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APR Energy plc, a provider of power solutions, recently announced that it has signed a contract to provide a gas turbine power plant for an industrial customer in Egypt. The cost of the project, which is for a minimum of 12 months, has been estimated at over $30 million.
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.
Laurence Anderson, APR Energy Chief Executive Officer said the contract “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." Executive Chairman John Campion said the project helped diversify the company’s customer base and complemented its success in the utility segment.