LONDON, UK, April 13, 2022 /CNW/ - APR Energy Ltd. ("APR
Energy"), a wholly-owned subsidiary of Atlas Corp. ("Atlas") (NYSE:
ATCO), announced today that it has extended its previously
announced 12-month gas generation contract in Brazil to a 226 MW 44-month contract. The
extension furthers APR Energy's growth strategy of providing
longer-term energy capacity solutions.
"Extending this contract demonstrates our customer's confidence
in APR Energy's consistent operational excellence. APR Energy is
developing a track record of meeting the growing demand for
deploying proven and highly reliable gas turbines on long-term
contracts. By extending this contract, APR is securing longer-term,
predictable cash flow and optimizing its turbine utilization," said
Ben Church, CEO, APR Energy.
APR Energy has deployed short- and long-term power projects in
35 markets around the world over the past 15 years. This is APR
Energy's first project in Brazil.
About APR Energy
APR Energy provides rapidly deployable power and long-term
generation solutions to governments, utilities, and industries
around the world. For more information visit
aprenergy.com.
About Atlas
Atlas is a leading global asset management company,
differentiated by its position as a best-in-class owner and
operator with a focus on disciplined capital deployment to create
sustainable shareholder value. We target long-term, risk-adjusted
returns across high-quality infrastructure assets in the maritime
sector, energy sector and other infrastructure verticals. For more
information visit atlascorporation.com
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SOURCE Atlas Corp.