Fluor Receives Notice to Proceed for New LCRA Gas Power Plant in Texas

Fluor Corporation

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.