EANS-Adhoc: ANDRITZ to supply electro-mechanical equipment for nine hydropower stations in Mexico EAE

12/4/2021, 3:36 PM (Source: euro adhoc)

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  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.
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Company Information
04.12.2021

Graz - GRAZ/VIENNA, DECEMBER 4, 2021. International technology group ANDRITZ has
been selected by Comisión Federal de Electricidad, the national utility of
Mexico, to modernize and upgrade nine hydropower stations. ANDRITZ will execute
the order together with three local companies - GENERMEX, Hydroproject and
SEISA.

The order value for ANDRITZ has a mid triple-digit million euro amount, the
order will be booked during the next few months.

The scope of supply includes design, manufacturing, supply, transportation,
erection, testing and commissioning of 29 generators, 17 turbines, 21
transformers, turbine governors, SCADA supervisory control and data acquisition
system, control, excitation and protection systems, as well as the electrical
power and associated auxiliary systems.

The contract is scheduled to begin in December 2021, and commissioning is to be
completed in February 2027. By securing this prestigious contract, ANDRITZ will
further consolidate its leading position in the hydropower market in Mexico and
the region.

- End -

Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement                         euro adhoc
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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

EAX0002    2021-12-04/15:36

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