EANS-Adhoc: ANDRITZ to supply electro-mechanical equipment for nine hydropower stations in Mexico
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 04.12.2021 Graz - GRAZ/VIENNA, DECEMBER 4, 2021. International technology group ANDRITZ has been selected by Comisión Federal de Electricidad, the national utility of Mexico, to modernize and upgrade nine hydropower stations. ANDRITZ will execute the order together with three local companies - GENERMEX, Hydroproject and SEISA. The order value for ANDRITZ has a mid triple-digit million euro amount, the order will be booked during the next few months. The scope of supply includes design, manufacturing, supply, transportation, erection, testing and commissioning of 29 generators, 17 turbines, 21 transformers, turbine governors, SCADA supervisory control and data acquisition system, control, excitation and protection systems, as well as the electrical power and associated auxiliary systems. The contract is scheduled to begin in December 2021, and commissioning is to be completed in February 2027. By securing this prestigious contract, ANDRITZ will further consolidate its leading position in the hydropower market in Mexico and the region. - End - Further inquiry note: Dr. Michael Buchbauer Head of 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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