Fluor Corporation (NYSE: FLR) signed a memorandum of understanding (MOU)
with China National Nuclear Corporation (CNNC) to cooperate on nuclear
and renewable energy opportunities in Europe and China. The MOU was
signed today in Beijing by Dave Dunning, Fluor executive vice president
of business development and strategy, and Qian Zhimin, president of CNNC.
Under the MOU, CNNC and Fluor will cooperate on a broad range of civil
nuclear-related opportunities in the U.K., Germany and China. The
arrangement also covers work in the renewable energy market including
wind farms and solar power projects.
“We are excited to cooperate with CNNC on potential nuclear and
renewable opportunities,” said Dave
Dunning. “Our clients will benefit from Fluor’s cost-effective, safe
and secure solutions that result from decades of experience on nuclear
decommissioning efforts and commercial nuclear new-build projects.”
“CNNC is the major investor in the nuclear power stations in operation
and under construction in China. It is also the main R&D organization of
nuclear technologies, the most important engineering and construction
contractor of nuclear power stations and supplier of nuclear fuel,” said
Mr. Qian. “CNNC will work with Fluor to explore the full range of
cooperation in Europe and China based upon the principles of mutual
benefits, win-win and complementary of each other's strengths.”
CNNC is a large Chinese state-owned enterprise with more than 100
secondary member units across 20 provinces, autonomous regions and
municipalities and employs 100,000 employees.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is a global engineering and construction
firm that designs and builds some of the world's most complex projects.
The company creates and delivers innovative solutions for its clients in
engineering, procurement, fabrication, construction, maintenance and
project management on a global basis. For more than a century, Fluor has
served clients in the energy, chemicals, government, industrial,
infrastructure, mining and power market sectors. Headquartered in
Irving, Texas, Fluor ranks 109 on the FORTUNE 500 list. With more than
40,000 employees worldwide, the company's revenue for 2013 was $27.4
billion. Visit Fluor at www.fluor.com
and follow on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orEric Krantz, 281-263-6030orInvestor RelationsKen Lockwood, 469-398-7220orJason Landkamer, 469-398-7222