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ATCO Introduces Heat Recovery Steam Generators


ATCO Introduces Heat Recovery Steam Generators

New product provides environmentally progressive, efficient solution for gas turbine power management

ORLANDO, FLORIDA -- (Marketwire) -- 12/11/12 -- ATCO Emissions Management (ATCO) announced today the addition of heat recovery steam generators (HRSGs) to its comprehensive line of gas turbine auxiliary equipment for the power, oil and gas, and cogeneration markets. The new HRSG product, an energy recovery heat exchanger that recovers heat from a hot gas stream, will initially serve organizations with gas turbines up to 100 MW.

"The introduction of HRSGs expands our already extensive offering for gas-fired power generators, adding to the previous success of our patent-pending selective catalytic reduction systems and our other gas turbine products," said Harry Wilmot, President & Chief Operating Officer, ATCO Structures & Logistics.

By implementing an HRSG system, environmentally progressive companies and those looking to create cost savings can produce heat or power from recovered waste heat or renewable energy sources. Some companies have also used HRSGs as part of a long term goal to meet carbon emission targets. The increasingly stringent emission regulations in the United States and Can ada are expected to add to the growing demand for HRSGs.

"Currently, our HRSGs are designed for use in power plants at hospitals, universities, electricity generation facilities and at remote oil and gas operations," said Harry Wong, Senior Vice President & General Manager, ATCO Emissions Management. "The adoption of HRSGs will allow these institutions to be 'greener' and energy self-reliant."

Integrating the new HRSGs with ATCO's existing leading-edge nitrogen oxide and noise reduction technologies will give ATCO the ability to offer the full scope of acoustic, air emissions and heat recovery solutions on gas turbine projects.

Each HRSG is custom-designed in Minneapolis, then fabricated in Original Equipment Manufacturers approved facilities across the globe. ATCO's product portfolio for gas turbine generators also includes combustion air filtration and intake silencing, anti-icing, acoustical enclosures, acoustical buildings, sound barriers, combustion exhaust silencing systems, catalyst systems for nitrogen oxide and carbon monoxide removal, bypass systems with diverter dampers and exhaust diffusers.

ATCO Emissions Management, a division of ATCO Structures & Logistics, provides noise and air emissions control and waste heat recovery systems for power generation, oil and gas, petrochemical and other industrial sites worldwide. To learn more, visit www.atcoem.com.

ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 8,800 employees and assets of approximately $14 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in utilities (pipelines, natural gas, and electricity transmission and distribution), energy (power generation, natural gas gathering, processing, storage and liquids extraction), structures & logistics (manufacturing, logistics and emissions management) and technologies (business systems solutions). More information can be found at www.atco.com .

Note to Editors: The ATCO Emissions Management HRSG product team is at Power-Gen International, held in Orlando, Florida Dec 11-13, 2012 at booth #4639. Based in Minneapolis, Minnesota, the team is led by Jeff Davis, B.S. ChE, General Manager; Dan Robertus, P. E., B.M.E, Director, Sales; and Rick Zeigler P.E, B.S. CE, Director, Engineering. Together, their team has over 120 years of boiler design and engineering experience.

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "plan", "expect", "may", "will", "intend", "should", and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes that the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.

The Corporation's actual results could differ materially from those anticipated in these forward-looking statements as a result of regulatory decisions, competitive factors in the industries in which the Corporation operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Corporation.

The forward-looking statements contained in this news release represent the Corporation's expectations as of the date hereof, and are subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations. Contacts: ATCO Structures and Logistics Alisa Charkova Senior Advisor, External Communications +1 403 292 7769 or Mob. +1 403 826 0961 alisa.charkova@atcosl.com www.atco.com

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