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SNC-Lavalin wins contract for cutting-edge power project

SNC-Lavalin (TSX: SNC), in joint venture with Skanska, has been awarded a contract for the Newark Energy Center, a 655-MW gas-fired combined cycle power plant in New Jersey. SNC-Lavalin is providing engineering, procurement, start-up and commissioning services, while Skanska is responsible for construction and site management.

The Newark Energy Center is being developed by a joint venture of Hess Newark Plant Holdings, LLC, a subsidiary of Hess Corporation and EIF-NEC, LLC, a subsidiary of private equity funds managed by Energy Investors Funds.

The plant will use the latest General Electric (GE) F class 5 series combustion gas turbines to generate power in a reliable and energy efficient manner. The facility, scheduled to be operational in 2015, will also be one of the cleanest of its kind in the United States thanks to its use of natural gas and sophisticated emissions control technology.

SNC-Lavalin has a long history of working with GE F class gas turbines, having successfully installed 70 such units at power plants around the world.



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