Andritz AG

EANS-News: ANDRITZ receives hydropower refurbishment contract in Canada

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Company Information

Graz - October 31, 2017. International technology group ANDRITZ has received a
contract from SaskPower, the leading utility company in the Canadian province of
Saskatchewan, to refurbish the E.B. Campbell hydroelectric power station on the
Saskatchewan River. The contract value amounts to over 90 million euros.

ANDRITZ will refurbish six of the eight units at the power station, which was
originally commissioned in 1963. The other two units were already refurbished by
ANDRITZ eight years ago. The scope of work includes model testing and the
replacement of six Francis turbine generator sets, including auxiliaries as well
as mechanical and electrical balance of plant. The Francis runners will have a
diameter of 4 meters and generate 35 MW each at a rated head of 32 m. The first
unit will be dismantled in August 2019 and put back into operation in July 2020.
The remaining five units will follow at a rate of one per year until 2025.

This is the biggest hydropower refurbishment contract to date for ANDRITZ in
Canada and once again strengthens ANDRITZ's favorable market position in the
large Canadian hydropower market.

- End -

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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 as well as for animal feed and biomass pelleting. Other important
business segments include automation and service business. In addition, the
international Group is also active in the power generating sector (steam boiler
plants, biomass boilers, recovery boilers, and gasification plants) and in
environmental technology (flue gas cleaning plants) and offers equipment for the
production of nonwovens, dissolving pulp, and panelboard as well as recycling
plants. The publicly listed technology Group is headquartered in Graz, Austria,
and has a staff of approximately 25,400 employees. ANDRITZ operates more than
250 sites in over 40 countries.

ANDRITZ HYDRO is one of the leading global suppliers of electromechanical
equipment for hydropower plants. With over 175 years of accumulated experience
and more than 31,000 turbines installed, totaling approximately 430,000
megawatts output, the business area provides the complete range of products,
including turbines, generators, and additional equipment of all types and sizes
- "from water to wire" for small hydro applications to large hydropower plants
with out-puts of more than 800 megawatts per turbine unit. ANDRITZ HYDRO is 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 Group Finance, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

end of announcement                         euro adhoc

issuer:       Andritz AG
              Stattegger Straße 18
              A-8045 Graz
phone:        +43 (0)316 6902-0
FAX:          +43 (0)316 6902-415
ISIN:         AT0000730007
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

Original content of: Andritz AG, transmitted by news aktuell

Additional press releases: Andritz AG

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