Wärtsilä to supply two power plants to an Investor Owned Utility in the USA

Wärtsilä to supply two power plants to an Investor Owned Utility in the USA

ID: 545839

(Thomson Reuters ONE) -


Wärtsilä Corporation, Press release, 1 June 2017 at 1 pm EET

The technology group Wärtsilä will supply two power plants having a total gross
capacity of 188 MW to an Investor Owned Utility in the USA. The contract is
contingent upon receipt of regulatory approvals and covers the engineering and
equipment (EEQ) delivery for the two plants, both using natural gas as fuel. The
equipment will be delivered in 2018, and the plants are scheduled to be
operational in 2019. The order, valued at approximately EUR 80 million, is
booked for the second quarter of 2017.

The power plants will provide reliable and affordable electricity for some
40,000 residential and business consumers. The power plants, both featuring
Wärtsilä 50SG engines, will also help to offset a loss in generating capacity
caused by the scheduled retirement of a local coal-fired plant. The switch from
coal to Wärtsilä power plant running on clean natural gas will enable
significant reductions in greenhouse gas emissions.

After major contracts signed with the cities of Denton and Tallahassee over the
past 12 months, Wärtsilä continues to grow its footprint in the USA. The current
installed base, including projects under construction, is more than 3,000 MW.
Globally, Wärtsilä's installed power plant base is 63 GW in 176 countries.

For further information please contact:

Mikael Backman
Regional Director, US & Canada
Wärtsilä Energy Solutions
Tel: +1 281 2242920
mikael.backman(at)wartsila.com

Kristian Mäkelä
Director, Sales & Marketing
Wärtsilä Energy Solutions
Tel: +358 40 1483565
kristian.makela(at)wartsila.com



Wärtsilä Energy Solutions in brief
Wärtsilä Energy Solutions is a leading global systems integrator offering a
broad range of environmentally sound solutions. Its offering includes ultra-




flexible internal combustion engine based power plants and utility-scale solar
PV power plants, as well as LNG terminals and distribution systems. The flexible
and efficient Wärtsilä solutions provide customers with superior value and
enable a transition to a more sustainable and modern energy system. As of 2017,
Wärtsilä has 63 GW of installed power plant capacity in 176 countries around the
world.
www.smartpowergeneration.com

Wärtsilä in brief
Wärtsilä is a global leader in advanced technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation and total efficiency, Wärtsilä maximises the environmental and
economic performance of the vessels and power plants of its customers. In 2016,
Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000
employees. The company has operations in over 200 locations in more than 70
countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Wärtsilä Oyj Abp via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 01.06.2017 - 12:00 Uhr
Sprache: Deutsch
News-ID 545839
Anzahl Zeichen: 3537

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"Wärtsilä to supply two power plants to an Investor Owned Utility in the USA"
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Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

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