Pöyry awarded transmission and distribution services framework agreement with Vattenfall, Sweden

PÖYRY PLC     Press release 23 December 2014 at 10 am (EET)

Pöyry awarded transmission and distribution services framework agreement with Vattenfall, Sweden

Pöyry and Vattenfall Power Generation in Sweden have signed a new framework agreement for technical consulting and engineering services. The signed agreement spans 2015-2016 with an option to extend for a further two years.
 
This new agreement affirms Vattenfall's continued trust in Pöyry to provide high quality and cost effective power transmission and distribution project lifecycle services for Vattenfall Power Generation's operations and support the local and national grids in Sweden. Environmental services are included in all of the deliveries.

"Pöyry's comprehensive offering for the power transmission and distribution sector in Sweden, as well as internationally, underlines the company's commitment to supporting its clients with the challenges of a changing power sector. Upgraded grid infrastructures are instrumental in adopting the future generation mix and to guarantee reliable power supply," says Sergio Guimaraes, President, Energy Business Group. "It also confirmes Sweden as one of Pöyry's focus markets where we intend to grow significantly".

Additional information by:

Phillip Norman
Vice President, Transmission & Distribution, Energy Business Group
Tel +971 4 6069 500

Sergio Guimaraes
President, Energy Business Group
Tel + 41 76 356 21 73

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and locally in our core markets. We deliver strategic advisory 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 2013 were EUR 650 million and the company's shares are quoted on Nasdaq OMX Helsinki (Pöyry PLC: POY1V).