Fluor Corporation (NYSE: FLR) announced today that Centinela Solar
Energy, LLC, a member of LS Power Group, has awarded the company a
lump-sum engineering, procurement and construction (EPC) contract, as
well as a separate contract for ongoing operations and maintenance
services for its new nominal 170-megawatt solar photovoltaic (PV)
facility located in Southern California. Fluor has been awarded both the
125-megawatt Phase 1 and the 45-megawatt Phase 2 of the Centinela
project and received full notice-to-proceed for Phase 1 which was booked
into backlog in the third quarter of 2012. Phase 2 is expected to be
released in the first quarter of 2013.
“This significant new win for Fluor further solidifies our position as a
leader in the solar power engineering and construction industry,” said
Dave Dunning, president of Fluor’s Power Group. “We look forward to
expanding our solar resume and delivering our second solar PV project
for LS Power. Fluor’s decades of project management expertise and our
financial strength demonstrates our ability to bring a turnkey solution
to our clients for their utility-scale solar developments.”
The Centinela project is located on approximately 1,600 acres in
Imperial County, California, approximately 90 miles east of San Diego,
and has all major permits secured for the project. This project will
help meet the regional need for renewable energy and will be one of the
first major projects to tie into the newly constructed Sunrise Powerlink
Transmission Line. Centinela Solar Energy has closed financing for the
project and has 20-year power purchase agreements with San Diego Gas &
Electric for the entire power output from the facility, enough
electricity to power more than 60,000 homes.
“We are pleased to be working again with a world-class EPC firm like
Fluor for LS Power’s largest solar project to date,” said John King,
executive vice president of LS Power. “This project brings many benefits
to the State of California and Imperial County including construction
and operations jobs with local business opportunities and revenues.”
Engineering and procurement is under way from Fluor’s Southern
California operations center. The facility is expected to achieve full
commercial operation by approximately the middle of 2014.
LS Power is a power generation and transmission group with a proven
track record of successful development activities, operations management
and commercial execution. LS Power has been involved in the development,
construction, or operations of over 25,000 MW of power generation
throughout the United States.
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 RelationsKeith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222