Aggreko wins power contract in Côte d'Ivoire
Temporary power and temperature control giant Aggreko has won a contract in Côte d'Ivoire to provide short-term power supply.
Temporary power and temperature control giant Aggreko has won a contract in Cte d'Ivoire to provide short-term power supply.
The 10MW gas-fuelled temporary power contract, which will run for two years, is in addition to the 100MW the company installed in 2010. It is worth an estimated $75m and was awarded by the Socit des Energies de Cte d'Ivoire (CI-ENERGIES).
The firm said that the contract will reinforce the power supply in Cote d'Ivoire and fulfil the country's needs before the construction of permanent capacity.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Aggreko's Chief Executive Rupert Soames said: "Following the success of the existing 100 MW power plant, we are delighted that our customer has entrusted us with a further 100 MW.
"We believe this underlines the success of our gas-fuelled power plants, in which we have invested heavily in recent years; world-wide we now have over 750 MW of gas-fuelled capacity on rent."
-
Adidas, Nike or Jordans - could collectable trainers make you rich?
The right pair of trainers can fetch six figures. Here's how you can start collecting vintage Adidas, Nike or Jordans now
By Chris Carter Published
-
Early bird ISA investors flock to global funds, India and the US
There’s been an increase in investors maxing out their ISA at the start of the new tax year. But where are they putting their cash and why does it make sense to be an early bird investor?
By Vaishali Varu Published