Shaw Adds Palisades Plant To Its Entergy Nuclear Maintenance Contract
BATON ROUGE, La.--(BUSINESS WIRE)--The Shaw Group Inc. (NYSE: SGR) announced today that the Maintenance Division of its Power Group has expanded its existing contract with Entergy Nuclear Operations, Inc., a subsidiary of Entergy Corporation (NYSE: ETR), to provide nuclear maintenance services at the 798-megawatt Entergy Palisades nuclear power plant near South Haven, Mich.
With the addition of the Entergy Palisades plant, Shaw now provides routine maintenance/modifications, refueling maintenance/modifications and capital construction services fleetwide for Entergy's 11 nuclear units at nine power stations. The value of Shaw's contract amendment, which has been included in the company's previously announced backlog of unfilled orders, was not disclosed.
"The addition of Palisades to our contract affirms the strength of our growing relationship with Entergy," said Ron McCall, president of Shaw's Maintenance Division. "Our fleetwide, safety-focused performance will further enhance Entergy's ability to meet its business objectives."
