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2016-03-15

Wärtsilä Oyj Abp: Wärtsilä supplies 28 MW propane power plant to Honduras

Wärtsilä Corporation, Press release, 15 March 2016 at 9.30 am EET

Wärtsilä will supply a 28 MW Smart Power Generation plant to Roatan Electric
Company (RECO) on the island of Roatan in Honduras. The turn-key order
includes four Wärtsilä 34SG-LPG engines running on propane gas. The power
plant will be delivered on a fast-track basis and is expected to be
operational by December 2016.

"Wärtsilä's solution will provide cleaner, more reliable and more efficient
energy to our customers. The multi-fuel capability gives us the advantage of
changing fuels in the future. We can use propane, ethane or methane,
depending on cost and availability. This will directly reduce the price of
electricity for consumers," says Richard Warren, Vice President and General
Manager of RECO.

RECO operates in the Bay Islands just off the northern coast of Honduras,
where the growing tourism industry has increased the demand for electricity.
By providing a reliable supply of energy, the new power station will help to
keep the lights on for tourists and locals alike.

"The infrastructure for importing, storing and handling propane is relatively
simple and inexpensive. This makes propane an attractive solution for the
Caribbean islands and other locations with no access to natural gas
pipelines," says Sampo Suvisaari, Regional Director at Wärtsilä Energy
Solutions. This is the second propane-fired power plant supplied by Wärtsilä
within a year.

Wärtsilä's installed power capacity in Honduras is approximately 500 MW. This
represents some 25 percent of the country's total installed capacity. In
Central America and the Caribbean, Wärtsilä's installed base is 4800 MW, and
globally 60 GW in 176 countries.

Download image

Link to 2015 November press release "Wärtsilä power plants now capable running
on propane"

Sampo Suvisaari
Regional Director
Wärtsilä Energy Solutions
Tel: +1 713 4746904
sampo.suvisaari@wartsila.com

Jussi Laitinen
Communications Manager
Wärtsilä Energy Solutions
Tel: +358 50 4042006
jussi.laitinen_external@wartsila.com

Wärtsilä Energy Solutions in brief

Wärtsilä Energy Solutions is a leading global supplier of ultra-flexible power
plants of up to 600 MW operating on various gaseous and liquid fuels. Our
portfolio includes unique solutions for baseload, peaking, reserve and
load-following power generation, as well as for balancing intermittent
renewable energy. Wärtsilä Energy Solutions also provides LNG terminals and
distribution systems. As of 2016, Wärtsilä has 60 GW of installed power plant
capacity in 176 countries around the world.
www.smartpowergeneration.com

Wärtsilä in brief

Wärtsilä is a global leader in advanced technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation and total efficiency, Wärtsilä maximises the environmental and
economic performance of the vessels and power plants of its customers.
In 2015, Wärtsilä's net sales totalled EUR 5 billion with approximately 18,800
employees. The company has operations in over 200 locations in more than 70
countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire

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