This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Aggreko To Supply 57 MW Of Power To Djibouti

DJIBOUTI, March 8, 2013 /PRNewswire/ --

Aggreko, the world leader in the provision of temporary power and temperature control services, in conjunction with its local partner TKE-DJPL will provide a 57 MW fast-track power solution to Djibouti to bring much needed additional power capacity into the country.

TKE-DJPL, in partnership with the Djibouti government, is working on improving energy supplies across the country through a combination of thermal and renewable energy projects. In order to address the immediate needs of its customers, TKE-DJPL partnered with Aggreko to bring online a fast-track power solution while longer term projects are in development.

The project will consist of an initial 5 MW package that will be operational within six weeks from the date of contract signing. The remaining 52 MW is scheduled to be commissioned and operational within May 2013.

"This project highlights the capability of Aggreko as the world's leading fast-track power provider to respond to the needs of our customers with large-scale power plants being designed, installed and operational within extremely tight time frames," said James Shepherd, Managing Director, Aggreko Southern and East Africa.

Commenting on the project, Jaime Lopez, Chief Executive Officer, TKE-DJPL said, "Partnering with Aggreko allows us to rapidly deliver much needed energy to Djibouti while we work on longer term plans to address the power needs of the country. TKE-DJPL is working closely with the Government of Djibouti to ensure that energy supplies are improved immediately while long term solutions are put in place."

Editor's Notes

TKE-Djibouti

For more information of TKE-Djibouti Power Light

Aggreko

Aggreko plc is the world leader in the supply of temporary power and temperature control solutions. Aggreko employs over 4,500 people operating from 165 locations. In 2011 we served customers in about 100 countries, and had revenues of approximately GBP 1.4bn ( USD 2.2bn or Euros 1.6bn). Aggreko plc is listed on the London Stock Exchange (AGK.L), is a member of the FTSE 100 index, and is headquartered in Scotland. For more information, please visit the company website at http://www.aggreko.com .

Aggreko provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time. Examples would be the supply of power to an industrial site which needs to service its permanent power supply, supplying a whole city in times of power shortage, or providing a major sporting event with power and cooling systems. We serve our customers either through our 165 service centres, which we call the Local business, or globally through our International Power Projects business.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs