CB&I Announces Award for 671-Megawatt Combined-Cycle Gas Turbine Power Station
THE WOODLANDS, Texas, June 19, 2014
THE WOODLANDS, Texas, June 19, 2014 /PRNewswire/ --CB&I (NYSE:CBI) today
announced it has been awarded a contract by AES Corporation subsidiary
Indianapolis Power & Light Company valued at more than $500 million for the
engineering, procurement and construction (EPC) of a combined-cycle gas
turbine power station near Martinsville, Indiana. The 671-megawatt unit will
be built adjacent to the existing Eagle Valley station.
"This award continues CB&I's history of successful combined-cycle gas turbine
EPC projects and exemplifies CB&I's expertise in helping Indianapolis Power &
Light Companymeet the growing demand for clean, affordable and reliable
energy," said Patrick K. Mullen, President of CB&I's Engineering, Construction
and Maintenance operating group.
CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in
the world and a major provider of government services. With 125 years of
experience and the expertise of approximately 55,000 employees, CB&I provides
reliable solutions while maintaining a relentless focus on safety and an
uncompromising standard of quality. For more information, visit www.cbi.com.
Important Information For Investors And Shareholders
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements regarding CB&I and
represents our expectations and beliefs concerning future events. These
forward-looking statements are intended to be covered by the safe harbor for
forward-looking statements provided by the Private Securities Litigation
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"should," "could," "may," "might" or similar forward-looking statements, we
refer you to the cautionary statements concerning risk factors and
"Forward-Looking Statements" described under "Risk Factors" in Item 1A of our
Annual Report filed on Form 10-K filed with the SEC for the year ended
December 31, 2013, and any updates to those risk factors or "Forward-Looking
Statements" included in our subsequent Quarterly Reports on Form 10-Q filed
with the SEC, which cautionary statements are incorporated herein by
For more information, visit www.cbi.com
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Contact: Media, www.cbi.com; Investors, Christi Thoms, +1 832 513 1200
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