Table of Contents
Table of Contents 3
List of Tables 6
List of Figures 6
Wartsila Corporation, Power, Deals By Year, 2011 to YTD 2017 7
Wartsila Corporation, Power Deals By Type, 2011 to YTD 2017 8
Wartsila Corporation, Power, Deals By Region, 2011 to YTD 2017 9
Wartsila Corporation, Power, Deals By Sector, 2011 to YTD 2017 10
Wartsila Corporation, Power, Deals Summary, 2011 to YTD 2017 11
Wartsila Corporation, Power, Deal Details 12
Asset Purchase 12
Lafarge Africa, Wartsila and IFC to Invest USD400 Million in Expansion of Lafarge Ewekoro Power Plant in Ogun, Nigeria 12
Venture Financing 13
Greensmith Energy Raises USD12.3 Million in Series C Financing Round 13
Greensmith Energy Management Raises US$4 Million In Venture Financing 14
Partnerships 15
Southern Power Forms Partnership with Wartsila 15
Greensmith Energy Management Systems to Form Partnership with E.ON North America 16
Greensmith Energy Management Systems to Form Partnership with Wartsila 17
Asset Transactions 18
Seaboard Announces Project Financing Of US$114 Million To Acquire Seaboard Ozama River Barge Mounted Combined Cycle Power Project From Wartsila 18
Acquisition 19
Wartsila to Acquire Puregas Solutions for up to USD42.9 Million 19
Wartsila Acquires Greensmith Energy Management Systems 20
Wartsila Acquires Weir American Hydro from Weir Group 21
Metso Completes Acquisition Of Remaining 40% Joint Venture Interest In MW Power From Wartsila 22
Wartsila Corporation – Key Competitors 23
Wartsila Corporation – Key Employees 24
Wartsila Corporation – Locations And Subsidiaries 26
Head Office 26
Other Locations & Subsidiaries 26
Joint Venture 29
Recent Developments 30
Nov 23, 2017: Wartsila’s EPC experience and capacity ensure risk management in a changing environment 30
Nov 17, 2017: Wartsila-built power plant is inaugurated in Oman 31
Nov 15, 2017: Simple-cycle efficiency raised to entirely new level with the Wartsila 31SG engine 32
Nov 13, 2017: New Wartsila-supplied power plants will accommodate broad range of operating profiles for US utility 33
Nov 01, 2017: Wartsila to supply 39MW power plant to Aqualectra 34
Oct 30, 2017: Wartsila wins another power plant equipment contract from Bangladesh 35
Oct 25, 2017: Wartsila Interim report January-September 2017 36
Oct 24, 2017: Wartsila to build energy storage system for Singapore’s Energy Market Authority and SP Group 38
Oct 24, 2017: Wartsila smart power generation solution supports expansion of renewable energy in Arizona 39
Oct 17, 2017: Wartsila optimises operations and ensures availability of energy in the Caimancito area in Argentina 40
Oct 16, 2017: Wartsila supplying equipment to help meet Angola’s need for more electricity 41
Oct 13, 2017: Wartsila makes Viking Princess the world’s first offshore vessel with a hybrid energy storage solution replacing a traditional generator 42
Oct 12, 2017: Wartsila to supply equipment for 200MW power plant project in Bangladesh 43
Oct 10, 2017: Wartsila continues to ensure reliable electricity supply at Indonesian power plant 44
Oct 10, 2017: Wartsila set to tap India’s solar power potential 45
Oct 05, 2017: 100 MW multi-fuel power plant by Wartsila inaugurated in Argentina 46
Oct 03, 2017: Wartsila Company American Hydro to increase efficiency and production capacity of John W. Keys III pump-generating plant in Washington, USA 47
Sep 27, 2017: Wartsila’s renewed contract with Arkay Energy ensures reliable and cost efficient power supply in India 48
Sep 25, 2017: Wartsila to generate power for expanded Pakistani cement plant 49
Sep 21, 2017: New power plant with Wartsila generating equipment will boost Indonesia’s clean energy capacity 50
Sep 21, 2017: Wartsila marine gear boxes to be produced by Siemens 51
Sep 20, 2017: Power plants supplied by Wärtsilä helping to alleviate Bangladesh’s electricity shortage 52
Sep 13, 2017: Wartsila extends commercial operation and improves efficiency of Minersa power plant in Spain 53
Sep 13, 2017: LNG creates new business opportunities: Wartsila 54
Sep 12, 2017: Wartsila partners with AW-Energy adding wave power generation to its capabilities as energy system integrator 55
Sep 12, 2017: NEVLEC commissions new 3.85 Wartsila generator; Minister deems it historic day for Nevis 56
Aug 30, 2017: Wartsila awarded 220 MW power plant contract in Bangladesh 57
