Aggreko and Shanduka Recognised for Delivering Africa's Best Fast Track Power Project

JOHANNESBURG, South-Africa, April 11, 2013/African Press Organization (APO)/ -- The Aggreko Shanduka cross-border power project, located at Ressano Garcia in Mozambique has been awarded Africa's Best Fast Track Power Project in 2012 at the Africa Energy Awards. The award ceremony took place during the gala dinner of the Power and Electricity World Africa conference and exhibition being held from the 8th to 11th of April in Johannesburg.

Logo Aggreko: http://www.photos.apo-opa.com/plog-content/images/apo/logos/aggreko.jpg

Commissioned in July 2012, the Ressano Garcia project is recognised as the world's first interim cross-border IPP (Independent Power Provider) project. Utilising natural gas from Mozambique's Temane gas fields, the output of the plant is being injected directly into the national grid of Mozambique on site via a purpose built substation. The project saw the generation and supply of 110 MW of power to Electricidade de Mocambique (EDM), the national utility of Mozambique and cross-border to Eskom, the South African national utility.

While being a highly innovative project in terms of delivering much needed power to both countries, the judges where impressed by the truly fast-track nature of the project. Commissioning the project, from first breaking ground to being fully operational, took less than four months. This included a substantial civil infrastructure programme involving the building of access roads, a 1.2 km high pressure gas pipeline, gas processing and de-pressurising infrastructure, a major substation and 1.5 kilometres of 275 kV transmission line.

The project is connected to the Southern African Power Pool (SAPP) which links the power grids of nine Southern African countries. Taking advantage of this exceptional transmission infrastructure and the flexible nature of Aggreko's power installations, on March 14th 2013 Aggreko (http://www.aggreko.com) announced that it would extend the Ressano Garcia facility to add an additional 122 MW. Coming on-line within the second quarter of 2013, this additional power will be shared between EDM and NamPower, the Namibian national utility and bring the total generating capacity of Ressano Garcia to 232 MW.

“To realise a project of this scale and complexity, the global resources of Aggreko were mobilised to project manage and engineer the installation of Ressano Garcia. This capability coupled with the expertise of our partnering contractors and customers, working together as one team resulted in the successful delivery of this remarkable project,” commented Ron Sams, Global Operations and Technology Director, Aggreko.

“We are thrilled to receive this award in conjunction with our partner Aggreko,” commented Phuti Mahanyele, CEO, Shanduka Group. “Access to sufficient and stable power supplies creates tremendous value for the development of the region. This project has also brought significant benefits to the local population, providing increased employment opportunities, stimulating wider economic activity and, through Shanduka's Adopt-a-School Foundation, assisting in the development of a local primary school, Escola Primaria Completa De Ressano Garcia.”

Commenting on the award James Shepherd, Managing Director, Aggreko Southern and East Africa, “I'm delighted that what is indeed a unique and ground-breaking project has been recognised as such by our industry peers. Building a power plant of such size and complexity, on a completely greenfield site, in less than four months is truly remarkable. This award recognises the vision and hard work of the project team from Aggreko and Shanduka, our customers EDM and Eskom and all the partners that made this project such a resounding success.”

Distributed by the African Press Organization on behalf of Aggreko plc.

Editor's Notes

Aggreko plc

Aggreko plc (http://www.aggreko.com) is the world leader in the supply of temporary power and temperature control solutions. Aggreko employs over 5,700 people operating from 194 locations. In 2012 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.5bn or Euros 2.0bn). Aggreko plc is listed on the London Stock Exchange (AGK.L), is a member of the FTSE-100 index, and is headquartered in Scotland. For more information, please visit the company website at http://www.aggreko.com

Aggreko provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time. Examples would be the supply of power to an industrial site which needs to service its permanent power supply, supplying a whole city in times of power shortage, or providing a major sporting event with power and cooling systems. We serve our customers either through our 194 service centres, which we call the Local business, or globally through our International Power Projects business.

In the Local business (http://www.aggreko.com/products-and-services), which accounts for about half of our revenues, we hire our equipment to customers, who then operate it for themselves, although we retain responsibility for servicing and maintaining it. In the International Power Projects business (http://www.aggreko.com/industries/case-study-library), which also accounts for about half of our revenues, we operate as a power producer. We install and operate power plants and we charge our customers both for providing the generating capacity, and for the electricity we produce. We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.

Recent customers include the London 2012 Olympic and Paralympic Games (http://www.aggreko.com/media-centre/press-releases/aggreko-supports-a-powerful-london-2012), the Vancouver 2010 Olympic Winter Games (http://www.aggreko.com/events/the-olympics/vancouver-2010) and the power utilities in over 50 countries including the UK (http://www.aggreko.co.uk), France (http://www.aggreko.fr), Angola, Kenya (http://africa.aggreko.com), Indonesia, Bangladesh, Venezuela, Chile (http://www.aggreko.cl), Brazil (http://www.aggreko.com.br) and the USA (http://us.aggreko.com).

In 2012 we fulfilled almost 45,000 customers' assignments and 70% of those who responded to our research gave us a recommendation of 9 or 10 out of 10.

For more information, please visit our local website at: http://www.aggreko.co.za

Shanduka Group

Shanduka Group was founded in 2001 as a black-owned investment holding company. It is invested in a diverse portfolio of listed and unlisted companies, with key holdings in the resources and food and beverage industries. Shanduka is also invested in the financial services, energy, telecoms, property and industrial sectors. The group has investments in South Africa, Mozambique, Mauritius, Ghana and Nigeria.

The company's investment philosophy rests on partnering with firms that have a history of delivering profitable earnings and capable management teams that embrace transformation.

Shanduka's broad-based ownership demonstrates its commitment to empowerment and transformation. Part of its shareholding is held by trusts that invest in education and small business development. Total black ownership is 51%, of which an 18% shareholding is held by broad-based trusts.

For more information on Shanduka, please visit our website at: http://www.shanduka.co.za

Enquiries to:

Nicholas van Santen

PR Manager, Aggreko EMEA

Tel: +971 56 682 5978

E-mail: [email protected]

Steyn Speed

Shanduka Group

Tel: +27 11 305 8900

E-Mail: [email protected]