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Contract Win

17 Dec 2012 13:57

RNS Number : 7069T
APR Energy PLC
17 December 2012
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For Immediate Release

Date

APR Energy plc ("APR Energy")

APR Announces New 200MW Contract in Uruguay. Extension of Existing 100MW Contract

APR Energy, a global leader in temporary power solutions, today announces that it has signed a new 200MW contract in Uruguay to provide its fast-track, temporary power solutions. The agreement provides for dual-fuel gas turbines to address anticipated power needs for the customer. The initial term of the contract will run into mid-2014. APR Energy also announces that it has signed an extension to its existing 100MW contract with the customer, with the term to run into mid-2014.

This brings APR Energy's total new contract wins this year to 569MW and contract renewals of 724MW. The current order book (backlog of business) stands at over 12,175 MW-months.

John Campion, CEO said: "This new deal, together with the contract extension, is representative of the strong demand we continue to see across the temporary power market, particularly, in our key markets of Latin America, Africa, the Middle East and Asia. As seen with the Uruguay contract, a key growth driver continues to be demand for mobile gas turbines, for which we are well positioned as one of the world's largest providers."

Enquiries:

APR Energy +44 (0) 203 427 3747

Brian Gallagher +44 (0) 777 590 6076

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Citigate Dewe Rogerson Consultancy + 44 (0) 20 7638 9571

Anthony Carlisle + 44 (0) 7973 611 888

Lydia-Claire Halliday + 44 (0) 7866 617671

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About APR Energy

APR Energy specialises in the sale of reliable and efficient electricity through the rapid global deployment of customised, turnkey power solutions. APR's fast-track approach, flexible offerings, and comprehensive operation and maintenance services have established it as a leader in the utility and industrial segments. APR Energy provides its power generation solutions to customers and communities around the world, with an emphasis in Africa, South America, Central America, the Middle East and Asia. APR Energy also implements philanthropic initiatives at each plant location through its Community Development Programme, which aims to build and maintain close relationships with its neighbours through projects and donations in health and education.

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This information is provided by RNS
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