New Gas-Fired Station to Replace Output from Existing Coal Units
Fluor Corporation (NYSE: FLR) announced today that it was awarded an
engineering, procurement, construction and commissioning (EPCC) contract
by Dominion Virginia Power (NYSE: D) to build its new Brunswick County
Power Station, a combined-cycle, natural gas-fired power station in
Brunswick County, Va. The project investment will exceed $1 billion.
Based on the limited notice-to-proceed, Fluor will book a portion of its
scope into backlog in the third quarter with the remainder to be booked
in 2013 once Dominion receives final permits and approvals.
“Fluor is excited that we’ve earned the opportunity to build upon our
track record with Dominion Virginia Power to provide clean, reliable,
low-cost energy to its Virginia customers,” said Dave Dunning, president
of Fluor’s Power Group. “Fluor recently completed Dominion’s Bear Garden
Station in Buckingham County, Virginia, also fueled by clean-burning
natural gas, and we look forward to delivering the Brunswick County
Power Station in the same successful manner.”
As a leader in the gas-fired EPC arena, Fluor has designed, procured,
constructed and commissioned more than 34,000 megawatts of gas-fired
power facilities over the past 10 years.
The new, approximately 1,300-megawatt Brunswick County Power Station is
expected to be completed by May of 2016 and will produce enough
electricity to power more than 325,000 homes. Fluor will design the
plant at its engineering office in Charlotte, N.C. It is expected that
about 700 craft workers will be onsite during the peak construction
period. The Brunswick County Power Station will be located on a 205-acre
site on U.S. Route 58 east of Lawrenceville, Va.
New power output from the Brunswick County facility will replace
electricity generated by existing coal units at two stations in eastern
Virginia that will be retired.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the
world's most challenging and complex projects. Founded in 1912, the
company was started by John Simon Fluor Sr. with a modest investment of
$100. Since those humble beginnings, the company has grown into one of
the largest engineering & construction companies in the world. Fluor is
celebrating its 100th anniversary during 2012.
Today, through its global network of offices on six continents, the
company provides comprehensive capabilities and world-class expertise in
engineering, procurement, construction, commissioning, operations,
maintenance and project management. Headquartered in Irving, Texas,
Fluor is a FORTUNE 200 company and had revenue of $23.4 billion in 2011.
For more information, visit www.fluor100.com
and www.fluor.com.
Fluor CorporationMedia Relations:Keith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor Relations:Ken Lockwood, 469-398-7220orJason Landkamer, 469-398-7222