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Atlas Copco Wins Geothermal Order in Turkey

  Atlas Copco Wins Geothermal Order in Turkey

Business Wire

STOCKHOLM -- July 17, 2013

Atlas Copco (STO:ATCOA) (STO:ATCOB) won a second major order in Turkey to
deliver equipment for two renewable energy geothermal power plants. The order
value is circa MUSD 23 (MSEK 150).

Çelikler Jeotermal Elektrik Üretim A.Ş., a company active in sectors such as
construction, mining and energy, chose Atlas Copco’s Gas and Process division
to deliver four geothermal power trains with a total gross capacity of 80 MW.

Two of the power trains, which include expander generators, are for expansion
of a power plant project near Pamukören, Turkey, where Atlas Copco is already
supplying equipment. The additional two units, also including expander
generators, will be installed at a new site near the town of Sultanhisar. The
order was booked in the second quarter.

“We have built a strong reputation for delivering highly efficient solutions
in the renewable energy sector with a comprehensive product line,” said
Stephan Kuhn, President of Atlas Copco’s Compressor Technique Business Area.
“Winning this order highlights our strong commitment to customer satisfaction
– and to delivering the innovative technology that unlocks geothermal energy’s
potential.”

The two plants will generate electricity using the Organic Rankine Cycle, a
promising technology in the growing geothermal energy sector that converts
fluids into vapor. The generator trains will deliver some 500 GWh of baseline
renewable energy per year, enough electricity to power around 61 000
households.

Atlas Copco is an industrial group with world-leading positions in
compressors, expanders and air treatment systems, construction and mining
equipment, power tools and assembly systems. With innovative products and
services, Atlas Copco delivers solutions for sustainable productivity. The
company was founded in 1873, is based in Stockholm, Sweden, and has a global
reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800
employees and revenues of BSEK 90.5 (BEUR 10.5). Learn more at
www.atlascopco.com.

Atlas Copco’s Compressor Technique business area provides industrial
compressors, gas and process compressors and expanders, air and gas treatment
equipment and air management systems. It has a global service network and
offers specialty rental services. Compressor Technique innovates for
sustainable productivity in the manufacturing, oil and gas, and process
industries. Principal product development and manufacturing units are located
in Belgium, Germany, the United States, China and India.

This information was brought to you by Cision http://news.cision.com

Contact:

Atlas Copco
Stephan Kuhn,
Business Area President, Compressor Technique
+32 (0)3 870 2938
or
Ola Kinnander
Media Relations Manager
+46 (0)8743 8060 or +46 (0)70 347 2455
 
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