GEA Group AG

Regulatory Filings • Apr 8, 2009

News Details

Corporate | 8 April 2009 13:40

GEA Group Aktiengesellschaft: GEA receives order to build Power Plant Cooler worth 20 MEUR in Trinidad Tobago

GEA Group Aktiengesellschaft / Miscellaneous

Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Bochum, April 8, 2009 - GEA Energietechnik GmbH, a company of GEA Group
Aktiengesellschaft has received an order for the design, manufacturing and
supply of an Air Cooled Condenser for a 760 MW combined cycle power plant
in La Brea, Trinidad/Tobago. The Air Cooled Condenser heat exchanger
bundles that form the core component of the Air Cooled Condenser will be
produced at GEA's new manufacturing site in Celaya/Mexico. The order will
be executed in 2009 and 2010.

Due to environmental regulations in Trinidad/Tobago, no direct use of sea
water or other water sources are allowed for power plant cooling. For this
reason, an Air Cooled Condenser, which is a complete dry cooling system,
has become the cooling method of choice for this project. GEA's ALEX Air
Cooled Condensers condense the turbine exhaust steam in a closed system.
The condensed water is then fully re-circulated as boiler feed water,
practically without any loss of water.

'As a big part of the world population lives in coastal areas, there is a
growing need of energy in these regions. Conservation and saving of water
and the protection of oceans is an increasingly important topic, which will
lead to the increased use of Dry Cooling Systems worldwide in Power Plant
applications in future', says Joerg Jeliniewski, president of GEA's Thermal
Engineering Division. With almost 90 years of experience in the field of
industrial air cooling, GEA is well positioned to master these challenges.

GEA Group Aktiengesellschaft is one of the largest pure mechanical
engineering groups in Germany. As an internationally operating technology
group, it concentrates on specialty mechanical engineering with a focus on
process technology and components. Group revenue amounted to EUR 5.2
billion in fiscal year 2008. The Group generated about 50 percent of this
revenue from the high-growth food manufacturing and beverages industries.
As of December 31, 2008, a workforce of over 21,000 employees served
customers in 50 countries. GEA Group is a market and technology leader in
90 percent of its business areas. GEA Group is listed in the MDAX index
(G1A, WKN 660200).
08.04.2009 Financial News transmitted by DGAP

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Language: English
Issuer: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum
Deutschland
Phone: +49 (0)234 980-0
Fax: +49 (0)234 980-1004
E-mail: investor.relations@geagroup.com
Internet: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, Hamburg, München; Freiverkehr in Hannover,
Stuttgart

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