Project Receives Regulatory Approval to Proceed
Fluor Corporation (NYSE: FLR) announced today that it received full
notice to proceed from Dominion Virginia Power (NYSE: D) to begin
construction on the company’s new 1,358-megawatt, natural gas-fueled
power station in Brunswick County, Virginia. This award follows the
limited notice to proceed contract that Dominion awarded
to Fluor in August 2012. Fluor booked approximately $800 million into
backlog during the third quarter of 2013.
“Fluor is pleased that the project has received the approval from the
Virginia State Corporation Commission to move forward with
construction,” said Matt McSorley, senior vice president and head of
Fluor’s Power business. “We look forward to continuing to provide
Dominion with our full suite of engineering, procurement and
construction services on this significant new power source in the
eastern United States.”
Fluor began providing engineering and procurement services on the plant
from its Charlotte, North Carolina office last year while Dominion
awaited regulatory approvals to begin construction. The project is
expected to staff approximately 600 craft workers at peak during the
construction phase.
On August 2, 2013, Dominion received approval from the Virginia State
Corporation Commission to move forward with construction. The new
combined cycle, natural gas-fired power station will meet increased
customer demand and replace electricity from older coal-fired generating
units that are being retired.
The Brunswick County Power Station is expected to begin providing
commercial service in the summer of 2016.
Over the past 10 years, Fluor has provided engineering, procurement,
construction and commissioning services for more than 34,000 megawatts
of gas-fired power facilities.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered
with its clients to design, build and maintain many of the world's most
challenging and complex capital projects. Through its global network of
offices on six continents, more than 41,000 employees provide
comprehensive capabilities and world-class expertise in the fields of
engineering, procurement, construction, commissioning, fabrication,
operations, maintenance and project management. Today, the company
serves a global client base in the energy, chemicals, government,
industrial, infrastructure, operations & maintenance, manufacturing &
life sciences, mining, power and transportation sectors. Headquartered
in Irving, Texas, Fluor ranks 110 on the FORTUNE 500 list and had
revenue of $27.6 billion in 2012. For more information, visit www.fluor.com
and follow us on Twitter at @FluorCorp.
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Fluor CorporationMedia RelationsKeith Stephens, 469-398-7624orBrian Mershon, 469-398-7621orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222