CB&I Announces Award for 671-Megawatt Combined-Cycle Gas Turbine Power Station

CB&I Announces Award for 671-Megawatt Combined-Cycle Gas Turbine Power Station

PR Newswire

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.

About CB&I
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
Reform Act of 1995. Forward-looking statements involve known and unknown risks
and uncertainties. When considering any statements that are predictive in
nature, depend upon or refer to future events or conditions, or use or contain
words, terms, phrases or expressions such as "achieve," "forecast," "plan,"
"propose," "strategy," "envision," "hope," "will," "continue," "potential,"
"expect," "believe," "anticipate," "project," "estimate," "predict," "intend,"
"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
reference.

For more information, visit www.cbi.com

Logo - http://photos.prnewswire.com/prnh/20130430/DA04155LOGO

SOURCE CB&I

Website: http://www.cbi.com
Contact: Media, www.cbi.com; Investors, Christi Thoms, +1 832 513 1200
 
Press spacebar to pause and continue. Press esc to stop.