Atlas Corp’s wholly-owned subsidiary APR Energy Ltd. today announced it secured contracts to utilize ten gas turbines. In fact, those turbines are rated for up to 330MW of generation capacity for the summer peaking protocol.
Accordingly, these turbines will work across three sites in Mexicali, Baja California, Mexico.
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APR Energy on securing contracts for gas turbines utilization in Mexico
Today, Atlas Corp’s wholly-owned subsidiary APR Energy Ltd. announced it secured contracts to utilize ten gas turbines in Mexicali, BC, Mexico. In fact, those turbines are rated for up to 330MW of generation capacity for the summer peaking protocol.
Therefore, these turbines will work across three sites in Mexicali, BC, Mexico. Moreover, this is APR’s third consecutive year supplying baseload generation in the region during the summer months.
Indeed, this time is when the region experiences acute electricity deficits impacting the local population and industry. Therefore, APR stated it is uniquely positioned to fulfill demanding timelines to deliver electricity.
Notably, by utilizing its expertise and extending its track record of providing fast-track power to projects worldwide. Accordingly, the Company expects these Mexicali projects to become operational during the second quarter of 2021 and continue through the third quarter of 2021.
On the one hand, Atlas is a leading global asset management company, differentiated by its position as a best-in-class owner and operator. Particularly with a focus on disciplined capital deployment to create sustainable shareholder value.
Reception and more about the contract
Therefore, the Company targets long-term, risk-adjusted returns across high-quality infrastructure assets in the maritime sector. Also, in the energy sector and other infrastructure verticals
On the other hand, APR Energy provides rapidly deployable power and long-term generation solutions to governments, utilities, and industries worldwide.
In this sense, Bing Chen, CEO of Atlas, commented, “APR has consistently delivered operational excellence over the past two years in Mexicali. Also, we expect the same for this year as we continue to provide services to the people and companies of the region with reliable turnkey solutions.”
Thus, by leveraging APR’s track record in the Mexican market and growing local partnerships; we look forward to working with the national and regional government authorities, utilities, and private industry. Mainly, to provide both fast-track and longer-term solutions. Hence, ensuring reliable and affordable power in the coming years.”
Brian Rich, President and COO of APR commented; “We are proud of our team’s commitment to deliver and build upon our relationships over the past years. In fact, by providing the right solutions to satisfy much-needed power generation on a fast-track basis. Therefore, we look forward to continuing our strong track record this year. This while developing opportunities for APR in other regions of the country.”