Aggreko PLC Aggreko to supply 200MW of power in Zimbabwe (3888V)
April 18 2016 - 2:00AM
UK Regulatory
TIDMAGK
RNS Number : 3888V
Aggreko PLC
18 April 2016
18 April 2016
Aggreko plc
Aggreko to supply 200MW of power in Zimbabwe
Aggreko plc is pleased to announce that its Power Solutions
business has signed a 3 year contract to provide 200MW of
diesel-fuelled power in Zimbabwe. Aggreko's customer is Sakunda
Holdings Pty Ltd (Sakunda) which has been awarded a contract with
the ultimate customer, Zimbabwe Electricity Supply Authority
(ZESA). Sakunda is responsible for the provision of fuel under the
terms of its contract with ZESA. As is normal, the contract becomes
effective once certain conditions are satisfied.
Chris Weston, Chief Executive, said:
"We are pleased with the award of this important contract. Our
operational flexibility and our ability to deploy large amounts of
equipment at short-notice, in particular our fuel efficient
engines, was critical to this award. We look forward to supporting
Sakunda and ultimately ZESA with their power needs over the coming
years."
Enquiries
Investors & Analysts
+44 7342 056
Tom Hull, Aggreko plc 727
Media
Liz Morley/Sam Cartwright, +44 20 3772
Bell Pottinger 2500
Notes to Editors
Aggreko plc is the leading global provider of modular, mobile
power and adjacent product solutions. Aggreko employs over 7,700
people operating from 204 locations. In 2015 we served customers in
about 100 countries, and had revenues of approximately GBP 1.6bn
(USD 2.6bn or Euros 2.0bn). Aggreko plc is listed on the London
Stock Exchange (AGK.L) and is headquartered in Scotland.
In the Rental Solutions business, we operate in developed
markets and develop solutions for, and rent our equipment to,
customers who then operate it for themselves, although we retain
responsibility for servicing and maintaining it. We operate across
all sectors in the market, but are heavily involved in oil and gas,
petrochemical and refining, mining and events.
In the Power Solutions business, we operate in emerging markets
as a power producer. We install and operate modular, mobile power
plants for both utility and industrial customers and we charge both
for providing the generating capacity, and for the electricity we
produce. In our Industrial business, as in Rental Solutions, we are
market leaders in oil and gas, petrochemical and refining and
mining, whilst our utility business helps countries solve their
power shortages.
We design and manufacture equipment specifically for these
requirements in our factory in Dumbarton, Scotland.
This information is provided by RNS
The company news service from the London Stock Exchange
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