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Turbine Services Ltd. allows EthosEnergy to shorten component lead times, while the Operations & Maintenance division’s success is credited to reliability and consistency.
With users wanting to extend their power assets and avoid ever-climbing component lead times, EthosEnergy’s Operations & Maintenance (O&M) division is attracting significant opportunities on an international level. Across the United States, the Caribbean, the Middle East, and more, the O&M business is ensuring that power plants run safely, efficiently, and reliably on a daily basis through maintenance, monitoring, and optimizing equipment lifecycles.
Ana Amicarella, CEO of EthosEnergy, commented on these O&M wins and another major move: the acquisition of Turbine Services Ltd. (TSL). Per Amicarella, TSL allows the company to counter delays with one-stop-shop capabilities and represents the change needed in the turbomachinery industry—readily accessible parts to support power demand.
TURBO: What was the strategic intent behind the TSL acquisition? Will there be more acquisitions by EthosEnergy? If yes, what is the focus area?
Amicarella: We closed TSL just a few months ago, and we’re excited to have them as a key strategic addition to our portfolio. It allows us to give customers a one-stop-shop with reduced lead times and quick access to an inventory of parts. We also have faster quoting time, as we’re no longer a third-party pricing provider when responding to bids. We believe that we’re now a faster, very reliable partner for our customers. It was a great add and these people have integrated and performed phenomenally.
TURBO: What’s the driver behind recent wins for EthosEnergy’s O&M division? Why is the company winning in this area?
Amicarella: Our O&M is a top-performing division, even when compared to the competition. There is not a close second in terms of the reliability and consistency of performance, so the uptick we see is customers recognizing that. We have OEMs asking us to take over their portfolio of O&M contracts. On top of that, we’ve added resources to the front of our business and taken it international.
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