Contract win
Amec Foster Wheeler announces today that it has started work on an engineering, procurement and construction (EPC) contract for Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) for a coal combustion residuals (CCR) - otherwise known as coal ash - treatment project in Trimble County, Kentucky.
This is the company's fourth project working with LG&E and KU with completion set for 2018. The project will transition Trimble County Generating Station's CCR processing from a wet system to a state-of-the-art closed pipe dry conveyor system to convey bulk materials.¹
In December 2014, the U.S. Environmental Protection Agency released its final CCR rule to establish national regulations for the management and disposal of the by-products left over after coal is safely burned to make electricity. Facilities such as the Trimble County treatment project must comply with this regulation.
Tom Dodson, Amec Foster Wheeler President, Power & Process Americas said:
"We are delighted that LG&E and KU have selected us to help them further reduce their environmental impact and comply with federal regulations. We look forward to continuing our strong partnership with them."
Enquiries to:
Amec Foster Wheeler plc Achilleas Georgiou (media) Rupert Green (investors) | + 44 (0)20 7429 7500 |
¹ The closed pipe conveyor is typically used for conveying bulk materials such as flyash and gypsum, as at this site, for long distances where space is an issue and steep inclines are necessary.
Notes to editors:
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
Employing around 40,000 people in more than 55 countries and with 2015 revenues of £5.5 billion, the company operates across the oil and gas industry - from production through to refining, processing and distribution of derivative products - and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler offers full life-cycle services to offshore and onshore oil and gas projects (conventional and unconventional, upstream, midstream and downstream) for greenfield, brownfield and asset support projects, plus leading refining technology.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
The Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve nearly 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 322,000 natural gas and 403,000 electric customers in Louisville and 16 surrounding counties. KU serves 546,000 customers in 77 Kentucky counties and five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.
Forward-Looking Statements
This announcement contains statements which constitute "forward-looking statements". Forward-looking statements include any statements related to the timing, results and success of contracts, and are generally identified by words such as "believe," "expect," "anticipate," "intend," "estimate," "will," "may," "continue," "should" and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements. Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.
