Duke/Fluor Daniel awarded contract for 1,150-MW power plant in Oklahoma

CHARLOTTE, N.C., July 31, 2001 – Duke/Fluor Daniel (D/FD) has been awarded a contract by Calpine Oneta Power, L.P., to perform engineering, procurement and construction (EPC) services for a 1,150-MW, combined- cycle, natural gas-fired power plant in Coweta, Okla.

The overall project is valued at $500 million, but the value of D/FD’s contract was not disclosed. Peak work force for the project is expected to be 600 workers. The facility is scheduled to begin commercial operation in early summer 2002 and is currently on target to meet that goal.

“From our perspective, two aspects of this contract stand out,” said Jeff Faulk, president and chief executive officer of D/FD. “It is our first opportunity to work with Calpine Corporation – widely regarded as a independent power producer. Second, as part of the overall EPC contract, we have effectively combined Calpine’s procurement requirements, preferred suppliers and commissioning capabilities with D/FD’s EPC contracting capabilities.”

“We have been able to bring our capabilities together with D/FD in ways that significantly enhance the Calpine Oneta project and advance it toward commercial operation,” said Doug Kieta, senior vice president of construction for Calpine Corporation. “This contract represents a significant step forward for the project, and such projects represent significant progress in meeting fast-growing energy demand in the United States.”

So far in 2001, D/FD has been awarded EPC contracts for more than 10,000 megawatts of natural gas-fired power generation facilities.

Based in San Jose, Calif., Calpine Corporation is dedicated to providing customers with reliable and competitively priced electricity. For more information about Calpine, visit its Web site at http://www.calpine.com.

Duke/Fluor Daniel provides engineering, procurement, construction and operating plant services for fossil-fueled electric power generating facilities worldwide. For more information visit http://www.dukefluordaniel.com.

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