May 15, 2009 (FinancialWire) — Fluor Corp. (NYSE: FLR) has formed a dedicated business line within its power group to focus on global renewable energy needs specifically for clients in the solar, wind and biomass sectors.

The company said the additional business line is “a perfect complement” to its existing nuclear, gas fueled, solid fueled and air quality control offerings.

Fluor’s renewables business line is led by Brad Friesen, the former head of the company’s gas fueled business line. Friesen reports directly to Dave Dunning, president of Fluor’s power group. The company will utilize its Irvine, Calif. and Asturias, Spain offices to address client needs around the world.

Irving, Texas-based Fluor provides capabilities in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Fluor reported revenues of $22.3 billion in 2008.

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