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11 Sep 2015 07:00
11 September 2015
APR Energy successfully removes all remaining assets from Libya
APR Energy (LSE: APR) or ("The Company"), a global leader in fast-track power solutions, today announces that it has successfully demobilised and removed all of its remaining assets from Libya. The Company's operations in the country ended in January 2015, following an inability to gain ratification of its contract with the Libyan government.
The final shipment comprised four mobile turbines, transformers, balance-of-plant equipment and spare parts.
"I am extremely proud of the tremendous effort made by our operations team to remove all of our assets from Libya," said Chief Executive Officer Laurence Anderson. "We now are focused on redeploying these assets to new opportunities in our pipeline and building on the initial success we have had in placing some of this equipment in a new plant in Botswana and an expansion of our Senegal project."
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Enquiries:
APR Energy plc
Lee Munro (investors) + 1 904 404 4576
Manisha Patel (investors) + 1 904 517 5135
Alan Chapple (media) + 1 904 223 2277
CNC Communications
Nick Bastin +44 (0) 20 3219 8814 / +44 (0) 7931 500 066
Michael Kinirons +44 (0) 20 3219 8803 / +44 (0) 7827 925 090
About APR Energy
APR Energy is the world's leading provider of fast-track mobile turbine power. Our fast, flexible and full-service power solutions provide customers with rapid access to reliable electricity when and where they need it, for as long as they need it. Combining state-of-the-art, fuel-efficient technology with industry-leading expertise, our scalable turnkey plants help run cities, countries and industries around the world, in both developed and developing markets. For more information, visit the Company's website at www.aprenergy.com.
Certain statements included in this announcement constitute, or may constitute, forward-looking statements. Any statement in this announcement that is not a statement of historical fact (including, without limitation, statements regarding the Company's future expectations, operations, financial performance, financial condition and business) is or may be a forward-looking statement. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forward-looking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. Although any such forward-looking statements reflect knowledge and information available at the date of this announcement, reliance should not be placed on them. Without limitation to the foregoing, nothing in this announcement should be construed as a profit forecast.
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