ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

APR Apr Energy

174.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Apr Energy LSE:APR London Ordinary Share GB00B58D4C52 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 174.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

APR Energy Commissions Gas Turbine Plant for Industrial Customer in Egypt

25/02/2016 5:02pm

PR Newswire (US)


Apr Energy (LSE:APR)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Apr Energy Charts.

JACKSONVILLE, Fla., Feb. 25, 2016 /PRNewswire/ -- APR Energy, a global leader in fast-track power solutions, announces today that it has commissioned its new power plant in Egypt. The plant will support development of a large-scale industrial complex being built for the Egyptian Ethylene and Derivatives Company (ETHYDCO), a manufacturer and leading provider of value-creating plastics and rubber products.

APR Energy

APR Energy's turnkey solution features three GE aeroderivative mobile gas turbines running on clean-burning natural gas, together with the associated balance of plant. As standard with its full-service package, APR Energy handled all design, installation and commissioning work for the plant, and will continue to manage all ongoing operation and maintenance. The plant will run for a minimum of 12 months.

"This is a major project for Egypt's growing industrial sector, and we are pleased to have APR Energy as our power generation partner," said ETHYDCO Chairman Abd-el Rahman Zeid. "Due to our need for a reliable and cost-efficient natural gas solution, their mobile gas turbines were the best fit to meet our critical electricity needs. We have been impressed with the speed and flexibility APR Energy has demonstrated in delivering our unique project requirements on time, and appreciate the responsiveness its people have shown during every stage of the process."

John Campion, APR Energy Chairman, said, "I want to congratulate our installation and commissioning team for safely and efficiently delivering our newest power plant on-time, per customer requirements. The project is significant in that it gives us a foothold in one of the largest markets in the region and supports one of Egypt's most strategic industrial investments. It also builds upon our experience in the industrial space, further diversifying our customer base and complementing the strong success that we have had in the utility segment."

Campion added, "APR Energy's Egyptian power plant exemplifies the use of mobile gas turbines as an affordable self-power solution for customers in energy-intensive industries such as petrochemicals, mining, EPC and oil and gas. Our turnkey solutions not only provide a highly-reliable source of power to keep critical operations running, but also enable customers to focus on their core business rather than worrying about power generation."

Click here to view a brief time-lapse video of the plant from ground breaking to commissioning.

About APR Energy

APR Energy is the world's leading provider of fast-track mobile turbine power. Our fast, flexible and full-service power solutions provide customers with rapid access to reliable electricity when and where they need it, for as long as they need it. Combining state-of-the-art, fuel-efficient technology with industry-leading expertise, our scalable turnkey plants help run cities, countries and industries around the world, in both developed and developing markets. For more information, visit the Company's website at www.aprenergy.com.

Logo - http://photos.prnewswire.com/prnh/20120207/FL48583LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/apr-energy-commissions-gas-turbine-plant-for-industrial-customer-in-egypt-300226335.html

SOURCE APR Energy

Copyright 2016 PR Newswire

1 Year Apr Energy Chart

1 Year Apr Energy Chart

1 Month Apr Energy Chart

1 Month Apr Energy Chart

Your Recent History

Delayed Upgrade Clock