Fluor Awarded Canadian Power Plant Project.St. Clair Energy Centre in Ontario Will Feature a 570-Megawatt Combined Cycle A combined cycle is characteristic of a power producing engine or plant that employs more than one thermodynamic cycle. Heat engines are only able to use a portion of the energy their fuel generates (usually less than 50%). The remaining heat from combustion is generally wasted. Power Plant IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to -- Fluor Corporation (NYSE NYSE See: New York Stock Exchange :FLR FLR Floor FLR Florence, Italy (Airport Code) FLR Flare FLR Florida Lambda Rail FLR Forest Land Reserve FLR Forward-Looking Radar FLR Female Led Relationship FLR Force of Lower Readiness ) announced today that its subsidiary, Fluor Canada, Ltd., was awarded a procurement and construction project by St. Clair Power, L.P. to build a 570-megawatt combined cycle power plant in Ontario, Canada. Fluor received a full notice to proceed in the first quarter 2007. Completion of the power plant is projected to be in the fourth quarter 2008. The approximate contract value of the award is $250 million and was booked in the first quarter 2007. Fluor's scope of work will consist of procurement, construction and commissioning of the plant at a greenfield site. At its peak, Fluor expects to employ approximately 650 craft workers. St. Clair Power, L.P. is owned by affiliates of Invenergy LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Stark Investments, L.P. Invenergy is an independent power producer, with headquarters in Chicago, IL, that develops, owns, and operates natural gas-fueled and wind energy power projects. Stark is a global alternative investment firm headquartered in Milwaukee, WI. "Fluor's reliability and strong track record of successfully delivering on-time projects in the power sector were key factors in our decision," said Pat West, Vice-President of Construction and Asset Management for Invenergy. "The additional electric capacity created by this facility will provide power to the Ontario Power Authority The Ontario Power Authority (OPA) was established through the Electricity Restructuring Act, 2004 (Bill 100). It operates independently and as a non-profit corporation. Licensed by the Ontario Energy Board, it reports to the legislature through the Ministry of Energy (Ontario). in Ontario, Canada while ultimately lowering air emissions." "We have been engaged with St. Clair Power, L.P. during the permitting process, and we have recently started construction of this new power facility. We look forward to helping St. Clair Power L.P. deliver affordable and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] electricity to the citizens of Ontario," said David Constable, president of Fluor's Power Group. "Fluor will leverage its project management systems to deliver a world-class facility and do so in a manner that reflects our strong safety culture," added Constable. Over the last seven years, Fluor has completed 44 natural gas-fired power projects totaling nearly 35,000 megawatts of electric capacity. Fluor Corporation (NYSE:FLR) provides services on a global basis in the fields of engineering Engineering is a collective term to describe the application of scientific theory in the design, creation, and maintenance of technology. According to 1992 NSF data, the largest fields of engineering are Civil, Electrical / Electronic, Industrial and Mechanical Engineering (by number of , procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $14.1 billion in 2006. For more information visit www.fluor.com. (FLRG) |
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