Foster Wheeler Begins Construction of Power Plant

Date: August 22, 2002

Source: News Room

Foster Wheeler Ltd. (NYSE: FWC) has been awarded a contract valued at approximately $200 million by LMB Funding, Limited Partnership, to engineer, procure and construct a nominal 600 megawatt capacity combined-cycle natural gas-fired power plant. Construction is underway at the Lower Mount Bethel project located in Bangor, Pa. The project will include two gas-turbine generators and one steam-turbine generator. The power island turbine generator and steam generator equipment have been pre-purchased by the plant owner and delivery of components has already begun. Operation of the plant is scheduled to begin at the end of 2003. More information:

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