APR Energy wins €396 million Argentinean contracts
By Helen Wright20 June 2016
Temporary power provider APR Energy has been awarded two five-year contracts by the Argentinean Ministry of Energy and Mining to provide 350MW of generating capacity.
The contracts, worth over US$450 million (€396 million), will see a total of 14 of APR Energy’s dual fuel mobile gas turbines used across two sites.
“This is the largest single award in the history of APR Energy, and it is the result of having the best people and the best technology in our industry. I couldn’t be prouder of our team,” said chairman and CEO John Campion.
APR Energy has had a continuous presence in Argentina since 2008. The Company currently generates a combined 75MW of power at three sites: Formosa, Magdalena and Sáenz Peña.
With the 350MW in Argentina, APR Energy has been awarded more than 750MW of new business for 2016. It is also APR Energy’s fourth award in the past year for mobile gas turbines, including current projects in Egypt and Tasmania.
“Our Argentina award further demonstrates that turbines have a key place in the fast-track power market. They are the preferred technology of utilities and a solution that integrates well into their existing infrastructure,” Mr Campion said.