Foster Wheeler Awarded Circulating Fluidized-Bed Steam Generator Contract in Chile by UTE CT Mejillones

Foster Wheeler Ltd. announced today that a subsidiary of its Global Power Group has been awarded a contract by the Spanish company UTE CT Mejillones, which is owned by Cobra Instalaciones y Servicios S.A., part of the ACS group, for a 165 MWe (gross megawatt electric) circulating fluidized-bed (CFB) boiler island to be located at the Andino power plant in Mejillones, in the north of Chile. The Andino power plant belongs to the Central Termoelectrica Andino S.A. utility company, a subsidiary of the Suez Energy International group; Cobra is Suez's contractor.

Foster Wheeler has received a full notice to proceed on this contract, which was included in the company's second-quarter 2007 bookings. The terms of the contract were not disclosed.

Foster Wheeler will supply the 165 MWe CFB steam generator, auxiliary equipment and erection and commissioning technical advisory services of the boiler island. The boiler will be designed to burn imported bituminous coal and/or petroleum coke, as well as providing the option to burn small amounts of biomass-type fuels. Commercial operation of the new boiler is scheduled for the first half of 2010.

'This award demonstrates yet again that CFBs offer innovative solutions for customers who desire fuel flexibility, reliability, and environmentally responsible performance,' said James E. Stone, president and chief executive officer of Foster Wheeler Power Group Europe.

Foster Wheeler Ltd. is a global company offering, through its subsidiaries, a broad range of engineering, procurement, construction, manufacturing, project development and management, research and plant operation services. Foster Wheeler serves the upstream oil and gas, LNG and gas-to-liquids, refining, petrochemicals, chemicals, power, pharmaceuticals, biotechnology and healthcare industries. The corporation is based in Hamilton, Bermuda, and its operational headquarters are in Clinton, New Jersey, USA. For more information about Foster Wheeler, please visit our Web site at www.fwc.com.