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2008-04-03 10:15:00 CEST 2008-04-03 10:15:24 CEST REGLAMENTUOJAMA INFORMACIJA Wärtsilä - Company AnnouncementWärtsilä delivers two power plants to Brazil at value of EUR 188 millionWärtsilä Corporation, Company Announcement, 3 April 2008, at 11.15 am (EET) Wärtsilä has in March signed agreements for two turnkey power plants to two Brazilian power producers at the end of March. The combined value of the orders is EUR 188 million. The power plants are expected to be fully operational at the beginning of 2010."Important factors in Wärtsilä winning these contracts were the high total efficiency provided by Wärtsilä's engines and our ability to provide a total power solution including turnkey delivery and full operations and maintenance of the plants after delivery. Furthermore, as Wärtsilä already has a number of large power plants in Brazil, the company can readily deliver strong local support," says Robson Campos, Regional Director, Wärtsilä Power Plants in Brazil. The value of the power plant for Borborema Energética SA, a Brazilian independent power producer, is close to EUR 100 million. The power plant will have 164 MW of net electrical generation. A full operations and maintenance (O&M) agreement is also under negotiation. The second order, the value of which is EUR 88 million, is from Termelétrica Viana SA. The power plant will have 170 MW of net electrical generation. Wärtsilä has also signed a full O&M agreement to operate and maintain the Viana plant for 10 years after its completion. To date Wärtsilä has designed, projected and installed sixteen power plants in Brazil. These new orders will, together with the existing power plants, produce a combined generating capacity of more than 1100 MWe. For further information please call: Mr Christoph Vitzthum, Group Vice President, Wärtsilä Power Plants tel +358 10 709 5670 Mr Robson Campos, Regional Director, Power Plants, Wärtsilä Brazil tel +55 21 2223 2939 Mr Atte Palomäki, Group Vice President, Corporate Communications tel +358 10 709 5599 Wärtsilä in brief Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 16,000 professionals manning 150 Wärtsilä locations in 70 countries around the world. Wärtsilä is listed on The Nordic Exchange in Helsinki, Finland. www.wartsila.com |
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