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Foster Wheeler wins boiler erection contract in Arizona

Foster Wheeler Ltd. announced that a subsidiary within its Global Power Group has been awarded a contract for construction management services and reimbursable craft labor to erect a 400 megawatt (MWe) pulverized-coal (PC) steam generator at the Springerville Generating Station in Arizona by Salt River Project Agricultural Improvement and Power District (SRP). Foster Wheeler was previously awarded a contract in 2006 to supply the PC boiler to SRP for this project.

The contract, valued at approximately $75 million, will be included in the company's second-quarter 2007 bookings.

Foster Wheeler will erect the PC boiler components, associated piping, auxiliary equipment and selective catalytic reduction systems. Erection of the boiler is expected to begin in April 2007, with commercial operation scheduled for late 2009.



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