Fluor Corporation FLR announced today that it was issued a notice to
proceed by LCRA to build a new natural gas-fired power plant in Horseshoe Bay,
Texas. LCRA's Ferguson Replacement Project, a 540-megawatt combined-cycle
power plant, received the required air permits from the Texas Commission on
Environmental Quality and the U.S. Environmental Protection Agency. Fluor will
book the undisclosed contract value into backlog in the fourth quarter of
2011.
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