Wärtsilä wins a major EUR 155 million power p...

Wärtsilä Corporation, Company Announcement, 7 September 2011, at 9.30 am (EET)

Wärtsilä, a leading global supplier of flexible and efficient power plant
solutions, has been awarded a turnkey contract to supply a gas-fired power plant
to the Dominican Republic. The new power plant will provide electricity for a
gold mine. The value of the order is EUR 155 million.

The contract was signed with Barrick Gold of North America, Inc., a subsidiary
of the Canada based Barrick Gold Corporation. The power plant will serve and
supply electricity for the Pueblo Viejo gold mine.

Wärtsilä's scope of supply includes 12 dual fuel Wärtsilä 50DF engines, as well
as a full engineering, procurement, and construction contract for the project.
The dual-fuel flexibility of these Wärtsilä engines is an important advantage,
since they can run both on liquid fuels and on natural gas.

"This is a major contract for Wärtsilä. The high efficiency of Wärtsilä's
combined cycle technology and the fast-track construction schedule were key
factors in Wärtsilä being awarded this significant order. The dual-fuel
capability and competitive investment costs were important factors as well,"
says Mr Sampo Suvisaari, General Manager, Central America and the Caribbean,
Wärtsilä Power Plants.

Barrick Gold was already a customer of Wärtsilä prior to this order. Wärtsilä
has earlier delivered two power plant projects to the company.

Wärtsilä has a strong presence in the Dominican Republic with already 900 MW of
installed generating capacity in the country.

For further information, please contact:

Mr Sampo Suvisaari
General Manager, Central America and the Caribbean
Wärtsilä Power Plants
Tel: [phone]
[e-mail]

Mr Atte Palomäki
Group Vice President, Communications & Branding
Wärtsilä Corporation
Tel: [phone]
[e-mail]


Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers. In 2010, Wärtsilä's net sales
totalled EUR 4.6 billion with more than 17,500 employees. The company has
operations in 160 locations in 70 countries around the world. Wärtsilä is listed
on the NASDAQ OMX Helsinki, Finland.www.wartsila.com








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Source: Wärtsilä Oyj Abp via Thomson Reuters ONE

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