APR to supply Yemen with temporary power

APR Energy, the temporary power specialist, has done a deal with Yemen to supply diesel engines to off-set expected supply shortages.

APR Energy, the temporary power specialist, has done a deal with Yemen to supply diesel engines to off-set expected supply shortages.

The 60MW contract with Yemen is the company's second contract win in less than four months in the Middle East, which it called a strategically important market.

The announcement brings APR's total new contract wins this year to 344MW and 356MW of contract renewals.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

Sign up

It said its current order book stood at over 9,000 MW-months.

"Upon completion of this contract we will have fulfilled over 200MW from the Dubai Hub since its opening earlier this year," said Chief Executive John Campion.

"With this infrastructure in place we anticipate rapid and successful deployment of this latest contract win."

APR's shares rose 3% following the announcement.