Wärtsilä to deliver its largest power plant project ever - close to EUR 200 million order from Brazil
(Thomson Reuters ONE) -
Wärtsilä Corporation, Company Announcement, 14 May 2010, at 9:00 am (EET)
Wärtsilä, a leading global supplier of decentralised power plant solutions, has
been awarded a major contract for building a power plant in Brazil. This turnkey
contract is valued at close to EUR 200 million and the plant will have an
electrical output of 380 MW. The order is taken into Wärtsilä's order book
during the second quarter 2010. Commercial operation of the power plant is
scheduled for January 1, 2012. This project represents the largest power plant
ever built by Wärtsilä anywhere in the world.
The order has been placed by Energética Suape II SA, a company jointly owned by
CIBE Participação SA and Petrobras. An Operations and Maintenance (O&M) contract
is also under negotiation between Wärtsilä and the customer.
"The high overall efficiency of the Wärtsilä engines, together with the
company's ability to provide a total power solution, including operation and
maintenance if required, were key factors in us selecting Wärtsilä. Furthermore,
as Wärtsilä already has a number of large power plants in the area, the company
can readily deliver us strong local support," explains Mr. Wilson Brasil,
President of Energética Suape II SA.
The plant will be powered by Wärtsilä 20V46 generating sets, running on heavy
fuel oil. The electricity will be fed to the national grid to supplement the
country's primarily hydropower generation, which is subject to seasonal
fluctuations. Hydro power accounts for some 90 percent of Brazil's electricity
production. The customer's specific requirements are for a power plant capable
of providing fast response to the changing grid load needs. Wärtsilä's flexible
solution is ideally suited for this kind of application.
The new power plant will be built in the Suape industrial district of the town
of Cabo in the province of Pernambuco, North Eastern Brazil. Wärtsilä has
delivered or has under construction a total of 22 power plants in Brazil. These
power plants, together this new order, will produce a combined generating
capacity of more than 2000 MW.
For further information, please contact:
Mr Vesa Riihimäki
Group Vice President
Wärtsilä Power Plants
Tel: +358 40 50 45929
vesa.riihimaki(at)wartsila.com
Mr Atte Palomäki
Group Vice President, Communications & Branding
Wärtsilä Corporation
Tel: +358 40 547 6390
atte.palomaki(at)wartsila.com
For investor information, please contact:
Ms Josephine Mickwitz
Director, Investor Relations
Wärtsilä Corporation
Tel: +358 400 784 889
josephine.mickwitz(at)wartsila.com
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers. In 2009, Wärtsilä's net sales
totalled EUR 5.3 billion with more than 18,000 employees. The company has
operations in 160 locations in 70 countries around the world. Wärtsilä is listed
on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com
[HUG#1415826]
Unternehmensinformation / Kurzprofil:
Datum: 14.05.2010 - 08:01 Uhr
Sprache: Deutsch
News-ID 20898
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