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ANDRITZ receives important order for a new pumped storage plant in Portugal

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Company Information

Graz/Vienna, August 5, 2016. ANDRITZ HYDRO GmbH, a member of
international technology group ANDRITZ, has been contracted by the
Spanish energy utility IBERDROLA GENERACIÓN to supply the
electro-mechanical equipment and the penstock for the new pumped
storage hydropower plant Gouvães in Portugal. The total contract
value for ANDRITZ amounts to about 140 million euros.

The scope of delivery comprises design, manufacturing, supply, and
installation supervision for the complete electro- and
hydro-mechanical equipment, including reversible pump turbines, motor
generators, and electrical power systems, as well as design,
manufacturing, supply, and complete installation of a penstock
(including three bifurcators) with a total weight of about 12,000
tons, an average diameter of about 5,400 mm and a length of 2.5 km.

With four pump turbines with a capacity of 220 MW each, Gouvães will
be the heart of a new hydroelectric generation and storage scheme,
which finally will consist of three power stations and total power
production of almost 1,200 MW. It will be built on the Támega River
in Northern Portugal, close to the city of Porto. Gouvães will cover
the need for peak-load energy and provide fast-responding regulating
power. Together with the base load generation from the other two
power stations of smaller size, this scheme will ideally complement
the volatile electricity generation from wind power, which has been
growing significantly in recent years. Additionally, the project will
have a very positive impact on the employment situation in the
region.

To provide a safe basis for the design of the technically outstanding
high-head pump turbines with a net head of about 660 m, extensive
research and model testing activities have been performed in ANDRITZ
HYDRO's own test laboratory in order to make sure that the
requirements of IBERDROLA GENERACIÓN regarding feasibility and
reliability will be met in an optimum way.

This is the third large contract between IBERDROLA GENERACIÓN and
ANDRITZ HYDRO on the Iberian Peninsula, after having received the
contracts for the equipment deliveries for the San Pedro II
hydropower plant in 2011 and for modernization of the Aldeadávila
hydropower plant in 2014.

- End

The ANDRITZ GROUP ANDRITZ is a globally leading supplier of plants,
equipment, and services for hydropower stations, the pulp and paper
industry, the metalworking and steel industries, and for solid/liquid
separation in the municipal and industrial sectors. The publicly
listed technology Group is headquartered in Graz, Austria, and has a
staff of approximately 25,700 employees. ANDRITZ operates over 250
sites worldwide.

ANDRITZ HYDRO ANDRITZ HYDRO is one of the leading global suppliers of
electromechanical equipment for hydropower plants. With over 170
years of accumulated experience and more than 30,000 turbines
installed, totaling approximately 420,000 megawatts output, the
business area supplies the complete product range, including
turbines, generators, and additional equipment of all types and sizes
- "from water to wire" for small hydro applications up to large
hydropower plants with outputs of more than 800 megawatts per turbine
unit. ANDRITZ HYDRO is also well positioned in the growing
modernization, refurbishment, and upgrade market for existing
hydropower plants. Pumps (for water transport, irrigation of
agricultural land, and applications in various industries) and
turbogenerators for thermal power plants are also allocated to the
business area.

Further inquiry note:
Dr. Michael Buchbauer
Head of Corporate Communications
Tel.: [phone]
Fax: [phone]
mailto:[e-mail]

end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English