NICOSIA, Cyprus, May 9, 2012 /PRNewswire/ -- International temporary power provider APR Energy announced today that it has finalized a large contract with the Electric Authority of Cyprus (EAC) for the supply of temporary power to the island. The 120MW diesel-powered solution was contracted by EAC as a peak season application to help fulfill energy needs for the summer. The contract award aligns closely with APR Energy's strategy to expand its reach within the European power market.
"With already-reduced capacity, Cyprus is now anticipating a surge in demand from the hot summer season," said John Campion, APR Energy Chief Executive Officer. "Our fast-track solutions provide Cyprus with the immediate temporary capacity it needs to bridge the gap and quickly respond to customer demand."
The APR facility will be located at the Moni Power Station, approximately 20 kilometers east of Limassol, and will interconnect directly with the local electrical grid. Historically, the Moni Power Station has represented over 10 percent of EAC's total installed capacity. APR Energy's contract with EAC provides fast-track installation, operation and maintenance of its temporary power solution.
About APR Energy
APR's state-of-the-art power generation technology, comprehensive operation and maintenance services, and flexible commercial terms, have established APR as a leader in the temporary power industry. APR provides power generation solutions to utility and industrial customers in both developing and developed markets. APR places a high priority on giving back to the communities it serves by providing support to various local health and education organizations and initiatives.
SOURCE APR Energy