Aggreko
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ArticleAggreko makes big South American acquisition
Aggreko is to buy Poit Energia, a major power renter in Brazil, Chile, Argentina and Peru for R$404 million (£140 million), with an additional payment of up to R$60 million (£21 million) if targets are met this year.
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Aggreko ups investment after strong start to 2012
Aggreko is to spend £350 million on expanding its power rental fleet in 2012 - £30 million more than previously announced - after posting yet another set of good financial results and in expectation of "strong growth" in the first half of this year.
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Aggreko switches Bangladesh plant to natural gas
Aggreko is to convert its 145 MW diesel temporary power plant in Ghorashal, Bangladesh into a natural gas plant. The change, agreed with client Bangladesh Power Development Board (BPDB), will extend the contract period to 2015 and increase its value by US$100 million.
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Aggreko positioned for 'strong second half'
Aggreko said both its international power projects and local business divisions delivered good growth in the first half of the year, with revenues up 21% after excluding the impact of one-off major events in the same period in 2010.
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Ex-Aggreko chairman joins Speedy as non-executive director
Dr Chris masters, the former executive director of power rental leader Aggreko has joined Speedy Hire as a non-executive director, effective on 13 July.
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APR Energy gets growth funds after private equity sale
UK private equity company Horizon Acquisition has bought the US-based power rental company APR Energy for US$855 and said it will provide around $275 million to fund expansion.
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Aggreko wins 100MW contract and ups investment again
Two days after issuing a positive trading statement Aggreko has announced a further major contract win, to provide 100 MW of emergency power in Tanzania for 12 months.
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Aggreko to supply 200MW of power for Japan
Aggreko is to establish a temporary 200 MW power plant in Japan following the earthquake and tsunami in the country.
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Aggreko signals readiness to help in Japan
Aggreko said it is ready to help Japan in the aftermath of last Friday’s earthquake and tsunami.
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Aggreko to make record £320m investment in 2011
Aggreko is to invest a record high of £320 million in its fleet in 2011 following another year of revenue and profit growth. Sales for 2010 grew by 20.1% to £1.23 billion and trading profit by 23.3% to £314.5 million.
