Fluor Completes Construction of Third Major U.S. Transit P3 Commuter Rail Line in Denver

IRVING, Texas–(BUSINESS WIRE)–Fluor
Corporation
(NYSE: FLR) announced today that the Eagle P3 Commuter
Rail Project completed construction and opened the 11-mile Gold Line (G
Line) from Downtown Union Station to Wheat Ridge Station located in the
growing metro area of Denver. This milestone marks the third and final
commuter rail line opening for the Denver Regional Transportation
District (RTD), which in 2016 opened the University of Colorado A Line,
serving downtown Denver and Denver International Airport and the B Line
serving the historic center of Westminster to the dynamic Union
Station Transit Center
.


“Fluor is proud of the G Line opening as it signifies the completion of
Denver’s investment in key infrastructure improvements and increases
connectivity for commuters for generations to come,” said Terence
Easton
, president of Fluor’s infrastructure and power business. “The
Eagle P3 Project has empowered progress and transformed the Denver
economy with more than $2 billion in direct economic impact during
construction.”

Using the Design-Build-Finance-Operate-Maintain model, Denver Transit
Partners (DTP), a Fluor-led joint venture, has successfully operated the
University of Colorado A Line and B Line since 2016 with an on-time
performance rating of more than 97 percent. The University of Colorado A
Line recently celebrated 1,000 days of service and doubled its capacity
on the line as ridership continues to grow.

The Eagle P3 project is a public-private partnership that was awarded by
Denver’s RTD to Denver Transit Partners (DTP). DTP is comprised of
Fluor; John Laing plc; and Aberdeen Infrastructure Investments (No. 4)
USA LLC, Balfour Beatty Infrastructure, Inc., Alternative Concepts Inc.,
and Ames Construction. The DTP consortium will operate the A Line, B
Line and G Line for the 29-year contract agreement.

The Eagle P3 project is part of the RTD’s voter-approved FasTracks
program to build 122 miles of commuter rail and light rail, 18 miles of
bus rapid transit service, add 21,000 new parking spaces, redevelop
Denver Union Station and redirect bus service to better connect the
eight-county district. For more information, visit www.rtd-denver.com.

About Fluor Corporation

Founded in 1912, Fluor
Corporation
(NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that transforms the
world by building prosperity and empowering progress. Fluor serves its
clients by designing, building and maintaining safe, well executed,
capital-efficient projects around the world. With headquarters in
Irving, Texas, Fluor ranks 153 on the Fortune 500 list with revenue of
$19.2 billion in 2018 and has more than 53,000 employees worldwide. For
more information, please visit www.fluor.com
or follow Fluor on Facebook,
Twitter,
LinkedIn
and YouTube.

Contacts

Brian Mershon
Media Relations
469.398.7621

Jason Landkamer
Investor Relations
469.398.7222

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