Washington Group International Providing Project-Management Services for Power Plant in Taiwan
24 Setembro 2007 - 6:10PM
PR Newswire (US)
BOISE, Idaho and TAIPEI, Taiwan, Sept. 24 /PRNewswire-FirstCall/ --
Washington Group International (NYSE:WNG) announced today that it
has been selected by independent power producer Taiwan Cogeneration
Corporation to provide project-management consulting services in
support of construction of a 490-megawatt power plant in western
Taiwan. The gas-fired, combined-cycle Star Buck power plant is
being built within the Chang-Bin Coastal Industrial Park in
Chang-Hua County and is scheduled to begin commercial operation in
June 2009. Washington Group has completed conceptual engineering
for the plant, and GIBSIN Engineers Ltd., Washington Group's
affiliate in Taiwan, is providing detailed engineering and design.
"We are pleased to contribute to the construction of this new power
plant, which will be a crucial part of meeting Taiwan's increasing
demand for electric power," said Lou Pardi, president of Washington
Group's Power Business Unit, headquartered in Princeton, N.J.
Washington Group's diverse expertise in the power market ranges
from engineering, constructing, and maintaining power plants and
transmission and distribution systems to installing clean-air
systems and partnering in advanced power technologies. Washington
Group International (NYSE:WNG) provides the talent, innovation, and
proven performance to deliver integrated engineering, construction,
and management solutions for businesses and governments worldwide.
Headquartered in Boise, Idaho, with more than $3 billion in annual
revenue, the company has approximately 25,000 people at work around
the world providing solutions in power, environmental management,
defense, oil and gas processing, mining, industrial facilities,
transportation, and water resources. For more information, visit
http://www.wgint.com/. This news release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, which are identified by the use of
forward-looking terminology such as may, will, could, should,
expect, anticipate, intend, plan, estimate, or continue or the
negative thereof or other variations thereof. Each forward-looking
statement, including, without limitation, any financial guidance,
speaks only as of the date on which it is made, and Washington
Group undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date on
which it is made or to reflect the occurrence of anticipated or
unanticipated events or circumstances. The forward-looking
statements are necessarily based on assumptions and estimates of
management and are inherently subject to various risks and
uncertainties. Actual results may vary materially as a result of
changes or developments in social, economic, business, market,
legal, and regulatory circumstances or conditions, both
domestically and globally, as well as due to actions by customers,
clients, suppliers, business partners, or government bodies.
Performance is subject to numerous factors, including demand for
new power generation and for modification of existing power
facilities, public sector funding, demand for extractive resources,
capital spending plans of customers, and spending levels and
priorities of the U.S., state and other governments. Results may
also vary as a result of difficulties or delays experienced in the
execution of contracts or implementation of strategic initiatives.
For additional risks and uncertainties impacting the
forward-looking statements contained in this news release, please
see "Note Regarding Forward-Looking Information" and "Item 1A. Risk
Factors" in Washington Group's annual report on Form 10-K for
fiscal year 2006. DATASOURCE: Washington Group International
CONTACT: Jerry Holloway or Laurie Spiegelberg, both of Washington
Group International, +1-208-386-5255 Web site:
http://www.wgint.com/
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