Aggreko signs 2010 FIFA
World Cup contract
Aggreko plc is pleased to announce that, along
with its joint venture partner Shanduka Group, it has signed a
contract to provide temporary power and
temperature control for broadcast and technical
services for the 2010 FIFA World Cup in South
Africa.
The contract involves providing
broadcasting power in all 10 World Cup Stadium Venues, the
International Broadcast Centre (IBC) and FIFA headquarters, as well
as temperature control at the IBC. This will support the
broadcasting of the 64 matches of the competition to over 3 billion
people world-wide. The estimated value of the contract is £30
million, and will involve the installation of some 300
kilometres of cable and 30 megawatts of generating capacity.
Shanduka Group is a leading African
investment holding company, and has formed an unincorporated
joint-venture with Aggreko to execute the World Cup contract. Both
companies worked together to supply temporary power to the FIFA
2009 Confederations Cup in South Africa.
Aggreko has
customers in 20 countries in Africa and is providing over 1,000
megawatts of temporary power on the continent.
Rupert Soames, Chief Executive of Aggreko,
said: “Having recently supplied temporary power to both the
Vancouver Winter Olympics and last year’s Confederations Cup
in South Africa, we are delighted to have been selected by the 2010
FIFA World Cup Organising Committee to secure their broadcast
power. This underscores our position as the leading supplier of
power and temperature control to major sporting events
worldwide.”
-----Ends----
Editor’s Notes
Aggreko plc is the world leader in
the supply of
temporary power and
temperature control solutions. Aggreko employs over 3,500
permanent people operating from over 144 locations. In 2009 we
served customers in about 100 countries, and had revenues of
approximately £1.0bn (USD $1.6bn or Euros €1.1bn). Aggreko plc is
listed on the London Stock Exchange (AGK.L), is a member of the
FTSE-100 index, and is headquartered in Scotland. For more
information, please visit the company website at http://www.aggreko.com/
Aggreko provides power and
temperature control solutions to customers who need them either
very quickly, or for a short or indeterminate length of time.
Examples would be the supply of power to an industrial site which
needs to service its permanent power supply, supplying a whole city
in times of power shortage, or providing a major sporting event
with power and cooling systems. We serve our customers either
through our 144 service centres, which we call the Local Business,
or globally through our International Power Projects business.
In the Local
business, which accounts for about 60% of our revenues, we hire
our equipment to customers, who then operate it for themselves,
although we retain responsibility for servicing and maintaining
it. In the
International Power Projects business, which accounts
for about 40% of revenues, we operate as a power producer. We
install and operate power plants and we charge our customers both
for providing the generating capacity, and for the electricity we
produce. We design and manufacture equipment specifically for these
requirements in our factory in Dumbarton, Scotland.
Recent customers include the
Beijing 2008 Olympics, the Vancouver 2010
Olympics and the power utilities in over 50 countries
including the UK, France,
Angola, Kenya,
Indonesia, Bangladesh,
Venezuela, Chile, Brazil and the
USA.
For more information, please visit
the company website at: http://www.aggreko.co.za/