APR Apr Energy

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RNS Number : 1932D

APR Energy PLC

26 March 2014

26 March 2014

APR Energy signs its largest industrial contract, using mobile turbine technology

to power mining operations in the South Pacific

APR Energy plc (LSE: APR), a global leader in fast-track power solutions, today announces the signing of a mobile gas turbine contract to provide fast-track power to an industrial customer in the South Pacific.

The plant will comprise mobile gas turbines producing a guaranteed 60MW and will power the customer's mining operations.

APR Energy's fuel-efficient mobile turbine plant was the customer's preferred solution, meeting strict EU emissions requirements and able to fit within the challenging space constraints at the mine site. APR Energy's plant will run on diesel and offers the flexibility to seamlessly switch to natural gas if needed.

The project adds to APR Energy's track record in the extractive industry sector that includes successful power projects in Mozambique, Guatemala, and Botswana. It is also the Group's second large-scale turbine project following its strategic alliance with GE and acquisition of the GE power rental business in October of last year. The plant is expected to begin operations in late Q2 2014 and is expected to run through to late 2015.

Commenting on the announcement, John Campion, APR Energy's Chief Executive Officer said: "We are very pleased to have signed our largest-ever contract in the industrial sector. This is the second contract for large-scale power that we have signed in the last month and, together with the Myanmar project announced in February, adds to the rapid growth we have achieved in the Asia Pacific region in recent months. This project reflects the versatility that mobile gas turbines offer our customers and shows that the technology can be applied to not only to utilities, but to industrial customers as well."

Clive Turton, APR Energy's Vice President of Asia Pacific said, "Our mobile turbine technology provides the customer with the best balance of emissions control, footprint and fuel efficiency, all critical factors in the choice of this particular customer. APR Energy aims to provide the broadest choice of generation technologies in our industry, and our projects in the region now feature mobile turbine plants, running on either natural gas or diesel, as well as gas reciprocating engine plants and diesel reciprocating engine plants."

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 
   Nick Bastin                  +44 (0) 20 3219 8814 / +44 (0) 7931 500 066 
   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 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, 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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