HOUSTON, July 1, 2013 /PRNewswire/ -- Dresser-Rand Group Inc. (DRC) ("Dresser-Rand" or the "Company") (NYSE: DRC) announced today that it received a project award from Apex Compressed Air Energy Storage, LLC ("Apex") for the supply of equipment to be used in a new 317 MW compressed air energy storage ("CAES") facility to be constructed near Tennessee Colony, Texas in the Electric Reliability Council of Texas ("ERCOT") market. The Apex Bethel Energy Center would be the first CAES facility to be built in the United States since the Power South facility in McIntosh Alabama, which was built in 1991 and also contains Dresser-Rand turbo machinery. The...
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