Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Wednesday, 29 November 2017

Wärtsilä Oyj Abp (FI) - Emerging America gains a competitive edge in Mexico with Wärtsilä's solutions

Wärtsilä Oyj Abp    

Emerging America gains a competitive edge in Mexico with Wärtsilä's solutions

Wärtsilä Corporation, Press release, 29 November 2017 at 10 a.m. EET

 

The technology group Wärtsilä will guarantee the performance and ensure the reliable operation of Emerging America S.A.'s 110 MW gas power plant in Chihuahua, Mexico. The ten-year operation and maintenance agreement with Emerging America, a private investment firm jointly owned by Mexican investors and The Abraaj Group from Dubai, was signed in October 2017. Under the agreement, Wärtsilä will optimise the performance of the power plant's 12 Wärtsilä 34SG engines running on natural gas, assuming full responsibility for operations and maintenance.

 

In November, Emerging America also granted Wärtsilä a notice to proceed with the plant construction under the Engineering, Procurement, and Construction (EPC) agreement, signed in December 2015.  The construction works have started and the Chihuahua power plant is scheduled to be in commercial operation in 2019.

 

"We were looking for a long-term partner with experience in providing a turnkey EPC and the ability to take full responsibility for the operation and maintenance of our plant. The fact that Wärtsilä can provide both made them an ideal partner for us," says Daniel Gutiérrez, Chief Executive Officer of Emerging America.

 

Responding to a changing market

 

Mexico's Energy Reform has created a spot market for electricity demand and opened the energy sector for competition and private investment. Emerging America wanted to be well positioned in the highly competitive market. Wärtsilä's flexible and efficient Smart Power Generation solution offers fast ramp-up to full electric energy dispatch without compromising power plant efficiency, making it an ideal solution for Emerging America. Additionally, the Smart Power Generation optimises solar and wind power generation by providing the required balancing power generation for the Mexican energy market.

 

"To take advantage of the new and open electricity market in Mexico, we needed a new category of power plant capable of selling power at a competitive price to the system. Thanks to Wärtsilä's highly efficient technology, we are convinced that we will be able to achieve this," Gutiérrez says.

 

"Thanks to our guaranteed asset performance and Smart Power Generation solutions, we are able to provide Emerging America with a competitive edge under the Mexican Energy Reform. With our comprehensive lifecycle services, we can optimise the operations of the installation, which will be the first large scale gas engine power plant built specifically to serve the Mexican spot market. The fact that it will also be supplied by Wärtsilä under an EPC contract is very significant and a huge endorsement of Wärtsilä's technology," added Walter Reggente, Vice President, Americas, Wärtsilä Services.

 

"This will be the first large scale gas engine power plant built specifically to serve the Mexican spot market. The great flexibility of our technology is key to the success of this power plant, and we will ensure its productivity and efficiency throughout its lifecycle," commented Raúl Carral, Business Development Manager, Wärtsilä Energy Solutions.

 

Link to images
From left to right around the table: Daniel Gutiérrez,
Chief Executive Officer of Emerging America, Juan Pablo Mañón from Emerging America, Daniel Ceniceros from the Abraaj Group, Alejandro Medina from Emerging America and Raúl Carral, Wärtsilä's Business Development Manager, Mexico, Central America and the Caribbean.

 

 

For more information, please contact:

 

Raúl Carral
Business Development Manager, Mexico, Central America and the Caribbean
Wärtsilä Energy Solutions
Tel. +1 (281) 233-6210
raul.carral@wartsila.com

 

Andre Bosman
Director, Business Support, Americas
Wärtsilä Services
andre.bosman@wartsila.com
Tel. +1 809 988 8000

 

Hanna Viita
Director, Marketing
Wärtsilä Services
hanna.viita@wartsila.com
Tel: +358 40 167 1755

 

 

Wärtsilä Services in brief

Wärtsilä Services provides high-quality lifecycle services that enhance customers' business. Its broad range of services supports both shipping and power generation companies, whenever and wherever needed. Solutions range from spare parts and basic support to ensuring the maximised lifetime, increased efficiency and guaranteed performance of the customer's equipment or installation - in a safe, reliable, and environmentally sustainable way.

https://www.wartsila.com/services

 

Wärtsilä in brief

Wärtsilä is a global leader in advanced technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

www.wartsila.com

 






This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Wärtsilä Oyj Abp, PL 196, Helsinki 00531, Suomi
If you would like to unsubscribe and stop receiving these e-mails click here.