EANS-News: ANDRITZ receives hydropower refurbishment contract in Canada
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Graz - October 31, 2017. International technology group ANDRITZ has received a contract from SaskPower, the leading utility company in the Canadian province of Saskatchewan, to refurbish the E.B. Campbell hydroelectric power station on the Saskatchewan River. The contract value amounts to over 90 million euros. ANDRITZ will refurbish six of the eight units at the power station, which was originally commissioned in 1963. The other two units were already refurbished by ANDRITZ eight years ago. The scope of work includes model testing and the replacement of six Francis turbine generator sets, including auxiliaries as well as mechanical and electrical balance of plant. The Francis runners will have a diameter of 4 meters and generate 35 MW each at a rated head of 32 m. The first unit will be dismantled in August 2019 and put back into operation in July 2020. The remaining five units will follow at a rate of one per year until 2025. This is the biggest hydropower refurbishment contract to date for ANDRITZ in Canada and once again strengthens ANDRITZ's favorable market position in the large Canadian hydropower market. - End - Press release and photo available for download Press release and photo are available for download at http://www.andritz.com/ news [http://www.andritz.com/news?utm_source=GR-press-release]. The photo may be published free of charge if the source is stated: "Photo: SaskPower". The ANDRITZ GROUP ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors as well as for animal feed and biomass pelleting. Other important business segments include automation and service business. In addition, the international Group is also active in the power generating sector (steam boiler plants, biomass boilers, recovery boilers, and gasification plants) and in environmental technology (flue gas cleaning plants) and offers equipment for the production of nonwovens, dissolving pulp, and panelboard as well as recycling plants. The publicly listed technology Group is headquartered in Graz, Austria, and has a staff of approximately 25,400 employees. ANDRITZ operates more than 250 sites in over 40 countries. ANDRITZ HYDRO ANDRITZ HYDRO is one of the leading global suppliers of electromechanical equipment for hydropower plants. With over 175 years of accumulated experience and more than 31,000 turbines installed, totaling approximately 430,000 megawatts output, the business area provides the complete range of products, including turbines, generators, and additional equipment of all types and sizes - "from water to wire" for small hydro applications to large hydropower plants with out-puts of more than 800 megawatts per turbine unit. ANDRITZ HYDRO is well positioned in the growing modernization, refurbishment, and upgrade market for existing hydropower plants. Pumps (for water transport, irrigation of agricultural land, and applications in various industries) and turbogenerators for thermal power plants are also allocated to the business area. Further inquiry note: Dr. Michael Buchbauer Head of Group Finance, Corporate Communications & Investor Relations Tel.: +43 316 6902 2979 Fax: +43 316 6902 465 mailto:michael.buchbauer@andritz.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Andritz AG Stattegger Straße 18 A-8045 Graz phone: +43 (0)316 6902-0 FAX: +43 (0)316 6902-415 mail: welcome@andritz.com WWW: www.andritz.com ISIN: AT0000730007 indexes: ATX, WBI stockmarkets: Wien language: English
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