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Contract Win

30th Sep 2010 07:00

RNS Number : 5776T
Aggreko PLC
30 September 2010
 



 

 

30 September 2010

Aggreko plc

 

Aggreko signs 2010 Asian Games contract

 

Aggreko, the global leader in the provision of temporary power and temperature control, is pleased to announce that it has signed contracts to provide temporary power generation services for the 2010 Asian Games and Asian Para Games. Both events will be staged in Guangzhou, China, with the Asian Games taking place from 12th - 27th November and the Para Games taking place from 12th - 19th December.

 

Aggreko will be providing around 65 megawatts of power generation and associated distribution to serve the needs of the 16 stadia and the International Broadcast Centre. It will also be providing power to support the opening and closing ceremonies. Aggreko will provide all aspects of the power packages, including design, mobilisation, installation, operation and maintenance. The estimated value of the contracts is US$30 million.

 

Rupert Soames, Chief Executive Officer, Aggreko plc, said: "The Asian Games, along with the Olympic Games and Football World Cup, are the world's largest sporting events and I am delighted to say that Aggreko has scored a 'hat-trick' by being selected to supply power to all of them. This success is the result of the talented team of events professionals we have brought together in Aggreko and the tens of millions of pounds we have invested to serve these large events."

 

Aggreko is the leader in power rental for the events industry and has provided turn-key power packages for the Olympic Games in Vancouver and Beijing, as well as other major sporting events such as the Football, Rugby and Cricket World Cups.

 

- Ends -

 

 

Enquiries to:

 

Rupert Soames / Angus Cockburn

Tel: 0141 225 5900

Aggreko plc

Neil Bennett / George Hudson

Tel: 020 7379 5151

Maitland

 

Editor's Notes

 

Aggreko plc is the world leader in the supply of temporary power and temperature control solutions. We employ over 4,000 people operating from over 133 locations. In 2009 we served customers in over 100 countries, and had revenues of approximately £1,023m. Aggreko plc is listed on the London Stock Exchange (AGK.L), is a member of the FTSE-100 index, and is headquartered in Scotland. For more information, please visit the company website at www.aggreko.com.

 

Aggreko provides power and temperature control solutions to customers who need them either very quickly, or for a short length of time. Examples would be the supply of power to an industrial site which needs to service its permanent power supply, supplying a whole city in times of power shortage, or providing a major sporting event with power and cooling systems. We serve our customers either through 120 service centres, which we call the Local Business, or globally through our International Power Projects business. In the Local business, which accounts for about half our revenues, we hire our equipment to customers, who then operate it for themselves, although we retain responsibility for servicing and maintaining it. In the International Power Projects business, which also accounts for about half of our revenues, we operate as a power producer. We install and operate power plants and we charge our customers both for providing the generating capacity, and for the electricity we produce. We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.

 

Recent customers include the 2010 FIFA World Cup, the Vancouver 2010 Winter Olympics, and the power utilities in over 50 countries including the UK, France, Angola, Kenya, Indonesia, Venezuela, Chile, Brazil and the USA.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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