Nordic Business Report-April 11, 2006-Wartsila Corporation wins EUR100m power contract in California
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The Finnish power solutions provider Wartsila Corporation said on Monday (10 April) that it has received a contract for a gas power plant from US electrical utility Pacific Gas and Electric Company (PG&E).
The contract covers the supply of a 163 MW plant to replace PG&E's existing power plant in Humboldt Bay, California.
The new plant will produce electricity for some 125,000 homes.
The contract is worth in excess of EUR100m.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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