Shaw Receives Full Notice to Proceed on Duke Energy's Dan River Combined Cycle Plant

Shaw Receives Full Notice to Proceed on Duke Energy s Dan River Combined Cycle Plant BATON ROUGE, La. , Mar 01, 2011 (BUSINESS WIRE) -- The Shaw Group Inc. (NYSE: SHAW) today announced it received full notice to proceed on a new gas-fired facility at Duke... More

Shaw Receives Full Notice to Proceed on Duke Energy s Dan River Combined Cycle Plant BATON ROUGE, La. , Mar 01, 2011 (BUSINESS WIRE) -- The Shaw Group Inc. (NYSE: SHAW) today announced it received full notice to proceed on a new gas-fired facility at Duke Energy s Dan River Steam Station in North Carolina. Scheduled to begin operation in late 2012, the new 620-megawatt natural gas-fired combined-cycle generating unit will replace two older units at the facility. At the peak of construction, the project will employ more than 400 workers. "This project demonstrates Duke s commitment to providing cleaner energy and jobs for its local communities," said Clarence Ray, chief executive officer of Shaw s Power Group. "Shaw is proud to help Duke ensure an affordable, reliable and cleaner energy supply for the future. " In March 2010, Duke awarded Shaw an engineering, procurement, construction and commissioning services contract for the construction of the new facility, and Shaw began worki Less