Aug 24, 2017: Wartsila and ABB to push boundaries of engine performance together 58
Aug 22, 2017: Wartsila strengthens presence in hydro services with American Hydro’s expertise 59
Aug 18, 2017: Wartsila to supply 300 MW power plant to Bangladesh’s Summit Group 60
Aug 04, 2017: Wartsila to supply 22MW power plant to Morocco 61
Aug 02, 2017: Wartsila propulsion solutions to power two Chinese research vessels 62
Jul 20, 2017: Wartsila half year financial report January-June 2017 63
Jul 14, 2017: Wartsila ensures optimal performance of Pampa Energia’s multi-fuel power plant 65
Jul 12, 2017: Wartsila to ensure reliable operations of solar power plant in Burkina Faso 66
Jul 10, 2017: Wartsila to supply two gas power plants to Iran 67
Jul 04, 2017: Wartsila to enhance the reliability of world’s largest offshore wind farm 68
Jul 03, 2017: Wartsila to provide clean power and navigational control for new Virgin Voyages cruise ship fleet 69
Jun 30, 2017: Southern Company subsidiary and Wartsila sign agreement to develop flexible gas power plant projects 70
Jun 28, 2017: Wartsila to supply main equipment for a 240 MW power plant to Indonesia 71
Jun 05, 2017: Guaranteed energy efficiency enhances power plant performance: Wartsila 72
Jun 01, 2017: Wartsila to supply two power plants to an Investor Owned Utility in the USA 73
May 30, 2017: Wartsila HY hybrid power module is first of its kind for the marine industry 74
May 30, 2017: New era of technological evolution arrives with first Wartsila HY contract 75
May 29, 2017: Wartsila introduces dedicated organisation to drive digital transformation 76
May 26, 2017: Wartsila’s hybrid system increases offshore supply vessel’s engine efficiency 77
May 24, 2017: Wartsila propellers and shaft generator system chosen for two new RoRo vessels 78
May 16, 2017: Wartsila to secure performance and availability of two 50 MW power plants in Pakistan 79
May 16, 2017: Wartsila provides its marine technology expertise to new wave energy project 80
May 10, 2017: Wartsila introduces new hybrid and energy storage solutions 81
May 04, 2017: Wartsila to supply 73 MW extension for gas-fired power plant in Turkey 82
May 03, 2017: Wartsila 34DF engines awarded EPA Tier III emissions compliance certification 83
Apr 26, 2017: Wartsila interim report January-March 2017 84
Apr 26, 2017: Platform Supply Vessels Dominate LNG-Fuelled Service And Supply Ships 85
Apr 18, 2017: Wartsila To Power World’s First LNG Fuelled Offshore Construction Vessel 86
Apr 04, 2017: Wartsila to supply 21 MW propane power plant to US Virgin Islands 87
Mar 30, 2017: Wartsila to supply equipment for power plants in US 88
Mar 30, 2017: Wartsila to expand its business in India 89
Mar 29, 2017: Wartsila to supply 28MW combined heat and power plant in Canada 90
Mar 28, 2017: Wartsila to supply, operate and maintain five multi-fuel power plants in Indonesia 91
Mar 27, 2017: Wartsila partners with Solar Fire Concentration to create business opportunities and provide clean energy to SME’s in rural Kenya 92
Mar 22, 2017: Wartsila to build solar PV plant in Burkina Faso 93
Mar 15, 2017: Wartsila to supply 38MW power plant to Saudi Arabia 94
Feb 20, 2017: Wartsila to supply gas-fired power plant to China 95
Feb 01, 2017: Wartsila delivers technology to modernize a power plant at pulp and paper mill in Russia 96
Jan 31, 2017: Wartsila to supply two 50 MW power plants to the United Kingdom 97
Jan 27, 2017: Wartsila Q4 net profit increases 98
Jan 25, 2017: Wartsila and Carnival Corporation announce strategic performance-based partnership 99
Jan 17, 2017: Wartsila to build 150MW power plant in Bangladesh 100
Jan 04, 2017: Wartsila to supply 40 MW fast track power plant to Argentina 101
Dec 22, 2016: Wartsila to build two 57MW power plants in Indonesia 102
Dec 20, 2016: Wartsila to supply Germany with groundbreaking biohybrid plant 103
Dec 19, 2016: Wartsila to build 100MW combined heat and power plant in Germany 104
Dec 16, 2016: Wartsila to build 40MW power plant to Tanzania 105
Dec 09, 2016: Wartsila included in the Euronext Vigeo index: Eurozone 120 106
Nov 21, 2016: Wartsila to build 101MW power plant in Argentina 107
Nov 10, 2016: Wartsila to build 57MW power plant in Sierra Leone 108
Nov 03, 2016: Wartsila to build 135MW combined cycle power plant in Indonesia 109
