Pöyry awarded supervisory services assignment for Combined Cycle Power Plant in Punta del Tigre, Uruguay

PÖYRY PLC   Press Release 18 July 2016 at 10:00 am (EEST)

Pöyry awarded supervisory services assignment for Combined Cycle Power Plant in Punta del Tigre, Uruguay

UTE, the Uruguayan national electricity company, has awarded Pöyry with an extension assignment for the provision of supervisory services during construction and commissioning of its new 510MW Combined Cycle Power Plant (CCPP) project in Punta del Tigre, Uruguay. This extension follows the first assignment in 2013 for the provision of design review services and the subsequent extension awarded in 2015.

The Punta del Tigre plant, Uruguay's first combined cycle thermal power plant, will help diversify the country's energy mix in an environmentally sustainable manner, reducing the vulnerability of the country's energy system in years when low rainfall affects hydroelectric generation.

"The Combined Cycle Power Plant under construction in Uruguay is currently the largest investment made by UTE and it is also important for the electrical system of our country because it will allow a thermal back up that will perfectly complement the recent strong development of renewable energies. The Combined Cycle is a fundamental part of the transformation of the country's energy matrix. In this context the contribution of Pöyry is essential, because although the engineering stage is almost terminated, it is necessary that they continue to provide us with support in relation, among other things, to monitoring of implementation of works, control assembly, verification of the progress of the works according to contract schedules and acceptance tests of the facility" says UTE's Director, Walter Sosa.

"The collaboration established between UTE and Pöyry teams working together at the plant building site, supported remotely by the Genoa engineering office in Italy, allowed a strong common trust to be built," says Alessio Giuffra, Country Manager, Thermal & Renewable Power, Pöyry Italy. "This new work extension is the result of the client's confidence in the quality of Pöyry services. We are grateful to UTE and we look forward to helping the client overcome the new challenges that this project will pose."

The value of the order is not disclosed. The order has been recognised within the Energy Business Group order stock in Q2/2016.

Contact information:

Alessio Giuffra
Country Manager, Thermal & Renewable Power, Italy
Tel: +39 010 2910562

Anja McAlister
President, Energy Business Group
Tel: +358 10 33 49018

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2015 were EUR 575 million and the company's shares are quoted on Nasdaq Helsinki (Pöyry PLC: POY1V).