Bechtel On Team Selected To Manage, Operate Doe´s National Renewable Energy Laboratory In Colorado

08 October 1998

Bechtel On Team Selected To Manage, Operate Doe´s National Renewable Energy Laboratory In Colorado

The NREL contract, which is valued at $800 million to $1 billion, runs for five years and includes an option for an additional five-year extension.
The team is lead by the Midwest Research Institute (MRI) of Kansas City, Missouri, and also includes the Battelle Memorial Institute of Columbus, Ohio.

"We are very excited with the opportunity to continue expanding Bechtel's high-technology endeavors by supporting DOE's important sustainable energy research and development mission," said Larry Papay, Senior Vice President and General Manager of Bechtel Technology & Consulting.
"Bechtel's 40-year-old research and development function has supported the corporation and external customers with the engineering and demonstration of advanced technology. More than 20 years of work in renewable energy for sponsors such as DOE have positioned Bechtel to win a role in actively managing DOE's research and development and to commercialize and deploy these technologies through our outstanding engineering know-how and global network."

NREL, which is located in Golden, Colorado, is the nation's premier laboratory for renewable energy research. Its mission is to lead the nation toward a sustainable energy future by developing and employing renewable energy technologies and by improving energy efficiency.
"Our team was able to offer a history of outstanding management and operation by MRI, along with the technology commercialization and deployment capabilities of Bechtel and the technological innovation experience of Battelle," said MRI President John McKelvey.

About Bechtel

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.


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