Iowa Generation for Iowans: Interstate Power and Light Company announces a $10-12M million partnership with Emerson Process Management
Marshalltown’s Fisher valve division to be key supplier to proposed generating station project
Interstate Power and Light Company (IPL), an Alliant Energy Company (NYSE: LNT) and Emerson Process Management, a business group of Emerson (NYSE: EMR), today announced a long-term partnership agreement related to the construction of the proposed Sutherland Generating Station Unit 4. Under the IPL-Emerson agreement, Emerson Process Management will provide Fisher® control valves and instrumentation, along with its Ovation® control system and Rosemount® instruments.
“We are proud that IPL has selected Emerson’s technologies and control products for the new generating facility,” said Terry Buzbee, president of Emerson’s Marshalltown-based Fisher valve division. “We believe that their decision is well-founded as Emerson control systems are installed in plants that today provide 40 percent of the average peak demand in the United States. In fact, over the past 18 months Emerson has been selected to supply its technology-leading control systems for 12, new U.S. coal-fired units.”
“The proposed Sutherland Generating Station Unit 4 will be significant to Emerson operations in Marshalltown,” Buzbee stated. “Not only will the Fisher valve division be a key supplier to the project, in turn the facility’s generating systems will support our advanced technology center by supplying the high pressure and temperature steam that we require for ongoing research and development activities.”
“Additionally, the generating station’s ability to supply increased electrical energy will be of great significance to Marshalltown as Emerson considers potential sites for its worldwide information technology operations,” Buzbee explained.
“Our company is extremely pleased to partner with Emerson Process Management on this project,” stated Tom Aller, President of IPL. “This generating station will be built for the benefit of Iowans, using technology and equipment produced in Iowa. Emerson Process Management is a recognized leader in providing complete control solutions to many different industries, including the utility industry. It is the right decision to utilize Emerson Process Management’s products and technology in our facility in Marshalltown. We look forward to fostering this long-term partnership as it serves as a perfect example of Iowa’s current and potential economic development opportunities.”
In January 2007, IPL announced its Energy for a New Generation plan. The generation plan includes IPL and its partners’ addition of the Sutherland Generating Station Unit 4, which will provide enough energy to power approximately 472,500 homes and businesses when operational.
Sutherland Generating Station Unit 4’s design is a hybrid technology that will allow the burning of agriculturally-related products. The facility will support Iowa’s growing renewable energy economy by utilizing switch grass, corn stalks or other similar agriculturally based products as fuel, reducing the amount of coal burned at the facility.
The facility’s super-critical pulverized boiler technology will maximize operating efficiency, resulting in significant reductions in emissions for each megawatt of energy produced when compared to older boiler technologies that are currently deployed at other generating facilities in Iowa.
About Alliant Energy
Alliant Energy is an energy-services provider with subsidiaries serving approximately 1 million electric and over 420,000 natural gas customers. Providing its customers in the Midwest with regulated electric and natural gas service is the company’s primary focus. Interstate Power and Light, the company’s Iowa utility subsidiary, serves 538,000 electric and 239,000 natural gas customers. Alliant Energy, headquartered in Madison, Wis., is a Fortune 1000 company traded on the New York Stock Exchange under the symbol LNT. For more information, visit the company’s Web site at www.alliantenergy.com.
About Emerson Process Management
Emerson Process Management (www.emersonprocess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the power, water and wastewater treatment, chemical, oil and gas, refining, pulp and paper, food and beverage, life sciences, and other industries.
Emerson Process Management brands include PlantWeb®, Ovation®; SmartProcess®; Fisher®; Micro Motion®; Rosemount®; Mobrey®, Daniel®, Bristol®, DeltaV™; and AMS™ Suite.
Emerson (NYSE: EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2007 were $22.6 billion. For more information, visit www.Emerson.com.
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