Fluor Takes Loss on Huge Wind Farm

October 20, 2010

Fluor Corp. has built many complex structures but its first offshore wind farm project isn’t going well.

The Irving, Texas-based contractor will report quarterly earnings Nov. 4 and will take a $163-million write-off in its third-quarter earnings because of unexpected complications in building the 504-MW Greater Gabbard wind farm off the coast of England.

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--Engineering News Record

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