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The project, worth approximately €23 million, will enable part of the country's energy demand to be supplied in an efficient and sustainable way.
- Abengoa will be responsible for the engineering, construction, maintenance and operation of the 210 km project.
WASHINGTON, Nov. 21, 2014 (GLOBE NEWSWIRE) -- Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB), the company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been selected by the National Power and Drinking Water Office (ONEE) for a new electricity transmission project in Morocco. The contract, worth approximately €23 million, will enable part of the country's energy demand to be supplied in an efficient and sustainable way, as well as improving the interconnection with Algeria.
Abengoa will be responsible for the engineering, design, construction, maintenance and commissioning of the 210 km power transmission line, ensuring the highest levels of quality at every stage. The line is expected to come into operation in 2016.
The project consists of three 400kV sections: Matmata–Msoun, Msoun–Gteter and Bourdim–Jerada, which are 80 km, 80 km and 50 km respectively. They are located in the northern part of the country and will improve the connection of the Moroccan power grid with the Algerian network.
This new project will expand Abengoa's experience of transmission lines, consolidating its leadership position in this sector around the world, in which it has more than 30,000 km in these types of transmission projects as well as developing electricity transport infrastructures.
About Abengoa
Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)
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