NEW YORK and HOUSTON, April 9, 2009 (GLOBE NEWSWIRE)—PricewaterhouseCoopers LLP (PwC) has been awarded the initial planning and design phase of a major SAP-enabled business transformation project by the STP Nuclear Operating Company. PwC Advisory professionals will assist STP to plan and blueprint the replacement of more than 60 mission-critical, enterprise-wide legacy applications with the SAP ECC 6.0 platform and applications while improving and sustaining business performance. The scope of work includes replacement of virtually all of STP’s current business applications including Financials, Human Resource Management, Enterprise Asset Management (EAM) and Supply Chain Management (SCM), along with a number of specialized nuclear plant applications.

To help achieve this business and IT transformation, PwC will leverage their proprietary nuclear generation template and accelerators, based on over 11 years of experience implementing SAP in the nuclear industry. PwC’s consulting professionals in the utilities industry have a proven track record of successful SAP implementations into nuclear plants and helping to accelerate the realization of performance improvement benefits at nuclear facilities across North America.

“Replacing the legacy systems of STP with a process-driven SAP-based solution will help STP achieve a transformation in business process and performance that will support the company and provide a scalable platform for planned future units,” said David Etheridge, PricewaterhouseCoopers partner and U.S. Industry Leader - Utilities and Power Generation. “Our PwC consulting professionals are excited to team with STP and we look forward to working together to help plan and blueprint the transformation.”

The STP Nuclear Operating Company manages the South Texas Project nuclear power plant, a facility that has earned more honors than any other U.S. nuclear power plant. STP is a two-unit nuclear power plant that federal and industry officials have commended as a state-of-the-art and model facility. Its two reactors produce 2,500 megawatts of electricity, enough for more than one million homes and businesses in south central Texas.

“We selected PricewaterhouseCoopers to help us plan this important business transformation because they were uniquely qualified to deliver a team with experience in the nuclear power industry, equipped with a proven nuclear template for SAP and backed by PwC’s depth in risk management, change management and IT implementation and design,” said Mike Meier, STP Vice President, Shared Services. “We are confident that PwC will team with us to put quality and excellence at the forefront of this project.”

Terms of the contract were not disclosed.

About South Texas Project

STP supplies approximately 7.5 percent of the electricity used in Texas. The plant is managed by the STP Nuclear Operating Company and owned by Austin Energy, CPS Energy and NRG Texas. STP’s twin reactors produce 2,700 megawatts of carbon-free energy, powering more than two million homes and businesses throughout Texas. To learn more about STP, visit www.stpnoc.com 

About PricewaterhouseCoopers’ Advisory Practice

PricewaterhouseCoopers’ business advisory professionals provide clients with the confidence to succeed by helping them anticipate, create and manage change. Whether clients are proactively implementing change or reacting to an unplanned event, we leverage our network’s resources, deep industry experience, and functional acumen across the areas of operations, finance, organizational strategy and structure, process improvement, human resources effectiveness, technology integration and implementation, risk mitigation and crisis management to help organizations effect sustainable change.

About PricewaterhouseCoopers

PricewaterhouseCoopers (www.pwc.com)  provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 154,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

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