Milan, 2 November 2016 – Maire Tecnimont S.p.A. announces that some of its main subsidiaries have been granted new awards worth approximately USD150 million.
Such awards relates to orders for licensing and engineering services in the oil & gas, petrochemicals and fertilizers core business, as well as renewable energy for a number of projects to be executed mainly in Europe and North and West Africa.
The award in the renewable energies witnesses Maire Tecnimont Group's vision in the sector through Met NewEn, the Group’s dedicated subsidiary, which has been granted an EPC contract worth over USD70 million by a major utility group in relation to the construction of a new wind farm in Mexico, due to be one of the largest in the country. Met NewEn will have responsibility over all the execution activities, civil and electrical, related to the farm and to its 80-km HV transmission line; supply and erection of the wind turbines will be under responsibility of the client.
Pierroberto Folgiero, Maire Tecnimont Chief Executive Officer, commented: “Renewable sources are changing the paradigm in the energy sector globally. Our Group has the strength and the competences to play a leading role in this new scenario. This award confirms our competitive approach in a promising market such as Latin America”.
Maire Tecnimont S.p.A.
Maire Tecnimont S.p.A. is a company listed with the Milan stock exchange. It heads an industrial group (the Maire Tecnimont Group) that leads the international Engineering & Construction (E&C), Technology & Licensing and Energy & Ventures markets, with specific competences in plants, particularly in the hydrocarbons segment (Oil & Gas, Petrochemicals and Fertilizers), as well as in Power Generation and Infrastructures. The Maire Tecnimont Group operates in approximately 30 different countries, numbering around 45 operative companies and a workforce of about 4,900 employees, of whom over half work abroad. For more information: www.mairetecnimont.com.
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