APR Energy Signs New Contract to Supply Gas Turbine Power for Egyptian Industrial Plant
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JACKSONVILLE, Fla., July 2, 2015 /PRNewswire/ -- APR Energy plc (LSE: APR), a global leader in fast-track power solutions, today announces that it has signed a contract to provide a gas turbine power plant for an industrial customer in Egypt. The project, which is for a minimum of 12 months, has an estimated value exceeding $30 million.
APR Energy's plant will feature three GE aeroderivative mobile turbines that will run on clean-burning natural gas. The plant is expected to begin generation by Q1 2016.
"Our contract in Egypt is the result of many months of work and gives us a foothold in one of the largest markets in the region, supporting one of the country's most strategic industrial investments," said Laurence Anderson, APR Energy Chief Executive Officer.
Executive Chairman John Campion added, "The project builds upon our experience in the industrial space, diversifying our customer base and complementing the strong success that we have had in the utility segment."
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 Energy 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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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/apr-energy-signs-new-contract-to-supply-gas-turbine-power-for-egyptian-industrial-plant-300108040.html
SOURCE APR Energy
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