SNC-LAVALIN WINS EPC CONTRACT TO COMPLETE SUPERCRITICAL THERMAL POWER PLANT IN POLAND
SNC-Lavalin has entered into an engineering, procurement and construction (EPC) contract with Elektrownia Patnow II Sp. z.o.o. (EPII), valued at $298 million (approx. €204 million), to complete a 460 MW lignite-fired supercritical thermal power plant in Poland. EPII is a special purpose company with its core investor being Patnow-Adamow-Konin S.A. (PAK).
Work begins immediately, and the project is expected to be completed in about 28 months. Once completed, at an overall cost of approximately $600 million, the Patnow II power plant will be the largest, most efficient and environmentally clean brown coal fired unit in Poland.
“This will be a highly visible contract showcasing our thermal power expertise in the European Union,” said Klaus Triendl, Executive Vice-President, SNC-Lavalin. “We are also very pleased to be putting our leading-edge expertise in thermal power to work on a project that will, not only provide power for the Polish grid, but also contribute to meeting EU requirements to decrease air pollution because it replaces old and obsolete equipment.”
The new 460 MW unit is the first stage in PAK’s overall program of modernization and environmental upgrades. Since PAK provides 13 percent of total Polish electricity, the program is expected to significantly reduce Polish emissions, and provide a long-term source of stable and cost-efficient energy to Polish industry and consumers.
John Gillis, Senior Vice-President and General Manager of SNC-Lavalin, Thermal Division, said “This is a large state-of-the-art thermal power plant using advanced generation and environmental technologies. It allows us to combine Canadian, American, Polish and French expertise together in a project which will set a new benchmark for this type of project in the region.”
SNC-Lavalin (TSX:SNC) is one of the leading groups of engineering and construction companies in the world, a global leader in the ownership and management of infrastructure, and a key player in facilities and operations management. The SNC-Lavalin companies have offices across Canada and in 30 other countries around the world, and are currently working in some 100 countries. www.snclavalin.com .
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Media ContactGillian MacCormack
Vice-President, Global Public Relations
SNC-Lavalin Group Inc.
Vice-President, Investor Relations
SNC-Lavalin Group Inc.