Kvaerner Awarded Contract From Calpine To Build Power Plant

Calpine Corporation has awarded Kvaerner, the Anglo-Norwegian engineering and construction group a contract worth US $190 million to construct a 750 MW electric power facility being developed at Calpine's Pastoria Energy Centre, located near Bakersfield, Kern County, California, USA, according to Kvaerner. Kvaerner will provide project management, supplementary engineering and procurement services. The facility is aimed for commercial operation in summer 2003.