AEG Power Solutions is Awarded Global Framework Agreement with BP
*This win of strategic importance secures AEG Power Solutions’ position as
one of the leaders for power supplies on the Oil & Gas market
*Technical Expertise made the difference
ZWANENBURG, The Netherlands -- November 25, 2013
AEG Power Solutions (FWB:3W9)have been awarded a five year global framework
agreement with BP to supply IEC compliant AC & DC UPSSystemsfor BP's Global
This framework agreement enables BP’s Global project teams (including their
EPMS/EPC contractors) to access AEG Power Solutions international resources to
supply IEC AC & DC UPSSystems.
AEG Power Solutions have demonstratedtechnical & commercial capabilities that
increase product quality, reliability and drive standardisation within the UPS
“We are very proud to be part of BP suppliers”, explains Gert Buist, VP and GM
Industrial Power Solutions for AEG Power Solutions, “This contract is of great
significance in many respects and does reinforce that we are very much a
highly respected and acknowledged custom solutions provider capable of
engineering solutions for the most challenging of applications where safety
and reliability are crucial.”
In the field of Uninterruptible Power Supply (UPS) Systems, AEG Power
Solutions is one of the few approved vendors manufacturing AC & DC solutions
who can provide a range varying from small power ratings through large scale
industrial UPS, with a strong focus in Transport, Oil & Gas and Power
Generation as well as General Industry.
About AEG Power Solutions
AEG Power Solutions (AEG PS) Group is a global provider of power electronics
systems and solutions for all industrial power requirements offering one of
the most comprehensive product and service portfolios in the area of power
conversion and power control. Two complementary operating business segments,
Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) serve
customers worldwide. The RES product and service portfolio consists of systems
and solutions for solar power plants, such as solar inverters, monitoring and
control systems as well as power controllers for a wide range of industrial
applications such as polysilicon, energy storage, sapphire and glass. The EES
product and service portfolio includes high-performance uninterruptable power
supplies (UPSs), industrial chargers and DC systems.
Thanks to its distinctive expertise bridging both AC and DC power technologies
and spanning the worlds of both conventional and renewable energy, the company
creates innovative solutions for smart grids.
AEG PS’ global footprint includes 22 facilities and offices around the world
with 1,600 employees.
AEG Power Solutions Group is the sole subsidiary of the holding company 3W
Power S.A. (WKN A0Q5SX / ISINLU0953526265), based in Luxembourg. The Group is
headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are
admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9).
For more information, visit www.aegps.com.
This communication does not constitute an offer or the solicitation of an
offer to buy, sell or exchange any securities of 3W Power. This communication
contains forward-looking statements which include, inter alia, statements
expressing our expectations, intentions, projections, estimates, and
assumptions. These forward-looking statements are based on the reasonable
evaluation and opinion of the management but are subject to risks and
uncertainties which are beyond the control of 3W Power and, as a general rule,
difficult to predict. The management and the company cannot and do not, under
any circumstances, guarantee future results or performance of 3W Power and the
actual results of 3W Power may materially differ from the information
expressed or implied in the forward-looking statements. As a result, investors
are cautioned against relying on the forward-looking statements contained
herein as a basis for their investment decisions regarding 3W Power.
3W Power undertakes no obligation to update or revise any forward-looking
statement contained herein.
Tel.: +44 7880 197713
Oil&Gas &Petrochemical Global Manager
AEG Power Solutions
Claire Pairault, Tel.: +331 555511076
Mobile: +33 6 19609164
AEG Power Solutions
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