EANS-News: ANDRITZ to supply electro-mechanical equipment for the new Sambangalou hydropower plant in Senegal CNE

12/17/2020, 9:00 AM (Source: euro adhoc)


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Company Information

Graz - December 17, 2020. International technology group ANDRITZ has received an
order - as part of a consortium with VINCI Construction - for the supply of
electro-mechanical equipment for the new Sambangalou hydropower dam in the
Senegalese region of Kédougou, bordering Guinea. The contract for ANDRITZ with a
value of approximately 100 MEUR is expected to be booked in Q2 2021.

The ANDRITZ scope of supply includes the complete "from water-to-wire" solution,
including three Francis turbines with a total output of 128 MW, generators and
all other equipment required.

Work will begin in the first half of 2021 and is scheduled to last 48 months. At
the peak of activities, the overall site will employ up to 1,000 people
recruited and trained locally. The Sambangalou hydropower plant will enable the
production of renewable energy for the benefit of the surrounding rural
localities, the development of irrigation systems for agricultural land as well
as the supply of drinking water for the neighboring districts.

The owner of the hydropower plant is the Gambia River Development Authority, a
corporate body formed by the four countries through which the river flows:
Senegal, Guinea, Guinea-Bissau and The Gambia.

This new contract is a further collaboration between ANDRITZ and VINCI and
demonstrates ANDRITZ's strong market position in the supply of hydropower
equipment for sustainable hydroelectric infrastructure projects.

- End -

International technology group ANDRITZ offers a broad portfolio of innovative
plants, equipment, systems and services for the pulp and paper industry, the
hydropower sector, the metals processing and forming industry, pumps, solid/
liquid separation in the municipal and industrial sectors, as well as animal
feed and biomass pelleting. The global product and service portfolio is rounded
off with plants for power generation, recycling, the production of nonwovens and
panelboard, as well as automation and digital solutions offered under the brand
name of Metris. The publicly listed group today has around 27,800 employees and
more than 280 locations in over 40 countries.

ANDRITZ Hydro is one of the globally leading suppliers of electromechanical
equipment and services for hydropower plants. With over 175 years of experience
and an installed fleet of more than 430 GW output, the business area provides
complete solutions for hydropower plants of all sizes as well as services for
plant diagnosis, refurbishment, modernization and upgrade of existing hydropower
assets. Pumps for irrigation, water supply and flood control as well as turbo
generators are also part of this business area's portfolio.

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Finance, Corporate Communications & Investor Relations
Phone: +43 316 6902 2979
Fax: +43 316 6902 465

end of announcement                         euro adhoc

issuer:       Andritz AG
              Stattegger Straße 18
              A-8045 Graz
phone:        +43 (0)316 6902-0
FAX:          +43 (0)316 6902-415
mail:         welcome@andritz.com
WWW:          www.andritz.com
ISIN:         AT0000730007
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

EAX0001    2020-12-17/09:00

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