EthosEnergy Acquires Turbine Services, Ltd.

EthosEnergy acquired Turbine Services, Ltd. (TSL), a 50-year-old New York-based manufacturer and supplier of aftermarket parts for heavy-duty gas and steam turbines.

“We are pleased to welcome TSL to EthosEnergy,” said Ana Amicarella, CEO of EthosEnergy. “TSL’s legacy of technical excellence and customer trust directly enhances and expands our gas turbine product offering, reinforcing our commitment to deliver top-tier service and solutions for operators of critical rotating equipment.”

TSL has a long history of supplying parts to more than 1,000 global customers. It’s known for its engineering, product quality, and as a non-OEM manufacturer of turbine parts.

"After founding TSL in 1972, I have enjoyed building the company and team over the past 53 years, and it was very important to me to find a partner like EthosEnergy to support TSL and its employees during the years to come,” said Vincent Riggi, Owner and CEO of TSL.

Earlier this month, EthosEnergy announced two operations and maintenance (O&M) contracts, including a multi-year contract with Energia 2000, S.A., and a three-year, multi-million-dollar O&M contract for the 850-MW Maisan combined-cycle power plant located near Basra, Iraq.

The multi-year contract with Energia 2000 is to provide third-party O&M services for the 420-MW combined-cycle Manzanillo Power Land project in the Pepillo Salcedo, Montecristi province of the Dominican Republic

The project, set to open in late 2025, features a Siemens Energy SGT6-8000H gas turbine and an SST6-3000 steam turbine. It focuses on energy efficiency to help produce clean, reliable, cost-effective electricity. The new plant sits alongside a natural gas terminal and port with a reception pier and breakwater.

“We are dedicated to developing and investing in the Maisan combined-cycle power plant,” said Saadi Saihood, Chairman of RAS Group. “Building upon our joint venture with EthosEnergy, this contract further strengthens our ability to deliver safe, sustainable, and stable power to the Iraqi national grid. EthosEnergy is recognized as one of the world’s top performers in O&M. Utilizing their engineering expertise and knowledge of best practices demonstrates our commitment to quality and will help ensure power generation in Iraq.”

Under EthosEnergy’s O&M contract for the Iraqi combined-cycle plant, the company will oversee plant operations, conduct routine inspections, and perform regular and preventive maintenance on all plant equipment. Maisan Power Co. operates the plant, which is part of the Raban Al Safina Group. This award represents EthosEnergy’s first third-party care, custody, and control contract in the Middle East.

“We chose EthosEnergy for the care, custody, and control of the Manzanillo project because of their proven experience and proactive and flexible approach to risk management,” said Jaime Santana Bonetti, Chairman of Energia 2000. “Once operational, this new facility will reset the bar for state-of-the-art energy efficiency in Latin America and the Caribbean.”

The facility has two Siemens Energy SGT5-4000F gas turbine gensets, one SST5-4000 steam turbine, one SGen5-2000H electric generator, and additional balance-of-plant equipment. Construction started in 2019, and the plant became operational in June 2022, producing and transmitting electrical power to Iraq’s national grid.