Thursday, Foster Wheeler, Ltd. (FWLT, FWLTW) announced that its Finnish subsidiary Foster Wheeler Energia Oy has been awarded a contract by Prokon Nord Energiesysteme GmbH for a 26 gross megawatt electric or MWe circulating fluidized-bed or CFB steam generator.
Foster said terms of the award were not disclosed, and the contract will be included in the company's bookings for the second quarter of 2008. The new biomass-fired CFB will be owned by A&S Energy and will be located in Oostrozebeke, Belgium. Foster will design and supply the steam generator and auxiliary equipment. Commercial operation of the new boiler is scheduled for the autumn of 2010.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.