The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAGK.L Share News (AGK)

  • There is currently no data for AGK

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TOP NEWS: Aggreko Up For Talks For Over 100MW Of Power In Brazil

Tue, 07th Jun 2016 14:36

LONDON (Alliance News) - Aggreko PLC, the FTSE 250 temporary power company, on Tuesday said its Power Solutions business has been selected to enter contract negotiations to provide in excess of 100 megawatts of diesel-fuelled power in Brazil.

Aggreko's customer will be Amazonas Energia and the contract period is 15 years, servicing multiple communities in the state of Amazonas, the company said in a statement.

The company said it is responsible for fuel supply. Contract delivery should, subject to completion of the contracting process, begin during 2017.

Aggreko expects the contracting process to begin shortly and "has taken this step of disclosing our interest in this contract in response to local press speculation".

"We are pleased to have been selected to negotiate with Amazonas Energia. Our abilities to deploy our equipment in remote areas of the Amazon region, along with the fuel efficiency of our diesel engines, were critical to this competitive tender process. We look forward to discussions with Amazonas Energia to conclude contract negotiations and providing power where it is critically required," Nicolas Fournier, managing director of Aggreko Power Solutions, said in a statement.

Shares in Aggreko were up 2.3% 1,192.00 pence on Tuesday.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2016 Alliance News Limited. All Rights Reserved.

More News
9 Dec 2022 10:27

Aggreko to buy Crestchic in £122m deal

(Sharecast News) - Temporary power supplier Aggreko said on Friday that it has agreed to buy specialist equipment provider Crestchic in a £122m deal.

Read more
6 Aug 2021 18:20

IN BRIEF: Edinburgh court sanctions Albion's takeover of Aggreko

IN BRIEF: Edinburgh court sanctions Albion's takeover of Aggreko

Read more
2 Aug 2021 10:07

Albion puts in place financing for GBP2.32 billion Aggreko acquisition

Albion puts in place financing for GBP2.32 billion Aggreko acquisition

Read more
8 Jul 2021 21:32

IN BRIEF: Aggreko takeover clears antitrust and regulatory hurdle

IN BRIEF: Aggreko takeover clears antitrust and regulatory hurdle

Read more
26 May 2021 11:15

TOP NEWS: Carlyle offers GBP958 million for asthma drug maker Vectura

TOP NEWS: Carlyle offers GBP958 million for asthma drug maker Vectura

Read more
13 May 2021 16:07

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
30 Apr 2021 16:16

EXECUTIVE CHANGES: Prudential names board of Jackson Financial

EXECUTIVE CHANGES: Prudential names board of Jackson Financial

Read more
28 Apr 2021 15:30

EXECUTIVE CHANGES: Ex-Coca-Cola exec, Cafe Rouge founder for Deliveroo

EXECUTIVE CHANGES: Ex-Coca-Cola exec, Cafe Rouge founder for Deliveroo

Read more
26 Apr 2021 17:02

IN BRIEF: Aggreko gains shareholder approval for Albion takeover

IN BRIEF: Aggreko gains shareholder approval for Albion takeover

Read more
21 Apr 2021 22:05

PRESS: Aggreko deal on rocks as shareholder Liontrust wobbles

PRESS: Aggreko deal on rocks as shareholder Liontrust wobbles

Read more
21 Apr 2021 19:06

Aggreko's takeover deal in doubt after Liontrust opposition -Sky News

April 21 (Reuters) - Equipment rental company Aggreko's 2.3 billion pound($3.20 billion) takeover by private equity firms is in doubt because its biggest shareholder Liontrust Asset Management plans to oppose the deal, Sky News reported https://b...

Read more
19 Apr 2021 16:03

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
15 Apr 2021 14:58

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
18 Mar 2021 11:10

Aggreko outgoing Chair Hanna to remain until takeover completion

Aggreko outgoing Chair Hanna to remain until takeover completion

Read more
8 Mar 2021 13:00

Monday broker round-up

(Sharecast News) - Entain: Numis upgrades to add with a target price of 1,675p.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.