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Wärtsilä Oyj Abp: Wärtsilä to supply two 50 MW power plants to the United Kingdom

Wärtsilä Corporation, Press release, 31 January 2017 at 10:00 am EET

Wärtsilä will supply two 50 MW Smart Power Generation plants to energy and
services company Centrica in the UK. Each plant is based on five Wärtsilä
34SG engines running on natural gas. The power plants are scheduled to be
operational in 2018. Wärtsilä's scope covers the engineering, procurement and
construction (EPC). The order is booked in January, 2017.

Centrica was successful in the latest capacity market auction in the UK
securing agreements for more than 500MW of new build power facilities. The
two gas-fired Smart Power Generation plants will be located at Brigg in North
East Lincolnshire and Peterborough in Cambridgeshire. The plants will
generate balancing power into the national grid and will together be capable
of providing electricity for approximately 100,000 homes in less than two
minutes from start to full load.

The ability to start rapidly is one of the key reasons why Wärtsilä's power
plant technology was chosen for these sites. The UK has added substantial
amounts of intermittent renewable power generation and the power system needs
flexible power plants to make sure that the system is kept reliable.
Furthermore, the capacity mechanism in the UK allows Centrica to operate fast
response gas-fired plant competitively in the balancing market.

"Centrica's decision to go with our technology is a testament to the fact that
our Smart Power Generation technology plays a key role in the UK power
system. It shows that flexibility is needed and rewarded by the market," says
Bent Iversen, Business Development Manager at Wärtsilä Energy Solutions.

The plants will be the biggest medium-speed engine-based gas power plants in
the UK. With these new plants Wärtsilä's installed capacity in the UK exceeds
250 MW. Adding flexible gas power generation allows the UK to continue adding
more renewables to the power system and thus reducing system level emissions.
Wärtsilä's total installed power generation capacity is over 60GW in 176

Link to image

For more information:

Bent Iversen
Business Development Manager
Wärtsilä Energy Solutions
Tel: +45 96207765

Jukka-Pekka Niemi
General Manager, Marketing
Wärtsilä Energy Solutions
Tel: +358 50 465 2805

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 utility-scale solar
PV power plants, as well as LNG terminals and distribution systems. As of
2016, Wärtsilä has 60 GW of installed power plant capacity in 176 countries
around the world.

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 2016, Wärtsilä's net sales totalled EUR 4.8 billion with approximately
18,000 employees. The company has operations in over 200 locations in more
than 70 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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