Shaw to Provide Maintenance and Modifications Services for Exelon's Fleet of 17 Nuclear Power Plants

The Shaw Group's Shaw Stone & Webster business unit has been awarded a maintenance and modifications services contracts to provide management and craft labour services for Exelon Generation Company, LLC's fleet of nuclear stations located in New Jersey, Pennsylvania and Illinois. Exelon Generation is a subsidiary of Exelon Corporation. The maintenance and modification services to be provided through 2011 may also include pipe fabrication, and construction services as may be requested by Exelon. The value of the Shaw's contract is up to approximately $700 million.

J.M. Bernhard, Jr., Chairman, President and Chief Executive Officer of Shaw, said, "We are very pleased to have been selected by Exelon to continue to provide maintenance and modification services to its nuclear fleet. This latest maintenance and modifications services contract strengthens our leadership position in the nuclear maintenance and modifications market. This award also validates the success of our commitment to safety, standardized work practices, and our ability to complete a wide range of nuclear maintenance work to meet nuclear outage schedules. We look forward to continuing to identify creative, effective solutions that benefit our clients."

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Posted 16/04/07

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