The work will be performed as part of an alliance agreement signed in 2000 between LG&E Energy and the consortium.

Duke/Fluor Daniel will design the project’s structures, piping, electrical and instrumentation, and will perform construction. Babcock Borsig Power Inc. will provide SCR process and detailed design, start-up, commissioning and testing services and certain equipment, including Delta Wing® stationary mixing devices and damper systems.

The SCR process injects ammonia into the gas stream to reduce NO_x compounds to nitrogen and water in the presence of a catalyst.  As part of the work for units 3 and 4, Duke/Fluor Daniel has performed a major riverbank stabilization project to facilitate the siting and construction of structures related to the two SCR projects.

Installation for unit 3 is scheduled to be completed in December 2003, unit 4 for January 2004 and unit 1 for March 2004.

Many existing fossil-fueled, power generation facilities are being retrofitted with SCR technology to bring emissions in line with requirements of federal clean air legislation passed in the 1990s.

“This brings to seven the number of LG&E Energy units that our consortium will fit with SCR technology, bringing Duke/Fluor Daniel’s portfolio of SCR projects to 7,600 megawatts,” said Ted Rosiak, senior vice president – operating plant services, Duke/Fluor Daniel. “LG&E Energy continues to be a leader in making fossil-fueled power generation an essential and viable energy source – both economically and environmentally.”

“Babcock Borsig Power has more than 8,000 megawatts of SCRs operating in the United States, with an additional 15,000 megawatts under construction. The value of this technology and equipment to the industry continues to grow every year,” said Jim Dougherty, senior vice president and general manager – environmental systems, Babcock Borsig Power Inc.

“Duke/Fluor Daniel and Babcock Borsig Power have proven key to our long-term success in establishing coal-fired power generation as a 21^st-century technology,” said Scott Straight director of NO_x projects – LG&E Energy. “We’re proud of the Ghent facility and the work that’s being done there.”

D/FD provides comprehensive engineering, procurement, construction, commissioning and operating plant services for fossil-fueled electric power generating facilities worldwide. The partnership of Duke Energy and Fluor Corporation affiliates is one of the largest power contractors in the world and has the largest U.S. market share for the engineering and construction of natural gas-fired power projects. D/FD Operating Plant Services supports utility, merchant and cogeneration plants, including operations and maintenance contracts, capital projects, turbine fleet management, environmental retrofits and other major plant improvements. For more information visit www.dukefluordaniel.com.

Babcock Borsig Power Inc. is a subsidiary of Babcock Power Inc. and is responsible for designing, installing and commissioning selective catalytic reduction systems. Babcock Power Inc., through its subsidiaries, is one of the world’s leading suppliers of technology, equipment and services to the power generation industry, including heat recovery steam generators, major heat exchangers, steam generators, environmental solutions for NO_x, sulfur and mercury removal and after-market solutions for the existing utility and waste-to energy fleet. For more information visit www.bbpwr.com.

LG&E Energy Corp., headquartered in Louisville, Ky., is a diversified energy services company that is a member of E.ON AG (NYSE:EON; Frankfurt: EOA) family of companies. E.ON is the world’s largest investor owned utility company. LGE& Energy owns and operates Louisville Gas and Electric Company, a regulated electric and gas utility serving Louisville, Ky., and 16 surrounding counties, and Kentucky Utilities Company, a regulated electric utility based in Lexington, Ky., which serves customers in 77 Kentucky counties and five counties in Virginia.

Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Aliso Viejo, California, Fluor is a Fortune 500 company with revenues of $9 billion in fiscal year 2001. For more information, visit www.fluor.com.

Duke Energy is a diversified multinational energy company with an integrated network of energy assets and expertise. The company manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses – meeting the energy needs of customers throughout North America and in key markets around the world. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 500 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.