Fluor Corporation (ticker: FLR, exchange: New York Stock Exchange (.N))
News Release -
Duke/Fluor Daniel Wins Contract For New Jersey Power PlantCHARLOTTE, N.C., Sept. 25 /PRNewswire/ -- Duke/Fluor Daniel has been awarded a contract by PSEG Power, LLC. to perform engineering and procurement services for a 500-megawatt, natural gas-fired, combined- cycle power generation facility at PSEG Power's Bergen Generating Station in Ridgefield, N.J. The Bergen 2 Project is targeted for completion June 2002.
Duke/Fluor Daniel's services will encompass all major plant components for Bergen 2, including turbine generators and emission-control equipment. In addition, the new plant's control system will be integrated with that of the existing unit 1. The new facility is based on Duke/Fluor Daniel's two-on-one ``reference plant design'' and will include selective catalytic reduction and low-nitrogen oxide burners in the GE 7FA combustion turbines to reduce NOx emissions, and a ``CO catalyst'' to reduce carbon monoxide emissions.
``Bergen 2 is really chapter two in a very good story,'' said Clarence Ray, president and CEO of Duke/Fluor Daniel. ``It continues a relationship begun in the 1990s when we provided similar services for the repowering of Bergen Generating Station, effectively integrating combined-cycle technology with existing steam technology. Bergen 2 provides our companies another opportunity to work together to make this station one of the premier power plants serving the Pennsylvania-New Jersey-Maryland Interconnection.''
``Duke/Fluor Daniel's experience and working relationship with us will make the difference on this project,'' said Robert W. Metcalfe, vice president of development, PSEG Power, LLC. ``Their proven expertise with combined-cycle generation is known throughout the industry. But they also have been key to such advances as our use of treated waste water for cooling water make-up, and a plant design that eliminates the need for us to take water from the Hackensack River or to discharge effluent into it. PSEG Power is committed to environmental leadership, and Duke/Fluor Daniel is integral to achieving that.''
PSEG Power is one of the world's largest independent electric generating and energy trading companies, with a power generation portfolio of more than 13,000 MW. It is a subsidiary of Public Service Enterprise Group Inc., a diversified energy holding company headquartered in Newark, N.J.
Duke/Fluor Daniel, formed in 1989 by Duke Energy and Fluor Daniel, provides comprehensive engineering, procurement, construction and operating plant services for fossil-fueled electric power generation facilities worldwide. Additional information regarding the company can be found at www.dukefluordaniel.com
Fluor Daniel is the engineering, procurement and construction division of Fluor Corporation (NYSE: FLR - news). In 1999, Fluor Corporation revenues were $12.4 billion. Additional information on Fluor Corporation is available on the Internet at: www.fluor.com
Duke Energy, a diversified multinational energy company, creates value for customers and shareholders through an integrated network of energy assets and expertise. Duke Energy manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses -- generating revenues of nearly $22 billion in 1999. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com
Contact: Ken Daledda, Bergen Generating Station of PSEG Power, LLC, 201- 313-7718, or Keith Karpe of Fluor Corporation, 949-349-7661, or Jeremy Dreier of Duke Energy, 704-382-8343, or 24-Hour, 704-382-8333.
SOURCE: Duke Energy Corporation