APR Energy Enters Strategic Partnership with Pratt & Whitney Power Systems
EAST HARTFORD, Conn., Friday, October 28, 2011
APR Energy plc (APR) and Pratt & Whitney Power Systems (PWPS) today announced a strategic partnership to jointly address global temporary power needs and to increase the availability of mobile turbines for temporary power solutions. This partnership has already facilitated an APR order of 100MW on a flexible delivery schedule. Pratt & Whitney is a United Technologies Corp. (NYSE:UTX) company.
Under the terms of the global agreement, APR Energy becomes the exclusive provider of Pratt & Whitney's FT8® MOBILEPAC® rental power solutions. In addition, APR will benefit from a 12-month warranty, a five-year service agreement and access to dedicated global support from PWPS, including project management, engineering and aftermarket resources.
PWPS will refer temporary power inquiries to APR and will promote APR across a range of media, including trade fairs, advertising and promotions. Under this exclusive agreement PWPS will not sell or lease FT8 gas turbines to any other temporary power rental provider.
Pratt & Whitney's FT8 MOBILEPAC unit is an ideal fit for APR's fleet strategy. Earlier this year, it was used to help APR provide much-needed temporary power in Japan, and its modularized design allows for rapid deployment and installation as well as dual fuel flexibility and remote starting capabilities.
This partnership announcement follows APR Energy's recent similar global agreement with Caterpillar Inc. and Cat dealer Ring Power.
"After the successful provision of FT8 modular units for our emergency power projects in Japan, APR and Pratt & Whitney felt confident that a partnership would thrive," said John Campion, CEO of APR. "This partnership complements our recent agreement with Caterpillar and Ring Power for diesel engine units and means we can greatly increase the immediate availability of turbine resources to APR Energy's customers globally, as well as jointly promoting new temporary power contracts."
"We look forward to an expanding relationship with APR and bringing innovative temporary power solutions to customers around the globe," said Peter C. Christman, President, Pratt & Whitney Power Systems. "Our partnership allows us to focus on our OEM core competencies of providing advanced turbine equipment and aftermarket services, and to also take full advantage of APR's experience in fast-track installation and operation of temporary power plants."
About APR Energy
APR Energy specializes in the sale of reliable and efficient electricity through the rapid deployment of Customized Turnkey Power Solutions globally. APR's power generation solutions, coupled with comprehensive operation and maintenance services and flexible commercial terms, have established APR as a leader in the utility and industrial segments. APR Energy provides power generation solutions to customers and communities around the world, with an emphasis in Africa, South America, Central America and Asia. In addition to its business of providing these world- class power solutions, APR Energy also implements philanthropic projects at each plant location through its Community Development Program, which aims to build and maintain close relationships with its neighbors through projects and donations in health and education.
About Pratt & Whitney Power Systems
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., USA, is a diversified company providing high-technology products and services to the global aerospace and commercial building industries.
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