Thermal Engineering International to Convert Condensers for Texas Power Plants

January 20, 2009

Danvers, MA – Babcock Power Inc. (BPI), based in Danvers, MA announced today that its subsidiary, Thermal Engineering International (USA) Inc. (TEi), located in Santa Fe Springs CA, has received a contract from Zachry Industrial, Inc. to convert existing condensers, previously utilized in a fossil fueled boiler application, for use in Topaz Power Groups’ new combined cycle power plants known as the Barney Davis and Nueces Bay Energy Centers.

TEi’s scope includes the modification of existing condensers, complete with on-site installation of the modifications. Major modifications include replacement of titanium tubes, new steam bypass lines, LP steam admission line, cathodic protection systems, new vacuum deaerators and main vacuum pumps. TEi integrates the latest welding, engineering design, manufacturing, and testing techniques, to produce condensers with superior mechanical design that offer maximum thermal efficiency and reliability.

The Barney Davis and Nueces Bay Energy Centers will replace existing fossil units, fired by natural gas and oil, at the Corpus Christi, Texas power stations with highly-efficient combined-cycle facilities. The facilities will be rated at 679 MW and 677 MW peak capacities, respectively. Both plants are expected to begin commercial operation in 2010.

Jon Koenig, President of Thermal Engineering International (USA) Inc., stated that, “heat transfer equipment conversions demand a high level of expertise in both thermal and mechanical design as well as extensive knowledge of condenser operational performance. We are pleased that Zachry selected TEi for this project that will provide clean, efficient, reliable power for the residents of south Texas.”

Company Overviews
Zachry is a privately held company founded in 1924. The company’s list of experience has led to more than 5,500 completed projects in the United States and abroad. The San Antonio-based organization has grown to include nearly 20,000 employees and more than 30 million work hours per year.

Topaz Power Group is a Texas-based independent power producer owned by Carlyle/Riverstone Holdings. Originally formed in 2004 with the acquisition of nine power plants in Texas, Topaz focuses on the development, operation, and asset management of power generation assets in Texas and across the U.S. Topaz Power Group currently owns and manages three power plants in Texas and manages a biomass, cogeneration facility in North Carolina.

Babcock Power Inc.,, through its subsidiaries, is one of the world’s leading suppliers of technology, equipment, and services to the power generation industry. Babcock Power subsidiary companies include; Vogt Power International Inc. (Louisville, KY), Thermal Engineering International (USA) Inc. (Santa Fe Springs, CA), Babcock Power Environmental Inc., Riley Power Inc. and Babcock Power Services Inc. (Worcester, MA), Boiler Tube Company of America (Lyman, SC), and TEi Construction Services, Inc. (Duncan, SC).