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APR Energy PLC

18 September 2015

18 September 2015

APR Energy Commissions New Botswana Project, Senegal Expansion

APR Energy (LSE: APR) or ("The Company"), a global leader in fast-track power solutions, today announces that it has completed successfully the installation and commissioning of its new two-year, 35MW project for Botswana Power Corporation and the 48MW expansion of its existing project for Senelec, Senegal's national electric utility.

"I want to congratulate our installation and commissioning teams for demonstrating our commitment to operational excellence and customer satisfaction by quickly bringing this new capacity on line," said Chief Executive Officer Laurence Anderson. "These vital projects will help to raise the quality of life for people in Botswana and Senegal in a number of ways, such as supporting local medical facilities and schools."

The Botswana project, announced on 27 May, builds on a relationship that began in 2010, when BPC contracted APR Energy to develop a 70MW solution to supplement electricity being imported from neighbouring countries. While that plant later was sold to the utility in 2014, BPC again selected APR Energy when it needed additional generating capacity.

"Botswana is currently faced with electrical power supply challenges, and load shedding is the order of the day as a result. This additional 35MW will go a long way toward alleviating the situation," said Franklin Modisenyane, BPC's Expansion Project Chairperson. "APR demonstrated a high level of professionalism. Quality is key and safety standards are held high. Working with a dedicated project manager made it possible to deliver the project on time."

In Senegal, the addition of 48MW of new generating capacity includes diesel power modules redeployed from Libya. The expansion, which was announced 9 July, increases the Company's installed capacity for Senelec to 68MW.

The Company currently is contracted to provide approximately 300MW of generating capacity across Africa, including projects for electric utilities in Angola and Mali and to support development of a major industrial facility in Egypt.

Ends

Enquiries:

APR Energy plc

   Lee Munro (investors)                 + 1 904 404 4576 
   Manisha Patel (investors)            + 1 904 517 5135 
   Alan Chapple (media)                 + 1 904 223 2277 

CNC Communications

   Nick Bastin                               +44 (0) 20 3219 8814 / +44 (0) 7931 500 066 
   Michael Kinirons                        +44 (0) 20 3219 8803 / +44 (0) 7827 925 090 

About APR Energy

APR Energy is the world's leading provider of fast-track mobile turbine power. Our fast, flexible and full-service power solutions provide customers with rapid access to reliable electricity when and where they need it, for as long as they need it. Combining state-of-the-art, fuel-efficient technology with industry-leading expertise, our scalable turnkey plants help run cities, countries and industries around the world, in both developed and developing markets. For more information, visit the Company's website at www.aprenergy.com.

Certain statements included in this announcement constitute, or may constitute, forward-looking statements. Any statement in this announcement that is not a statement of historical fact (including, without limitation, statements regarding the Company's future expectations, operations, financial performance, financial condition and business) is or may be a forward-looking statement. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected or implied in any forward-looking statement. These risks and uncertainties include, among other factors, changing economic, financial, business or other market conditions. Although any such forward-looking statements reflect knowledge and information available at the date of this announcement, reliance should not be placed on them. Without limitation to the foregoing, nothing in this announcement should be construed as a profit forecast.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 18, 2015 02:00 ET (06:00 GMT)

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