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Contract Wins and Joint Ventures

Aggreko's Argentina contracts extended

16 January 2017 07:59

Aggreko says the government of Argentina has extended the company's fixed site contracts, equivalent to 174MW, until 31 December. The original contracts amounted to 180MW.

Of the standby contracts, which originally totalled 270MW, 56MW off-hired in 2016, leaving the balance at 214MW.

These remaining contracts have now all been extended until the end of February or March.

Aggreko says all of the extensions have been priced in-line with its expectations.

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Related Company: AGK

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