World’s Largest CFB Biomass Power Plant Now in Commercial Operation

ZUG, Switzerland–()–Foster Wheeler AG (Nasdaq: FWLT) announced today that the GDF Suez power plant located in Polaniec, Poland, is now in commercial operation, delivering over 200 MWe of electricity to the country’s electricity grid solely from biomass.

The plant is powered by the world’s largest and most advanced biomass CFB (circulating fluidized-bed) boiler, which was supplied by Foster Wheeler. CFB technology is capable of fully firing a wide range of biomasses and other fuels, including those derived from agricultural crops. “Agro” biomass can be produced much faster and on a larger scale than longer growth wood-based biomasses, thus improving the economics and sustainability of biomass power.

“The challenge has always been to design a boiler capable of reliably firing difficult-to-burn agro biomass while at the same time increasing steam temperatures to achieve high power plant efficiency,” said Jaroslaw Mlonka, President and Chief Executive Officer of Foster Wheeler Energia Polska. “This particular CFB incorporates many advanced design features that enable the Polaniec plant to achieve a net plant efficiency of over 36%, based on the fuels lower heating value, while firing solely biomass containing up to a 20% agro component.”

Mlonka further stated, “This Advanced Bio CFB — or ABC — is the largest and most advanced biomass CFB steam generator Foster Wheeler has ever supplied. Our goal for this project was to provide GDF Suez with a reliable, biomass-flexible boiler that would allow the client to build a high-efficiency green power plant – and we have achieved that objective.”

The Polaniec plant is owned and operated by GDF Suez, one of the leading energy producers in the world. The plant began commercial operation on November 15, 2012, six weeks ahead of schedule. Foster Wheeler provided a turnkey delivery of the boiler island and fuel yard, including design and supply of all steam generation and auxiliary equipment, civil work, erection and commissioning.

Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The company employs approximately 12,000 talented professionals with specialized expertise dedicated to serving its clients through one of its two primary business groups. The company’s Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, mining and metals, environmental, pharmaceuticals, biotechnology and healthcare industries. The company’s Global Power Group is a world leader in combustion and steam generation technology that designs, manufactures and erects steam generating and auxiliary equipment for power stations and industrial facilities and also provides a wide range of aftermarket services. The company is based in Zug, Switzerland, and its operational headquarters office is in Geneva, Switzerland. For more information about Foster Wheeler, please visit our Web site at www.fwc.com.

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Contacts

Foster Wheeler AG
Media Contacts:
Julie Stanisz, 908-730-4047
julie_stanisz@fwc.com
or
Jan Rogers, 908-713-3288
jan_rogers@fwc.com
or
Investor Relations
Scott Lamb, 908-730-4155
scott_lamb@fwc.com
or
Other Inquiries
908-730-4000
fw@fwc.com/Global Power Group

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