Foster Wheeler to build 600 MW plant in PA.

22 August 2002 – Foster Wheeler Ltd. today announced that its subsidiary, Foster Wheeler Power Group, Inc., was awarded a contract valued at approximately $200m by LMB Funding, Limited Partnership, to engineer, procure and construct a nominal 600 MW capacity combined-cycle natural gas-fired power plant.

Construction is underway at the Lower Mount Bethel project located in Bangor, Pennsylvania.

The project will include two gas-turbine generators and one steam-turbine generator designed for high efficiency operation with very low levels of emissions from the combustion process.

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.

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