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Pöyry awarded energy consultancy services in Uruguay

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Copyright © Thomson Reuters 2012. All rights reserved.
2012-12-19 10:11:06 -

PÖYRY PLC          Press release 19 December 2012

Pöyry's Energy business group has been awarded an owner's engineering services
assignment by UTE, Uruguay's leading government owned power utility. The
consultancy services relate to a new combined cycle power plant called "Punta
del Tigre B" that will be erected in Uruguay. The contract includes a complete
design review of the EPC contractor documentation.

The overall value of the assignment for Pöyry is approximately EUR 1.9 million
and it will be booked in the fourth quarter order stock for 2012. The project
will start in February 2013 and will be completed by the end of 2016.

In the public tendering process, Pöyry was selected as the winner out of seven
bidders because of its technical excellence and competitive proposal that met
the client's expectations. The 
assignment strengthens Pöyry's position in the Latin America energy sector. "The project is yet further evidence of Pöyry's strong global competence in both new and refurbished power plants which are fit for the future," says Philipp Elkuch, Senior Vice President, Energy business group. PÖYRY PLC Additional information: Philipp Elkuch, Senior Vice President,Energy business group Tel. +41 44 355 55 54 Marco Cittadini, Managing Director, Pöyry Energy, Italy Tel. +39 01 029 10 51 Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With innovation, quality and integrity at our core, we deliver best-in-class strategic advisory, engineering, project implementation and operations support services. Our in-depth expertise extends to the fields of energy, forest industry, chemicals & biorefining, mining & metals, transportation, water and real estate. Pöyry has about 7,000 experts and an extensive local office network. Pöyry's net sales in 2011 were EUR 796 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V). DISTRIBUTION: Major media This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Pöyry Oyj via Thomson Reuters ONE [HUG#1666219]

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