|SPX Awarded Contract to Provide Advanced Direct Contact Condensers for Largest Geothermal Plant Project in Kenya|
SPX's ADCC's will serve four
Designed mainly for geothermal power plants, SPX's ADCC technology provides enhanced performance characteristics, including low liquid/vapor side pressure drop, high thermal efficiency, minimal degradation by non-condensibles, low susceptibility to fouling and or/corrosion, and prediction of absorption of non-condensibles.
"The advanced direct contact technology used within our condensers has gained significant momentum worldwide due to the technical advantages it provides," explained Drew Ladau, SPX segment president. "SPX continues to be a pioneer in developing technologies that make sense in today's environment," Ladau added. "As demand for electricity in
SPX Thermal Equipment and Services is a leading global provider of evaporative and hybrid cooling towers and solutions, air-cooled condensers, heat exchangers, air and flue gas systems and filter systems. These technologies support thousands of customers in the power generation, industrial, refrigeration, and heating, ventilation and air conditioning (HVAC) markets.
Certain statements in this press release, including matters relating to the completion of the contract, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The word "expect," "believe" and similar expressions may identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Statements in the press release speak only as of the date of this press release, and SPX disclaims any responsibility to update or revise such statements.
Ryan Taylor (Investors), +1-704-752-4486, firstname.lastname@example.org; or Jennifer H. Epstein (Media), +1-704-752-7403 or 704-576-5441, email@example.com