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Gold/Mining/Energy : Chicago Bridge & Iron Company N.V. (CBI)
CBI 16.390.0%May 11 4:00 PM EDT

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From: Savant11/10/2014 10:21:58 AM
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CB&I Announces Plant Services Contract Renewal by Arizona Public Service
THE WOODLANDS, Texas, Nov. 10, 2014 /PRNewswire/ -- CB&I (NYSE:CBI) today announced it has been awarded a contract renewal valued at more than $100 million by Arizona Public Service (APS) for maintenance and modification services for APS's fleet-wide fossil power generation facilities in Arizona and New Mexico. The award is an extension of CB&I's existing scope of work relating to outage, non-outage, operations and maintenance and capital projects.

"This contract extension indicates the confidence our customers have in CB&I's experience providing industry-leading, multiple-site maintenance, " said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group. "CB&I is proud of our relationship with APS, and we are committed to working with them to ensure the highest levels of performance, quality and safety."

About CB&I

CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. With 125 years of experience and the expertise of approximately 55,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com.

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