Aggreko Opens Thailand Depot to Enhance Presence in Southeast Asia

SINGAPORE, June 10, 2014 /PRNewswire/ --

Aggreko, the world leader in the provision of temporary power and temperature control solutions, today announced the opening of a new depot in Songkhla, Thailand, to enhance service standards for both existing and potential customers throughout Southeast Asia. The announcement comes as Aggreko seeks to drive business growth in key sectors across the region, with Thailand selected for its strategic location and proximity to current and future customers.

Having traditionally served regional customers from a central location in Singapore, the new service depot will assist the needs of Thailand and neighbouring Myanmar, Cambodia, Vietnam and Laos. The move strengthens Aggreko's presence and reach across Asia - currently with 27 offices - and allows it to help bridge the power gap in key markets.

In increasing the scope and efficiency of its offering, Aggreko will enable customers to realise their business potential, drive business continuity and power mission-critical assignments until improvements to energy infrastructure can be achieved across the region. It will also allow Aggreko to provide faster turnaround times for services, increased flexibility and significant savings on equipment logistics.

"We are excited by the prospect of increasing our business activity in Thailand, whose vibrant economy and proliferation of relevant industries makes it an obvious location for a second regional depot," said Debajit Das, Regional Director - APAC (Asia Pacific) for Aggreko. "Our decision to establish a physical presence here reflects confidence from customers in our ability to help them overcome roadblocks and eliminate power limitations in a way that makes business sense, even in the most extreme conditions."

Kuah Boon Kiam, General Manager, Southeast Asia - Aggreko, added: "Thailand is the cornerstone of Aggreko's growth plans in Southeast Asia. We aim to build on the success we have already achieved to grow our customer base here and in neighbouring countries by delivering unmatched scale, deep sector-specific knowledge and an experienced team that understands both the local and regional energy landscape."

EDITOR'S NOTES  

Aggreko plc is the world leader in the supply of temporary power and temperature control solutions. Aggreko employs over 6,000 people operating from 202 locations. In 2013 we served customers in about 100 countries, and had revenues of approximately GBP 1.6bn (USD 2.5bn or Euros 1.9bn). Aggreko plc is listed on the London Stock Exchange (AGK.L), is a member of the FTSE-100 index, and is headquartered in Scotland.

Aggreko provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time. Examples would be the supply of power to an industrial site which needs to service its permanent power supply, supplying a whole city in times of power shortage, or providing a major sporting event with power and cooling systems. We serve our customers either through our 202 service centres, which we call the Local business, or globally through our Power Projects business.

In the Local business, which accounts for about half of our revenues, we hire our equipment to customers, who then operate it for themselves, although we retain responsibility for servicing and maintaining it. In the Power Projects business, which also accounts for about half of our revenues, we operate as a power producer. We install and operate power plants and we charge our customers both for providing the generating capacity, and for the electricity we produce. We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.

Recent customers include the London 2012 Olympic and Paralympic Games, the Ryder Cup and Cirque du Soleil and the power utilities in over 50 countries including the UK, France, Ivory Coast, Mozambique, Indonesia, Bangladesh, Argentina, Venezuela, Chile, Brazil and the USA.

In 2013 we fulfilled almost 48,000 customers' assignments and 72% of those who responded to our research gave us a recommendation of 9 or 10 out of 10.

For more information, please visit our local website at: http://www.aggreko.com

SOURCE Aggreko