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Shenyang Power, US-REG and Cielo Wind Sign Definitive Agreement for 600 MW Texas Wind Farm Project
A-Power is a shareholder of SPG. A-Power has been designated to supply wind turbines to this project, which is expected to be one of the largest wind farms in the U.S. No details of the agreement were disclosed.
On
About A-Power
A-Power Energy Generation Systems Ltd. ("A-Power"), through its
Safe Harbor Statement
This press release may contain forward-looking statements. Any such
statement is made within the 'safe harbor' provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking statements
can be identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," and other similar
statements. Statements that are not historical facts, including statements
relating to anticipated future earnings, margins, and other operating results,
future growth, construction plans and anticipated capacities, production
schedules and entry into expanded markets are forward-looking statements.
Such forward-looking statements, based upon the current beliefs and
expectations of our management, are subject to risks and uncertainties, which
could cause actual results to differ materially from the forward-looking
statements, including but not limited to, the risk that: inclement weather
conditions could adversely affect our operating results in particular quarters
and/or fiscal years; we may experience construction, manufacturing and
development delays on our projects which could adversely affect our financial
condition and operating results; various memorandum of understandings we
signed with third parties may not evolve into definitive contracts and thus,
we may not derive revenues from such agreements; our limited operating history
and recent entrance into new jurisdictional markets may make it difficult for
you to evaluate our business and future prospects; we may not be able to
successfully develop our business in new jurisdictional markets, which would
have a negative impact on the results of our operations derived from such new
jurisdictional markets; our customers may not be able to obtain the financing
required for these projects, and thus, we may not be able to derive revenues
from such agreements, as well as other relevant risks detailed in our filings
with the Securities and Exchange Commission, including those set forth in our
annual report filed on Form 20-F for the fiscal year ended
For more information, please contact:
John S. Lin
Chief Operating Officer
A-Power Energy Generation Systems
Email: john@apowerenergy.com
Dixon Chen
Investor Relations
Grayling
Tel: +1-646-284-9403
Email: dixon.chen@us.grayling.com
SOURCE A-Power Energy Generation Systems, Ltd.
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