News Release
July 10, 2000

DUKE/FLUOR DANIEL AFFILIATE SECURES CONTRACTS TO OPERATE AND MAINTAIN FOUR DUKE ENERGY NORTH AMERICA MERCHANT POWER PLANTS IN CALIFORNIA

CHARLOTTE, N.C. – A Duke/Fluor Daniel (D/FD) affiliate has been awarded a five-year contract by Duke Energy North America (DENA) to provide operating plant services for four merchant power generation facilities in California. The power plants, with a combined generating capacity of 3,351 megawatts, are Morro Bay in San Luis Obispo County, Moss Landing in Monterey County, Oakland in Alameda County and South Bay in San Diego County.

The affiliate, DFD California Operations, will be responsible for the facilities’ day-to-day operations, maintenance and outage management. The combined plants, previously owned and operated by Pacific Gas & Electric (Morro Bay, Moss Landing and Oakland) and San Diego Gas & Electric (South Bay), employ about 240. D/FD was previously awarded engineering, procurement and installation contracts for modification projects at the Moss Landing and South Bay plants.

D/FD is the lead engineering, procurement, construction and operations firm employed by DENA. DENA has operating facilities totaling 6,600 megawatts, with 3,400 megawatts under construction and another 13,500 megawatts in advanced development.

"Duke/Fluor Daniel continues to provide the technical and operations services necessary to support DENA’s operations and asset management activities," said Ted Rosiak Jr., vice president of operating plant services for D/FD. "The success of DENA’s California facilities depends on their availability and efficient, low-cost operations. As with every project, D/FD is committed to delivering the service its customers require to be competitive in a merchant market."

Duke Energy North America is a leading wholesale energy services company. DENA, and its affiliates, including Duke Energy Trading & Marketing, supply competitively priced energy, integrated logistics and asset optimization services as well as risk management products to wholesale energy producers and users across North America. To better serve its customers and support its market positions, DENA develops, owns and manages a portfolio of merchant generation facilities. DENA is a wholly owned subsidiary of Duke Energy.

Duke/Fluor Daniel, formed in 1989 by Duke Energy and Fluor Daniel, provides comprehensive engineering, procurement, construction and operating plant services for fossil-fueled electric power generation facilities worldwide.

Duke Energy, a diversified multinational energy company, creates value for customers and shareholders through an integrated network of energy assets and expertise. Duke Energy manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses -- generating revenues of nearly $22 billion in 1999. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

Fluor Daniel is the engineering, procurement and construction division of Fluor Corporation (NYSE:FLR). In 1999 Fluor Corporation revenues were $12.4 billion. Additional information on Fluor Corporation is available on the Internet at: www.fluor.com.

 

 

Contact: Jeremy Dreier
Phone: 704/382-8343
24 Hour Phone: 704/382-8333
Email: jwdreier@duke-energy.com
Contact: Keith Karpe
Phone: 949/349-7661
24 Hour Phone: 704/382-8333
Email: media_relations@duke-energy.com