Emissions Reduction Project to Produce Substantially Cleaner Energy
Fluor Corporation (NYSE: FLR) announced today that it was awarded an
early-phase engineering, procurement and construction (EPC) contract by
PNM to provide environmental services upgrades for four power units at
the San Juan Generating Station in New Mexico. Fluor will book the
undisclosed first phase value of this project into backlog in the fourth
quarter of 2012.
Fluor expects to begin the second phase in January 2013 with full
notice-to-proceed projected for mid-2013. Fluor will provide full EPC
services to design, build, install and commission new selective
catalytic reduction (SCR) equipment for each of the San Juan Generating
Station’s four units totaling 1,848 megawatts of capacity, which will
significantly reduce the nitrogen oxide (NOx) emissions. When the
environmental upgrades are completed, the equipment utilized will
provide one of the highest NOx removal efficiencies in the country and
will comply with the Environmental Protection Agency federal plan to
address regional haze at San Juan Generating Station.
“This first phase contract for a new SCR project has been the result of
a highly collaborative process with PNM,” said Dave Dunning, president
of Fluor’s Power Group. “Fluor is a leader in providing environmental
compliance services for power plants across the country with more than
39,000 megawatts of SCR upgrade projects completed. We will assist PNM
with creative, flexible solutions to bring cleaner power to its
customers.”
“We have been very impressed with Fluor’s professionalism and
flexibility as we have been engaged to bring this project to reality
over the past several months,” said Ron Talbot, senior vice president
and COO of PNM Resources, the parent company of PNM. “We appreciate
Fluor’s willingness to develop approaches that keep our compliance with
the federal regional haze rule on track while also giving PNM and the
other San Juan Generating Station owners the flexibility to aggressively
explore alternatives to the federal plan. Minimizing the cost impact to
customers while alternatives were explored is important, and Fluor has
helped us achieve that.”
The San Juan Generating Station is located in Waterflow, N.M., and is
expected to have more than 500 craft laborers at construction peak in
mid-2015. All units are expected to be online by mid-2017. Fluor’s
Greenville, S.C. office is expected to lead the project.
Fluor previously served as EPC contractor for the LUNA (partially-owned
by PNM) natural gas, combined cycle facility in Deming, N.M. that was
completed in 2006.
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