SOURCE: NAES Corporation

NAES Corporation

December 12, 2011 06:20 ET

NAES Operates 37 Gigawatts of Power Generation Assets Worldwide

ISSAQUAH, WA--(Marketwire - Dec 12, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- NAES Corporation (Issaquah, Washington), owned by ITOCHU Corporation, is moving forward with growth initiatives, including the recent Preferred Vendor Agreement with Fluitec International. With a portfolio of more than 122 power generation plants worldwide totaling about 37,000 MW, the Fluitec agreement will allow NAES to better serve plant owner's turbine oil management requirements.

NAES provides safe, reliable and cost-effective services to the power generation industry, including plant operations and maintenance; construction and maintenance services; on-site turbine inspection/overhaul services; staffing solutions; and customized services designed to improve plant and personnel effectiveness.

NAES recently signed an O&M agreement with MinnTex Power Holdings LLC for the 1,000-MW combined cycle Guadalupe Power Project in Marion, Texas. John Brewster, NAES President and CEO, said that "our 20-plus years of experience in Texas, operations of approximately 70 combined-cycle plants, the successful conduct of over 140 plant transitions, and our performance track record, were the major factors in our selection." He added that "we're pleased to add Guadalupe to our portfolio, and we will use our scale to drive value to MinnTex."

NAES Corporation will showcase its diverse services portfolio at the 2011 Power-Gen International Conference & Exhibition being held December 13-15, 2011, at the Las Vegas Convention Center in Las Vegas, Nevada. Find out how NAES can assist you with your next project. Visit the company at Booth 7008 at Power-Gen International 2011.

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