Riley Power to Supply Equipment for Florida Waste to Energy Facility.

DANVERS, Mass. -- Babcock Power Inc. (BPI) announced today that its subsidiary Riley Power Inc. (RPI), located in Worcester, MA, has recently received a contract to supply and construct the Waste-to-Energy boiler for Covanta Energy's Hillsborough County WTE Facility Expansion Project, located near Tampa Florida.

Under the agreement, RPI will furnish one Waste-to-Energy (WTE) boiler, capable of burning 600 tons-per-day of municipal solid waste. In addition to pressure parts that will be manufactured at RPI's Erie, PA facility, RPI will provide all main auxiliaries, including fans and drives, trim valves, piping, ducting and insulation. TEi Construction Services (TEiC), Duncan, SC, will provide the on-site construction services to erect the WTE boiler system and Boiler Tube Company of America (BTA), Lyman, SC, will provide inconel weld overlay cladding and certain pressure parts. RPI, TEiC and BTA are all part of the Babcock Power Services Group.

Ted Maliszewski, President, Babcock Power Services Inc., stated that "RPI has designed, manufactured, constructed or retrofitted existing steam generators that provide efficient, clean power while consuming over 27,000 tons per day of municipal solid waste and refuse derived fuel, which represents almost 30 percent of the U.S. installed base. That experience, coupled with our ability to keep a significant amount of the project scope within the Babcock Power Services Group, generates benefits that are very attractive for our customers."

Covanta Holding Corporation is a New York Stock Exchange listed company, engaging in waste disposal, energy services and specialty insurance through its subsidiaries. Its subsidiary, Covanta Energy Corporation, is an internationally recognized owner and operator of waste-to-energy and power generation projects. Covanta's waste-to-energy facilities convert municipal solid waste into renewable energy for numerous communities, predominantly in the United States.

Babcock Power Inc., through its subsidiaries, is one of the world's leading suppliers of technology, equipment and services to the power generation industry. Babcock Power subsidiary companies include; Vogt Power International (Louisville, KY), Thermal Engineering International (USA) Inc. (Santa Fe Springs, CA), Babcock Power Environmental, Riley Power Inc. and Babcock Power Services (Worcester, MA), Boiler Tube Company of America (Lyman, SC), TEi Construction Services, Inc. (Duncan, SC) and TEi-Struthers Wells (Warren, PA).