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- Fluor Corp (NYSE:FLR) has been awarded an engineering, procurement and construction management services contract for phase one of Northvolt’s large-scale lithium-ion battery factory in Heide, Germany, it said Thursday.
- Fluor (FLR) will recognize its undisclosed portion of the total $4.8 billion (€4.5 billion) project in the second quarter of 2024.
- Northvolt, headquartered in Sweden, manufactures batteries for consumer and industrial products, electric vehicles and solutions for energy storage systems.
- Fluor’s (FLR) scope of work includes construction of the utilities and chemical units for the greenfield campus; completion is scheduled for 2027.
- Source: Press Release