APR Energy inks Gas Turbine Power Plant Deal in Egypt

The United States-based APR Energy announces Thursday that it has signed a contract to provide a gas turbine power plant for an industrial customer in Egypt.

The project, which is for a minimum of 12 months, has an estimated value exceeding US$30 million, the company said in a statement Thursday.

APR Energy’s plant will feature three GE aeroderivative mobile turbines that will run on clean-burning natural gas. The plant is expected to begin generation by Q1 2016.

“Our contract in Egypt is the result of many months of work and gives us a foothold in one of the largest markets in the region, supporting one of the country’s most strategic industrial investments,” said Laurence Anderson, APR Energy Chief Executive Officer.

Executive Chairman John Campion added, “The project builds upon our experience in the industrial space, diversifying our customer base and complementing the strong success that we have had in the utility segment.”