Wärtsilä signs landmark long-term service agreement for Australian power plant

Wärtsilä, a leading global supplier of flexible and efficient power plant solutions and services, has signed a long-term service agreement with Energy Developments Ltd (EDL) of Australia to maintain the McArthur River Mine power plant. The ten year agreement includes a guarantee for the plant's availability to generate power based on pre-planned scheduled maintenance periods. This is Wärtsilä's first major service agreement in the country.

The 53 MW power plant is located in Australia's Northern Territory. It supplies power to the McArthur River zinc mine, which is owned by the international mining resources company Xstrata plc. Electricity is generated by six Wärtsilä 34SG engines running on natural gas. The power plant will be fully operational by the end of 2013.

The agreement includes technical support as well as condition monitoring and maintenance planning to ensure maximum generating availability. Wärtsilä will have two of the company's service personnel on site at the power plant on a continuous basis.

"It was a logical choice to select Wärtsilä as the service provider for this facility. The company not only provided the generating equipment, but also has enormous global experience in efficiently maintaining power plants. We are confident in Wärtsilä's competence in this area," says Shane Mclaughlin, EDL Executive General Manager, Project Delivery.

"This is a landmark agreement. By providing availability guarantees for a power plant located in a remote area of Australia, we are highlighting the efficiency and reliability of the Wärtsilä equipment, as well as our ability to supply prompt and effective service support," says Steve Jones, General Manager, Services sales, Wärtsilä Australia.

Wärtsilä Services
Wärtsilä provides support for its customers throughout the lifecycle of their installations by optimizing efficiency and performance regardless of the equipment make. The company's service solutions range from basic support, installation and commissioning, performance optimization, upgrades, conversions and environmental solutions, to service projects and agreements focusing on overall equipment performance and asset management.
Wärtsilä delivers its services through a network of service stations, workshops and ship repair centres in 70 countries worldwide.

Wärtsilä press release 23 August 2012: Wärtsilä to supply Australian mining site with 53 MW gas power plant expansion

For further information please contact:

Steve Jones
General Manager, Services sales
Wärtsilä Australia Pty. Ltd.
Tel. +61 4 08496955
steve.jones@wartsila.com

John Sydney
Managing Director
Wärtsilä Australia Pty. Ltd.
Tel. +61 2 9672800
john.sydney@wartsila.com

Tuula Franck
Senior Manager, Media and Stakeholder Relations
Wärtsilä Corporation
Tel: +358 400 267555
tuula.franck@wartsila.com

Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2012, Wärtsilä's net sales totalled EUR 4.7 billion with approximately 18,900 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com

Energy Developments Ltd in brief
Energy Developments Ltd is an international provider of safe, clean, low greenhouse gas emissions energy and remote energy solutions. The company currently manages an international portfolio of over 700 MW of power generation facilities in Australia, the United States and Europe, utilising a range of fuel sources.