Nov 03, 2016: Wartsila And IDRO Sign Cooperation Agreement To Develop Power Generation In Iran 110
Oct 26, 2016: Wartsila selected to supply power for remote gold mine in Papua New Guinea 111
Oct 25, 2016: Wartsila Interim Report January – September 2016 112
Oct 24, 2016: Wartsila to supply equipment for 92MW power plant in Argentina 114
Oct 12, 2016: Wartsila estimates net sales and profitability for 2016 to be lower than previously expected 115
Sep 21, 2016: Wartsila to build 225MW power plant in US 116
Sep 16, 2016: Wartsila and PLN sign cooperation agreement to develop power generation in Indonesia 117
Sep 09, 2016: Wartsila included in Dow Jones Sustainability Index 118
Sep 08, 2016: Wartsila 31 engine to power new fishing vessel 119
Aug 31, 2016: Preparatory work to begin ahead of arrival of second diesel engine at Power Station 120
Aug 30, 2016: Wartsila to supply 100MW power plant to Argentina 121
Jul 28, 2016: Wartsila to deliver 23MW multi-fuel power plant to Indonesia 122
Jul 20, 2016: Interim Report January-June 2016: Wartsila Corporation 123
Jul 19, 2016: Wartsila strengthens its energy system integration capabilities – establishes partnership with Greensmith Energy 125
Jul 01, 2016: Wartsila awarded five major power plant projects in Argentina 126
Jun 28, 2016: Wartsila supplies 161 MW Flexicycle power plant to Saudi Arabia 127
Jun 13, 2016: ContourGlobal’s Highly Efficient “Cap des Biches” Electricity Generation Facility Inaugurated by Senegal’s President Macky Sall 128
Jun 10, 2016: Wartsila provides environmental seal system to hydro plant in Nebraska 129
Jun 02, 2016: Wartsila to supply 310 MW power plant to Bangladesh 130
May 31, 2016: Wartsila supplies 67MW Smart Power Generation power plant to Mauritius 131
May 18, 2016: Wartsila supplies 60 MW of reliable power to Bangladesh 132
May 17, 2016: Wartsila builds Smart Power Generation plant in Rwanda 133
Apr 21, 2016: Wartsila enters solar energy business 134
Apr 21, 2016: Wartsila Interim Report January-March 2016 135
Apr 08, 2016: Eight new Chinese container vessels to be powered by 32 Wartsila generating sets 137
Mar 31, 2016: Wartsila supplies 70 MW power plant to state utility in India 138
Mar 17, 2016: Wartsila to deliver Nordic countries’ largest biogas plant to provide fuel for buses 139
Mar 15, 2016: Wartsila supplies 28 MW propane power plant to Honduras 140
Jan 27, 2016: Wartsila’s Financial Statements Bulletin January-December 2015 141
Jan 26, 2016: Wartsila to optimise power plant performance in Timor-Leste 143
Jan 12, 2016: Wartsila to enhance performance and environmental efficiency of Flexicycle power plant in Mexico 144
Jan 05, 2016: Wartsila to supply performance monitoring sealing solutions to hydropower plant in Idaho 145
Appendix 146
Methodology 146
About GlobalData 146
Contact Us 146
Disclaimer 146
Wartsila Corporation, Power, Key Facts, 2016 2
Wartsila Corporation, Power, Deals Summary, 2011 to YTD 2017 2
Wartsila Corporation, Power, Deals By Year, 2011 to YTD 2017 7
Wartsila Corporation, Power Deals By Type, 2011 to YTD 2017 8
Wartsila Corporation, Power, Deals By Region, 2011 to YTD 2017 9
Wartsila Corporation, Deals By Sector, 2011 to YTD 2017 10
Wartsila Corporation, Power, Deals Summary, 2011 to YTD 2017 11
Lafarge Africa, Wartsila and IFC to Invest USD400 Million in Expansion of Lafarge Ewekoro Power Plant in Ogun, Nigeria 12
Greensmith Energy Raises USD12.3 Million in Series C Financing Round 13
Greensmith Energy Management Raises US$4 Million In Venture Financing 14
Southern Power Forms Partnership with Wartsila 15
Greensmith Energy Management Systems to Form Partnership with E.ON North America 16
Greensmith Energy Management Systems to Form Partnership with Wartsila 17
Seaboard Announces Project Financing Of US$114 Million To Acquire Seaboard Ozama River Barge Mounted Combined Cycle Power Project From Wartsila 18
Wartsila to Acquire Puregas Solutions for up to USD42.9 Million 19
Wartsila Acquires Greensmith Energy Management Systems 20
Wartsila Acquires Weir American Hydro from Weir Group 21
Metso Completes Acquisition Of Remaining 40% Joint Venture Interest In MW Power From Wartsila 22
Wartsila Corporation, Key Competitors 23
Wartsila Corporation, Key Employees 24
Wartsila Corporation, Subsidiaries 26
Wartsila Corporation, Joint Venture 29