SHAWGROUPAR2000

This document discusses The Shaw Group's annual report for 2000. Some key points: - Shaw acquired Stone & Webster, strengthening its presence in the global power industry. - Shaw formed a joint venture with Entergy called EntergyShaw to build combined-cycle power plants. - Shaw is well positioned for continued growth due to increasing demand for new power generation capacity over the next 20 years. Approximately 90% of new capacity is expected to be combined-cycle or combustion turbine technology. - At the end of 2000, Shaw's backlog reached over $1.9 billion, with 67% from power generation projects. This positions Shaw well to benefit from the build-up of power generation infrastructure.