Foster Wheeler AG (Nasdaq: FWLT) said Aug. 20 that a subsidiary of its Global Power Group has been awarded a contract by Iberdrola for the design and supply of a heat recovery steam generator (HRSG).
The unit will be installed at a cogeneration plant that Iberdrola is building at the Kimberly Clark de Mexico Ramos Arizpe Facility in Coahuila, Mexico. Foster Wheeler has received a full notice to proceed on this contract. The terms of the agreement were not disclosed.
Foster Wheeler will design and supply the HRSG and provide advisory services for erection and start-up of the unit, which will incorporate a dual pressure level design with the capability to produce steam with or without combustion turbine operation. The HRSG will be coupled to a GE LM6000PH combustion gas turbine. Commercial operation of the HRSG is scheduled to begin during the first quarter of 2016.
“Foster Wheeler’s HRSG will help improve reliability, ease of maintenance, and thermal efficiency,” said Byron Roth, Chief Executive Officer of Foster Wheeler’s Environmental and Industrial Group. “Iberdrola’s decision to select Foster Wheeler for this important project confirms its confidence in our product.”
Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Reading, United Kingdom.