Wärtsilä Corporation, Stock Exchange release, 16 October 2015 at 10.00 am EET
Wärtsilä has been contracted to supply a major Flexicycle power plant to Energía del Pacífico S.A. in Acajutla, El Salvador. It will be the largest and most efficient power plant in El Salvador, and the first in Central America to be fired by LNG-based natural gas. The 378 MW installation will feed electricity to the national grid.
The order is estimated to be included in Wärtsilä's order book in 2016, and the plant completion is scheduled for 2018. The value of the order is approximately EUR 240 million.
"One of the reasons why we selected Wärtsilä technology was the high reliability offered by Wärtsilä's multi-unit Flexicycle solution," said Alejandro Alle, Managing Director of Energía del Pacífico.
The power plant will comprise nineteen Wärtsilä 50SG engines and a combined cycle steam turbine, producing high fuel efficiency of close to 50 percent. The Dry Flexicycle technology with a closed loop cooling system requires zero water consumption, which is a major benefit in El Salvador which has recently suffered from the worst droughts in 40 years.
Wärtsilä's installed capacity in Central America and the Caribbean is approximately 4800 MW, and globally 58 GW.
More information can be found in a press release to be published at www.wartsila.com.
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Wärtsilä Energy Solutions in brief
Wärtsilä Energy Solutions is a leading global supplier of flexible baseload power plants of up to 600 MW operating on various gaseous and liquid fuels. Our portfolio includes unique solutions for peaking, reserve and load-following power generation, as well as for balancing intermittent power production. Wärtsilä Energy Solutions also provides LNG terminals and distribution systems. As of 2015, Wärtsilä has 58 GW of installed power plant capacity in 175 countries around the world.
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2014, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 17,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
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Source: Wärtsilä Oyj Abp via Globenewswire
Source: Thomson Reuters ONE
(October 16, 2015 - 3:00 AM EDT)
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