.”
Since 1984, Fluor has provided a range of systemwide operations and maintenance services that help Luminant and its power-generation business reliably meet the energy needs of its customers. Fluor’s Luminant workforce consists of more than 400 staff and craft personnel, peaking at up to 1,500 personnel during outages.
“We continue to be focused on excellence in execution of our services which start with high safety standards. One of our goals is to continue assisting Luminant in operating and maintaining their assets at peak performance levels,” said Rick Graves, Fluor Global Services senior vice president.
The services will be performed at 18 Luminant power generating stations in Texas with a capacity of approximately 16,000 megawatts, making this one of the largest maintenance contracts in the U.S. electric utility industry.
Luminant, a subsidiary of TXU Corp., is a competitive power generation business, including mining, wholesale marketing and trading, construction and development operations. Luminant has over 18,300 MW of generation in Texas, including 2,300 MW of nuclear and 5,800 MW of coal-fueled generation capacity. Luminant is also the largest purchaser of wind-generated electricity in Texas and fifth largest in the United States. TXU Corp. is a Dallas-based energy holding company that has a portfolio of competitive and regulated energy subsidiaries, primarily in Texas. Visit www.txucorp.com for more information about Luminant and TXU Corp.
Fluor Corporation (NYSE:FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $14.1 billion in 2006. For more information, visit www.fluor.com.
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Fluor Corporation, IrvingMedia RelationsKeith Stephens, 469-398-7624orSteve Roth, 469-398-7623orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222469-398-7277 fax