TIDMAPR

RNS Number : 1338H

APR Energy PLC

17 June 2013

Monday, 17(th) June 2013

APR Energy plc ("APR Energy")

APR Energy Announces 200MW Expansion of Contract in Libya

APR Energy, a global leader in fast-track power, today announces a 200MW expansion of its original 250MW contract in Libya, making it the single largest contract ever signed in the fast-track power industry.

The expansion, which brings the contracted total generation capacity to 450MW, supplements the 250MW of mobile gas turbines originally contracted.

The turnkey power solution will help cover anticipated power demand during the critical summer high heat season, as well as provide interim power while the country continues to rebuild and improve its infrastructure.

This brings APR Energy's total new contract wins this year to 553MW. This compares with 569MW of contract wins in the whole of 2012. The current order book (backlog of business) stands at over 14,823 MW-months, up 28% from 31 Dec 2012.

John Campion, CEO said, "The expansion of the Libya contract is a result of the strong confidence our customer has in APR Energy's ability to rapidly deliver and execute the large-scale power it requires. The expanded 450MW project in Libya, together with the recent implementation of our 300MW project in Uruguay, aligns with APR Energy's goal to be the industry leader for large-scale, fast-track power projects."

Enquiries:

   APR Energy                                                   +44 (0) 203 427 3747 
   Brian Gallagher                                               +44 (0) 777 590 6076 
   Citigate Dewe Rogerson Consultancy      + 44 (0) 20 7638 9571 
   Anthony Carlisle                                              + 44 (0) 7973 611 888

About APR Energy

APR Energy specialises in the sale of reliable and efficient electricity through the rapid global deployment and installation of scalable turnkey power solutions. APR Energy's solutions, coupled with comprehensive operation and maintenance services and flexible commercial terms, have established it as a leader in its industry. Serving both utility and industrial segments, APR Energy provides power generation solutions to customers and communities around the world, with an emphasis on Africa, Latin America, the Middle East, and Asia. APR Energy also implements philanthropic projects at each plant location through its Community Development Programme, which aims to build and maintain close relationships with its neighbours through projects focused on health, education, and infrastructure.

This information is provided by RNS

The company news service from the London Stock Exchange

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