APR Energy suspends Libya generation

Power rental company APR Energy said it had temporarily suspended electricity generation in Libya, pending completion of a Libyan parliamentary review process.

In July this year, the company was awarded an extension to its 450 MW Libyan contract by its customer GECOL – prolonging the contract through to the first quarter of 2015. APR Energy said it was waiting for paperwork to be completed.

“The group is in the final stages of a multi-step confirmation process for the signed contract addendum, but has experienced continued delays in the final parliamentary review process,” it said, adding that it continued to have a good relationship with GECOL, which was working to help expedite completion.

“The group's plants remain on standby to begin dispatching power at normal contracted levels as soon as the matter is resolved,” APR Energy added.