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Tuesday, 20 August 2013, 11:10 HKT/SGT
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Source: Wartsila
Wartsila Signs Landmark Long-term Service Agreement for Australian Power Plant

Helsinki, Finland, Aug 20, 2013 - (ACN Newswire) - Wartsila, a leading global supplier of flexible and efficient power plant solutions and services, has signed a long-term service agreement with Energy Developments Ltd (EDL) of Australia to maintain the McArthur River Mine power plant. The ten year agreement includes a guarantee for the plant's availability to generate power based on pre-planned scheduled maintenance periods. This is Wartsila's first major service agreement in the country.

The 53 MW power plant is located in Australia's Northern Territory. It supplies power to the McArthur River zinc mine, which is owned by the international mining resources company Xstrata plc. Electricity is generated by six Wartsila 34SG engines running on natural gas. The power plant will be fully operational by the end of 2013.

The agreement includes technical support as well as condition monitoring and maintenance planning to ensure maximum generating availability. Wartsila will have two of the company's service personnel on site at the power plant on a continuous basis.

"It was a logical choice to select Wartsila as the service provider for this facility. The company not only provided the generating equipment, but also has enormous global experience in efficiently maintaining power plants. We are confident in Wartsila's competence in this area," says Shane Mclaughlin, EDL Executive General Manager, Project Delivery.

"This is a landmark agreement. By providing availability guarantees for a power plant located in a remote area of Australia, we are highlighting the efficiency and reliability of the Wartsila equipment, as well as our ability to supply prompt and effective service support," says Steve Jones, General Manager, Services sales, Wartsila Australia.

Wartsila Services

Wartsila provides support for its customers throughout the lifecycle of their installations by optimizing efficiency and performance regardless of the equipment make. The company's service solutions range from basic support, installation and commissioning, performance optimization, upgrades, conversions and environmental solutions, to service projects and agreements focusing on overall equipment performance and asset management.

Wartsila delivers its services through a network of service stations, workshops and ship repair centres in 70 countries worldwide.

Wartsila press release 23 August 2012:
Wartsila to supply Australian mining site with 53 MW gas power plant expansion
http://bit.ly/SWL1AA

Wartsila in brief

Wartsila is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wartsila maximises the environmental and economic performance of the vessels and power plants of its customers. In 2012, Wartsila's net sales totalled EUR 4.7 billion with approximately 18,900 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wartsila is listed on the NASDAQ OMX Helsinki, Finland. www.wartsila.com

Wartsila Newsroom: http://wartsila.newsroom.fi/

Energy Developments Ltd in brief

Energy Developments Ltd is an international provider of safe, clean, low greenhouse gas emissions energy and remote energy solutions. The company currently manages an international portfolio of over 700 MW of power generation facilities in Australia, the United States and Europe, utilising a range of fuel sources.

For further information please contact:

Steve Jones
General Manager, Services sales
Wartsila Australia Pty. Ltd.
Tel. +61 4 08496955
steve.jones@wartsila.com

John Sydney
Managing Director
Wartsila Australia Pty. Ltd.
Tel. +61 2 9672800
john.sydney@wartsila.com

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wartsila Corporation
Tel: +358 400 267555
tuula.franck@wartsila.com

Topic: New market for product
Source: Wartsila

Sectors: Gas & Oil, Metals & Mining, Daily Finance, Energy, Alternatives, Daily News
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