Duro Felguera wins award for combined cycle power plant in Romania for 269 million Euros

(Gij?n, 02 November 2016)--Duro Felguera, S.A., via its Energy Division, has signed a turnkey contract with ROMGAZ (a company 70% owned by the State of Romania) for the construction of a 430 MW combined cycle power plant in Iernut (Romania). Duro Felguera is at the head of a consortium with the local company Romelectro to deliver the project, valued at 269 million Euros.

The delivery period is 36 months and the project is currently awaiting the order to start, initially foreseen for January 2017.

The delivery of the project awarded will be carried out in a consortium with the local company Romelectro; DF Energy?s scope consists of the basic and detailed engineering, the procurement of the main equipment, supervision of the works and assembly of the gas and steam turbines, and commissioning the facility.

In order to win this contract, DF Energy made the most of its lengthy experience and acknowledged know-how in the design and construction of energy plants.

This award is DF Energy?s first major contract in Eastern Europe. In terms of market and product selection, commercial differentiation and the low risk profile, it ratifies the transformation started by DF Energy a year ago. The results of this commitment to excellence in the delivery of projects and getting the commercial edge over others are now evident in the backlog of the main projects under execution (Chile, Peru, Mexico and Algeria). This new contract in Romania is an excellent opportunity for DF Energy to enhance the improvements implemented and consolidates a promising market, complementary to its traditional leadership in Latin America.

DF Energy is the DF division specializing in energy projects. With over 20 years? international experience, the company is a worldwide benchmark in the delivery of turnkey projects for gas-fired open cycle and combined cycle power plants.

DF Energy has delivered over 50 power plants under EPC (Engineering, Procurement and Construction) contracts and has installed over 22,000 MW in Europe, Latin

America and Africa. DF is currently bidding on other electrical power plants all over the world. (ends)