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PRESS RELEASE
Aggreko Extends 200 MW Ivory Coast Power Project
The Aggreko plant provides critical power to Ivory Coast and surrounding countries interconnected to the Ivory Coast grid
ABIDJAN, Côte d'Ivoire, January 26, 2015/ -- Aggreko (http://www.africa.aggreko.com), the world leader in the provision of temporary power and temperature control services, has announced a three year contract extension to its 200 MW gas-fired power project in Ivory Coast, with an option to extend this by a further two years. The Aggreko plant in the Vridi area of Abidjan provides critical power to Ivory Coast and surrounding countries interconnected to the Ivory Coast grid.
Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/aggreko.jpg
Photo: http://www.photos.apo-opa.com/plog-content/images/apo/photos/150126ag.jpg (200 MW Aggreko Power Plant in Abidjan, Ivory Coast)
The facility was installed in 2010 with the first phase of the project producing 70 MW. This was later increased to 100 MW in 2011 and again increased in June 2013 to 200 MW. With a booming economy and GDP growth of around 9%, demand for energy has been increasing steadily in recent years. The Aggreko plant injects vital capacity into the local grid, helping keep essential infrastructure and services running, while also ensuring power supplies are maintained to both business and domestic users.
"We are pleased to be extending the Aggreko project which forms an important part of our program of strengthening the energy infrastructure across the country," commented Amidou Traore, Director General, CI-Energies. "The 200 MW supplied from the Aggreko plant is an important component of our energy generation mix and helps us maintain supply to our customers while we develop our long-term infrastructure programmes."
Economies across Africa are growing at a phenomenal rate resulting in an increased strain on power generation, transmission and distribution infrastructure. By adding large-scale, fast-track interim power, countries can continue to supply the energy required to sustain economic growth while governments and state utilities work on bringing new generation capacity online.
"Our project in Ivory Coast is a great example of the value Aggreko brings to its utility customers in Africa," commented Christophe Jacquin, Managing Director, Aggreko North and West Africa. "Our solutions address shortages in power generation capacity, giving our customers the ability to maintain supply while they work to improve their systems."
Aggreko maintains a strong presence in Ivory Coast and views the country as a vital platform in its West African operations. In addition to the Abidjan plant, Aggreko also runs its West African youth training initiative, The Aggreko Technical University in Ivory Coast.
The programme involves an intensive training syllabus incorporating advanced technical, engineering and project operations modules. Graduates have access to fast-track employment opportunities within technical and project operations positions in the Ivory Coast and other locations in Aggreko's network of international power projects. The programme has so far seen 18 Ivorian and West African engineers trained with 14 of these going on to graduate and join Aggreko in various locations across Africa.
Distributed by APO (African Press Organization) on behalf of Aggreko plc.
Media contact:
Nicholas van Santen
Corporate Communications Manager
Aggreko EMEA
E: nicholas.vansanten@aggreko.ae
EDITOR'S NOTES
Aggreko plc (http://www.africa.aggreko.com) is the world leader in the supply of temporary power and temperature control solutions. Aggreko employs over 6,000 people operating from 202 locations. In 2013 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.5bn or Euros 1.9bn). 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 or indeterminate 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 our 202 service centres, which we call the Local business, or globally through our Power Projects business.
In the Local business, which accounts for about half of 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 Power Projects business, which also accounts for about half of our revenues, we operate as a power producer. We install and operate power plants (http://www.aggreko.com/interim-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 2014 FIFA World Cup BrazilTM (http://www.aggreko.com/media-centre/press-releases/world-cup-brazil-2014), the Ryder Cup (http://www.aggreko.com/media-centre/press-releases/ryder-cup-2014) and Cirque du Soleil (http://www.aggreko.com/media-centre/press-releases/cirque-du-soleil) and the power utilities in over 50 countries including the UK, France, Ivory Coast, Mozambique, Indonesia, Bangladesh, Argentina, Venezuela, Chile, Brazil and the USA.
In 2013 we fulfilled almost 48,000 customers' assignments and 72% of those who responded to our research gave us a recommendation of 9 or 10 out of 10.
For more information, please visit our local website at: http://africa.aggreko.com
SOURCE
Aggreko plc
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