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PRESS RELEASE 12 Feb 2015

Pöyry awarded consulting assignment for construction of hydropower plant in Cambodia

PÖYRY PLC     Press release 12 February 2015 at 10 am (EET)

Pöyry awarded consulting assignment for construction of hydropower plant in Cambodia

Hydro Power Lower Se San 2 Company Limited has awarded Pöyry with a consulting assignment for the construction of Lower Se San 2 (LSS2) hydropower plant in the Kingdom of Cambodia.

The assignment includes Independent Engineer services consisting of construction monitoring and inspection during the entire construction period. The LSS2 hydropower plant will be for power generation with a daily regulation capacity for grid regulation and peak production. The installed capacity will be 400 MW and mean annual energy output will be 1.97 billion kWh. The project will be executed up to the end of 2018.

The project, developed by Hydro Power Lower Se San 2 Co. Ltd, is located on the main stream of the Se San River in Se San District in Stueng Traeng Province of the Kingdom of Cambodia.

"This assignment further strengthens Pöyry's position as one of the world's leading hydropower engineering consultancies. Through our comprehensive expertise and references, we provide our clients with the exact services they need and complete investment projects on time", says Didier Mallieu, Vice President, Hydropower and Renewable Energy, Pöyry.

The value of the order is not disclosed. The order will be recognised within the Energy Business Group order stock in Q1/2015. 

PÖYRY PLC

Additional information by:

Knut Sierotzki
Director, Hydropower and Renewable Energy Asia, Energy Business Group
Tel. +66 89 2007463

Didier Mallieu
Vice President, Hydropower and Renewable Energy, Energy Business Group
Tel: +41 44 355 55 55

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and locally in our core markets. We deliver strategic advisory and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2014 were EUR 571 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).