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Fluor Takes Loss on Huge Wind Farm

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

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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