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 January 11, 2016 - 4:36 PM EST
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Wärtsilä to enhance performance and environmental efficiency of Flexicycle power plant in Mexico

Wärtsilä Corporation, Press release, 12 January 2016 at 9.30 am EET

Wärtsilä, a global leader in complete lifecycle solutions for the marine and
energy markets, has signed a full scope, 10-year operations and maintenance
(O&M) agreement with Central Generadora Electrica Huinala, S. De R.L. De C.V.
for their Flexicycle power plant located near 
Monterrey, Mexico
. The partnership
between Wärtsilä and Central Generadora Electrica Huinala will ensure optimised
performance, maximised lifetime and lifecycle costs guarantee for the power
plant in a safe, reliable and environmentally sustainable way.

The extensive agreement was signed in November 2015 covering full operation and
maintenance services that include staff for day to day operations and supplying
spare parts and maintenance.

Wärtsilä has already in October 2014 signed a contract to supply the Flexicycle
power plant with seven Wärtsilä 50SG gas engines, one of the largest gas engines
in the world. The power plant will produce 139 MW of power and is scheduled to
start operating in April 2016.

"In addition to Wärtsilä being an experienced and reliable operator, we wanted a
partner that can provide us with improved power plant efficiency and financial
predictability. This way we can focus on our core business and be sure that our
operations run with high efficiency even in very challenging conditions,"
comments Juan Buitron, General Manager, Central Generadora Electrica Huinala.

"We are delighted to continue our co-operation with Central Generadora Electrica
Huinala with this O&M agreement as this is a very unique project in many ways,"
says Tomas Rönn, Vice President for Area Americas, Wärtsilä Services. "Central
Generadora Electrica Huinala has an important role in this project that unites
three countries and allows electricity based on natural gas to be used for the
first time in 
, where oil is the largest source of electricity at the
moment," Rönn continues.

Natural gas originates from 
the United States
 and electricity is generated in
the Flexicycle power plant in 
. Afterwards the electricity is distributed
to consumption to 
 under Power Purchase Agreements (PPA).

"We at Wärtsilä are thrilled to have an even bigger part in this project, in
which we all work together for more environmentally-friendly operations. Natural
gas is the cleanest fossil fuel in the world and with Wärtsilä's innovative gas
technologies the combination of high efficiency and low emissions are obtained,"
Rönn adds.

Link to image
Caption: Rendering: Flexicycle power plant near 
Monterrey, Mexico

For further information, please contact:

Tomas Rönn
Vice President, Area Americas, Services
Wärtsilä Services
Tel: +1 954 401 9370

Andre Bosman
Service Unit Director, 
Central America

Wärtsilä Services
Tel: +1 809 988 8000

Hanna Viita
Director, Marketing
Wärtsilä Corporation
Tel: +358 40 167 1755

Wärtsilä Services in brief
Wärtsilä Services creates lifecycle services for its customers, enhancing their
business - whenever, wherever. We provide industry's broadest range of services
for both shipping and power generation. Our solutions range from spare parts and
basic support to ensuring maximised lifetime, increased efficiency and
guaranteed performance of customer's equipment or installation - in a safe,
reliable, and environmentally sustainable way.

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
Wärtsilä Newsroom

This announcement is distributed by GlobeNewswire on behalf of 
GlobeNewswire clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
Source: Wärtsilä Oyj Abp via GlobeNewswire


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Source: News (January 11, 2016 - 4:36 PM EST)

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