CB&I Announces Contract Orders for Nuclear Power Plant Modifications and Upgrades
CB&I (NYSE:CBI) announced it has been awarded contract orders by Entergy Operations, Inc. valued in excess of $100 million for project and construction management services related to the implementation of Nuclear Regulatory Commission (NRC) ordered modifications and upgrades at multiple nuclear energy facilities throughout the U.S.
"These contract orders underscore CB&I's expertise and capabilities in both nuclear maintenance and construction as well as our commitment to the nuclear power business," said Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group.
Since the Fukushima Daiichi nuclear incident in 2011, the NRC has required U.S. nuclear plants to evaluate and upgrade equipment and safety plans to reduce the likelihood of damage from overheating and containment failure in the event of a complete loss of power.
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.
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