SNC-Lavalin awarded contract by Competitive Power Ventures for St. Charles Energy Center Project

MONTREAL, Aug. 13, 2014 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded the engineering, balance of plant procurement, and construction (EPC) contract for the St. Charles Energy Center Project in Maryland by Competitive Power Ventures, Inc. ("CPV"), a leading North American electric power generation development and asset management company. CPV has projects with more than 5,000 MWs of capacity currently in development across North America, and has both natural gas and wind-power generation facilities under management.

The 725-MW CPV St. Charles Project will be designed and constructed at a 30,75 hectares greenfield site approximately 4 km south of the community of St. Charles, Maryland. The project consists of two owner-furnished F-class gas turbines exhausting into two moderately duct-fired, triple-pressure reheat heat recovery steam generators (HRSGs). The cooling system utilizes reclaimed water from the Mattawoman Wastewater Treatment Plant.

"SNC-Lavalin is proud to take part in a project that will enhance energy supply to Maryland while at the same time improving our client's environmental footprint," said Sandy Taylor, President, Power, SNC-Lavalin Group Inc. "Not only will this facility minimize the import of predominantly out-of-state coal-generated electricity, but the emissions from this plant will be significantly lower than coal-fired power plants of equal capacity."

SNC-Lavalin received the Notice to Proceed under the EPC contract on August 8.

Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 40 countries, SNC-Lavalin's 30,000 employees provide EPC and EPCM services to clients in a variety of industry sectors, including mining and metallurgy, oil and gas, environment and water, infrastructure and clean power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. www.snclavalin.com

SOURCE SNC-Lavalin



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