logo
Share SHARE
FONT-SIZE Plus   Neg

Wood Group GTS Obtains 5-yr Contract Extension From Sacramento Power Authority

Wood Group (John) Plc (WG.L) said its Wood Group GTS secured a five-year contract extension from Sacramento Power Authority, or SPA, for the operations and maintenance of their SPA CoGen III facility in Sacramento, California, bringing the total contract term to ten years.

SPA is a Joint Powers Authority formed by the Sacramento Municipal Utility District and the SMUD Financing Authority.

The 160MW SPA CoGen III project consists of a Siemens V84.2 gas turbine operating in cogeneration cycle, providing power and steam to the Campbell's Soup facility adjacent to the power plant. As per the agreement, Wood Group GTS is responsible for care and custody of the plant, including daily operations and routine maintenance. This contract renewal strengthens the relationship between both companies and follows a similar extension of an O&M contract for SMUDFA's Cosumnes Power Plant in 2011.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. (AAPL) has announced that it recently sold its 1 billionth iPhone, about nine years after the first iPhone was launched. "iPhone has become one of the most important, world-changing and successful products in history. It's become more than a constant companion. iPhone is truly an essential... Fiat Chrysler Automobiles's US will focus on Jeep SUVs and Ram Pickups and plans to stop producing small passenger cars from early next year. The plan to stop Dart and Chrysler 200 production will be effective by first quarter of 2017. The new plans are expected to increase profit margins, as SUVs... Royal Bank of Canada got the highest ranking in overall customer satisfaction among the five biggest Canadian banks, according to the results of an annual survey released Thursday. The lender toppled Toronto-Dominion Bank, which had held the top spot for the past ten years.
comments powered by Disqus
Follow RTT