JACKSONVILLE, Fla.,
Dec. 16, 2014 /PRNewswire/
-- APR Energy plc (LSE: APR), 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."
About APR Energy
APR Energy is a global leader in large-scale, fast-track power
solutions, providing customers with 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, customizable, 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.
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SOURCE APR Energy