APR Energy Announces 100MW Contract in Latin America and Additional Contract ExtensionsWednesday, May 23, 2012
For Immediate Release
APR Energy today announces that it has signed a new 100MW contract in Latin America to provide its fast-track, temporary power solutions. The agreement provides for dual-fuel gas turbines to address anticipated supply shortages and seasonal demand requirements for the customer. Pricing on the contract is consistent with APR Energy historic pricing levels.
The 100MW of dual-fuel turbines are being repositioned to Uruguay from a previously-announced 100MW award in Mexico, which is being replaced due to permitting delays on that project.
In addition, APR Energy announces that it has signed three contract extensions in Asia, Africa and the Latin America/Caribbean region totaling 160MW. This includes the continuation of 70MW of gas turbines in Japan, where APR Energy has been providing fast-track power solutions since the tragic Tohoku-Chihou-Taiheiyo-Oki Earthquake and associated tsunami in March 2011 that severely damaged Japan’s energy grid.
“This new deal, combined with the three contact extensions, was driven by our ability to offer our customers fast-track solutions that meet their specific technology needs and emissions requirements,” said APR Energy CEO, John Campion. “It is further testament to the opportunities and success we are seeing in our strategy to offer gas turbines in the temporary power marketplace.”