Fluor Secures Solar Power Contract in Spain for Elecnor’s 50 MW Concentrating Solar Power Plant

Fluor will book the undisclosed contract value in the first quarter of 2010. "With the increasing demand to supplement the world’s energy supply with solar and other renewable forms of energy, we believe we are well positioned to meet the needs of clients like Elecnor," said Dave Dunning, president of Fluor’s Power Group.

"Concentrating solar power technology has gained momentum in Spain and throughout the world, and we believe our global engineering expertise and resource base for clean energy projects adds exceptional value."

"We’ve been active in Europe for more than 50 years including ongoing operations in Spain since 1989. We specialize in executing complex, large-scale projects with excellence using our talented local employee base," said Brad Friesen, vice president of Fluor’s renewables business line.

"In addition, we have nearly 30 years of related renewable and thermal power plant experience and will bring that expertise to Elecnor’s solar power portfolio."

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

The project is underway with engineering expected to be complete by the second 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 front-end support work to Elecnor for this project since early in 2009.

Fluor’s experience in the renewables sector has been ongoing over the last three decades and dates back to the mid-1980s when the company provided engineering, procurement and construction services for what was then the world’s largest photovoltaic power facility in Carrisa Plain, California.

Today, Fluor’s expertise ranges across the entire spectrum of renewables. The company is currently building the world’s largest polysilicon production plant in China, a state-of-the-art solar panel manufacturing plant in Singapore as well as leading the design and build efforts for the world’s largest offshore wind power farm in the United Kingdom.

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. About Fluor Corporation

Fluor Corporation (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 $22.3 billion in 2008.