APR Energy signs first cross-border contract

APR Energy has signed a 40 MW power contract with the government of Mali, representing the company’s first ever cross-border contract.

APR Energy will install a turnkey solution, comprising of diesel power modules, in Senegal. From here, the power generated will feed into the OMVS grid, which serves Mali, Senegal and Mauritania.

The deal follows previous West Africa signings in Senegal, Burkina Faso, and Gabon.

This brings APR Energy's total new contract wins this year to 593 MW, exceeding total contract wins for the whole of 2012. The company has also signed contract extensions of 111 MW year-to-date and holds a backlog of business of more than 14,439 MW-months, up +25% from 31 December 2012.

John Campion, CEO of APR Energy, said: “We continue to see significant opportunity for large-scale, fast-track power projects, as evidenced in the Mali win and our recent Libya contract expansion.

"Our state-of-the-art fuel-efficient diesel power modules enable us to provide highly competitive fuel efficiency guarantees and an overall lower cost – without sacrificing our kw/h pricing. This proved to be a deciding factor in our recent win in Indonesia, and we expect it to be an important competitive advantage as we continue to gain significant share in the large-scale fast-track power market.”