InvestorsHub Logo

eFinanceMarkets

07/04/17 9:18 AM

#108 RE: eFinanceMarkets #107

Southern Co., Finland's Wärtsilä to develop two large U.S. gas power plants

Finland-based power generation technology provider Wärtsilä signs an MoU with Southern Co. (SO -0.4%) to develop two flexible gas power plant projects in the U.S., which SO says could be as large as 450 MW each; financial information is not disclosed.

SO will be responsible for the project development, while Wärtsilä will offer technical and commercial support.

Wärtsilä's global installed power plant base totals 63 GW in 176 countries.