CB&I Awarded LNG Peak Shaver Storage Contract by We Energies

THE WOODLANDS, Texas, Jan. 13, 2026 /PRNewswire/ -- CB&I today announced it has been awarded a contract by We Energies to design and build a full-containment liquefied natural gas (LNG) storage tank for a peak shaving facility in Oak Creek, Wisconsin, located just south of the Milwaukee metropolitan area. CB&I's project scope includes the engineering, procurement, fabrication, and construction (EPFC) of one full-containment 2.0 BCF LNG tank with in-tank pumps, topsides, and piping to grade.

"We are pleased to continue a strong working relationship with We Energies after the successful completion and operation of their Bluff Creek and Ixonia LNG tank projects," said Brian Goedken, CB&I's Vice President of Operations. "Oak Creek LNG is a critical infrastructure project in the growing region of southeastern Wisconsin that will ensure supply reliability and efficiency during peak energy demand. Our team is excited to apply our engineering and construction excellence to the execution of yet another LNG storage tank in this area."

The new LNG tank will be built at the same facility where CB&I completed North America's first LNG peak shaving facility in 1965.

About CB&I
CB&I is the world's leading designer and builder of storage facilities, tanks, and terminals. With more than 60,000 structures completed throughout its 135+ year history, CB&I has the global expertise and strategically located operations to provide its customers world-class storage solutions for even the most complex energy infrastructure projects. CB&I is owned by a consortium of financial investors led by Mason Capital Management LLC. To learn more, visit www.cbi.com. 

Forward-Looking Statements 

CB&I cautions that statements in this communication that are forward-looking, and provide other than historical information, involve risks, contingencies, and uncertainties. These forward-looking statements include, among other things, statements about the expected timing and execution of projects, and statements that describe our business strategy, outlook, objectives, plans, intentions, or goals. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are based on various underlying assumptions and are subject to numerous risks, contingencies, and uncertainties, many of which are beyond our control, including, among others: adverse changes in the markets in which we operate or in credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope, or timing of contracts, contract cancellations, change orders, and other modifications or actions by our customers and other business counterparties; changes in industry norms or codes or applicable laws; actions by lenders, other creditors, customers, and other business counterparties of CB&I; and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materializes, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of CB&I's management as of the date hereof. Except to the extent required by applicable law, CB&I undertakes no obligation to update or revise any forward-looking statement.

SOURCE CB&I STS Delaware LLC