Fluor receives contract from Elecnor to design 2 Concentrating Solar Power contracts in Spain

Fluor said that its Asturias and Madrid operations will be doing engineering and related services for the plants, which are planned to be finished by the third quarter of 2011.

Fluor Corporation (NYSE:FLR) announced that Elecnor S.A. has awarded the company an engineering services contract for two new 50 megawatt (MW) concentrating solar power (CSP) plants in Alcazar de San Juan, Spain. Fluor booked the undisclosed contract value in the third quarter of 2010.

“We are pleased that Elecnor has shown confidence in us to perform services for their two new solar power generation facilities,” said Dave Dunning, president of Fluor’s Power Group. “Our ongoing ASTEXOL 2 CSP project in Badajoz positioned us well for these two new units.”

“Fluor continues to expand its position in the global solar power generation market both in the CSP arena and in the utility scale photovoltaic (PV) space,” said Brad Friesen, vice president of Fluor’s renewables business line. “We are confident in our ability to bring the best value to Elecnor and all of our renewables clients.”

Fluor will provide basic and detailed engineering and other associated services for these two new solar units. When complete, the two 50 MW CSP generating facilities will capture solar energy using parabolic trough mirrors and will ultimately convert the energy into electricity through a steam turbine generator.

The project is under way with engineering expected to be complete by the third quarter of 2011. Fluor’s Asturias and Madrid, Spain, operations will lead the engineering effort with support from its southern California operations center. Fluor has been providing services to Elecnor since 2009.

Elecnor is a group of companies engaged in the engineering, development and construction of infrastructure in the fields of energy, the environment, technology and information systems and space. Its strong international vocation has given it a stable presence in more than 20 countries, with a professional workforce currently numbering over 8,000 individuals.

Diversification of operations has been one of its central strategic plans throughout its history, opening up avenues in a variety of sectors ranging from renewable energy to the environment, electricity, gas, water, rail, industrial plants, control systems, construction, operation and maintenance, aerospace engineering and concessions.

Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world’s most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22 billion in 2009.

www.elecnor.es

www.fluor.com