APR Energy PLC Renewal of 25MW US Virgin Island turbine contract
16 Dicembre 2014 - 9:00AM
RNS Non-Regulatory
TIDMAPR
APR Energy PLC
16 December 2014
16 December 2014
Renewal of 25MW US Virgin Islands turbine contract
Two-year contract extension adds to record renewals
APR Energy plc, a global leader in fast-track power solutions,
today announces that it has signed a two-year extension for its
25MW contract in the U.S. Virgin Islands, to run through late Q4 of
2016. The extension adds to APR Energy's record number of renewals
for the year, driving a success rate of over 90%.
APR Energy assumed the contract with the U.S. Virgin Islands
Water and Power Authority (WAPA) as part of its acquisition of GE's
power rental business in October 2013. The Group provides a turnkey
bridging power solution to WAPA, supporting the utility's strategic
system improvements as it converts to liquefied propane gas (LPG),
a lower cost fuel alternative. The GE TM2500 turbine provided by
APR Energy gives WAPA additional fuel flexibility, including the
ability to operate on the cheaper LPG fuel.
Tom Caldwell, APR Energy Managing Director, Americas, stated,
"We are very excited that our bridging solution continues to play a
key part of WAPA's long-term plans as it makes its system-wide
improvements. APR Energy appreciates the opportunity to continue
our strong relationship with WAPA and are proud to support its
efforts in providing lower cost solutions for the island's
ratepayers through our highly-efficient, mobile turbine
technology."
Enquiries:
APR Energy plc
Karen Menzel +44 (0) 777 590 6076
Capital MSL
Richard Campbell +44 (0) 20 3219 8800 / +44 (0) 7775 784 933
Richard Gotla +44 (0) 20 3219 8819 / +44 (0) 7904 122 207
About APR Energy
APR Energy is the world's leading fast-track mobile turbine
power business. We provide large-scale, fast-track power, providing
customerswith rapid access to reliable electricity when and where
they need it. APR combines state-of-the-art, fuel-efficient
technology with industry-leading expertise to provide turnkey power
plants that are rapidly deployed, customisable and scalable.
Serving both utility and industrial segments, APR Energy provides
power generation solutions to customers and communities around the
world, with an emphasis on Africa, the Americas, Asia-Pacific and
the Middle East. For more information, visit the Company's website
at www.aprenergy.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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