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A/AEG

AEG Power Solutions is Awarded Global Framework Agreement with BP

2013-11-25 15:21
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  • This win of strategic importance secures AEG Power Solutions’ position as one of the leaders for power supplies on the Oil & Gas market
  • Technical Expertise made the difference

ZWANENBURG, The Netherlands--()--AEG Power Solutions (FWB:3W9) have been awarded a five year global framework agreement with BP to supply IEC compliant AC & DC UPS Systems for BP's Global Projects Organisation.
This framework agreement enables BP’s Global project teams (including their EPMS/EPC contractors) to access AEG Power Solutions international resources to supply IEC AC & DC UPS Systems.
AEG Power Solutions have demonstrated technical & commercial capabilities that increase product quality, reliability and drive standardisation within the UPS category.
“We are very proud to be part of BP suppliers”, explains Gert Buist, VP and GM Industrial Power Solutions for AEG Power Solutions, “This contract is of great significance in many respects and does reinforce that we are very much a highly respected and acknowledged custom solutions provider capable of engineering solutions for the most challenging of applications where safety and reliability are crucial.”

In the field of Uninterruptible Power Supply (UPS) Systems, AEG Power Solutions is one of the few approved vendors manufacturing AC & DC solutions who can provide a range varying from small power ratings through large scale industrial UPS, with a strong focus in Transport, Oil & Gas and Power Generation as well as General Industry.

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About AEG Power Solutions
AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial power requirements offering one of the most comprehensive product and service portfolios in the area of power conversion and power control. Two complementary operating business segments, Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) serve customers worldwide. The RES product and service portfolio consists of systems and solutions for solar power plants, such as solar inverters, monitoring and control systems as well as power controllers for a wide range of industrial applications such as polysilicon, energy storage, sapphire and glass. The EES product and service portfolio includes high-performance uninterruptable power supplies (UPSs), industrial chargers and DC systems.

Thanks to its distinctive expertise bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for smart grids.

AEG PS’ global footprint includes 22 facilities and offices around the world with 1,600 employees.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W Power S.A. (WKN A0Q5SX / ISINLU0953526265), based in Luxembourg. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9).

For more information, visit www.aegps.com.

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

 

Contacts

John Ferriman,
Tel.: +44 7880 197713
Oil&Gas &Petrochemical Global Manager
AEG Power Solutions
Email: john.ferriman@aegps.com
or
Claire Pairault, Tel.: +331 555511076
Mobile: +33 6 19609164
Corporate Communications
AEG Power Solutions
Email: claire.pairault@aegps.com