2009-09-25 14:00:00 CEST

2009-09-25 14:02:10 CEST


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Pöyry - Company Announcement

PÖYRY AWARDED EUR 8 MILLION EPCM ASSIGNMENT FOR WASTE-TO-ENERGY PLANT IN FINLAND



PÖYRY PLC          Company Announcement 25 September 2009 at 3.00
p.m.

PÖYRY AWARDED EUR 8 MILLION EPCM ASSIGNMENT FOR WASTE-TO-ENERGY PLANT
IN FINLAND

Pöyry has signed a comprehensive EPCM (Engineering, Procurement and
Construction Management) services contract with Vantaa Energy Ltd for
a waste-to-energy plant to be built in Vantaa, Finland.

The value of the assignment is about EUR 8 million. The contract
covers a wide range of project services including project management,
procurement, design, engineering, construction management, site
supervision and commissioning services.

Vantaa Energy Ltd is one of Finland's largest municipal energy
utilities, producing and selling electricity and district heating.
The new plant will process 320 000 t/a of municipal waste, and
produce 67 MW of electric power and 100 MW of district heat. The
plant is scheduled to start operation in 2014. With the new plant,
Vantaa Energy's consumption of fuel coal will reduce by about 30 per
cent. This reduces green house gas emissions and helps mitigate
climate change. The total emissions of the company will reduce by
about 20 per cent compared to the situation today, and the amount of
municipal waste to be disposed at landfill will reduce significantly.

Pöyry provides sustainable energy solutions to meet global energy
demand. This assignment underlines Pöyry's position as the European
leader in waste management and waste-to-energy expertise and further
strengthens Pöyry's position as the leading provider of EPCM services
to the energy sector" comments Heikki Malinen, President and CEO of
Pöyry PLC.

Pöyry is a global expert in consulting, project management and
engineering. We offer our clients in-depth industry expertise,
innovative solutions and lifecycle engagement. Our knowledge extends
across hydropower, oil and gas, power and heat, renewable energy,
pulp and paper industry, chemical process industry, transportation,
water and environment, and construction services. We have about 7000
experts at our service in 49 countries.

PÖYRY PLC

Heikki Malinen
President and CEO

Teuvo Salminen
Deputy to President and CEO

Additional information by:
Patrick von Essen, President, Business Area Renewable Energy
tel. +358 40 583 0174
Kari Kuisma, President, Pöyry Energy Oy
tel. +358 400 704028

www.poyry.com

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NASDAQ OMX Helsinki
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