EANS-News: ANDRITZ to supply tidal current turbines to MeyGen, Scotland

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Company Information

Graz/Vienna, November 06, 2014. ANDRITZ HYDRO Hammerfest, part of
international technology Group ANDRITZ, has received an order from
MeyGen Ltd. to supply three 1.5-megawatt tidal current turbines to
the planned tidal array in the Inner Sound of the Pentland Firth,
Scotland. Tidal current turbines are anchored to the sea bed in
coastal waters and driven by rising and falling tides. Commissioning
of the three turbines is scheduled for the end of 2016.

The order placed with ANDRITZ HYDRO Hammerfest is the first
commercial order worldwide to supply tidal current turbines and part
of the first project phase in completion of the MeyGen tidal array,
which is the largest development project worldwide for a tidal
turbine array. In the long-term, MeyGen is planning to install a
total of 269 turbines with an overall output of 398 megawatts, which
will provide predictable, renewable, and sustainable energy for
175,000 Scottish households.

ANDRITZ HYDRO Hammerfest is one of the world's leading companies in
the development and supply of tidal current turbines to generate
electricity from renewable energy sources.

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Press release and graphic available for download Press release and
graphic are available for download at the ANDRITZ web site:
www.andritz.com/news. The graphic may be published free of charge if
the source is stated: "Graphic: ANDRITZ".

The ANDRITZ GROUP The ANDRITZ GROUP is a globally leading supplier of
plants, equipment, and services for hydropower stations, the pulp and
paper industry, the metalworking and steel industries, and
solid/liquid separation in the municipal and industrial sectors. The
publicly listed, international technology Group is headquartered in
Graz, Austria, and has a staff of around 24,100 employees. ANDRITZ
operates over 250 production sites as well as service and sales
companies all around the world. The ANDRITZ GROUP ranks among the
global market leaders in all four of its business areas. One of the
Group's overall strategic goals is to strengthen and extend this
position. At the same time, the company aims to secure the
continuation of profitable growth in the long term.

ANDRITZ HYDRO ANDRITZ HYDRO supplies electromechanical equipment for
hydropower stations. With over 170 years of accumulated experience
and more than 30,000 turbines installed totaling approximately
420,000 megawatts of output, the business area is one of the world's
leading system suppliers, offering the complete product portfolio,
including turbines, generators, and additional equipment of all types
and sizes: "from water to wire" for small-scale and large hydropower
stations up to outputs of more than 800 megawatts per turbine unit.
ANDRITZ HYDRO is also well-positioned in the growing maintenance,
refurbishment, and upgrade market for existing hydropower plants.
Pumps (for water transport, irrigation, and applications for various
industries) and turbo-generators for thermal power stations are also
part of the business area.

Further inquiry note:
Oliver Pokorny
Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 1332
Fax: +43 316 6902 465
mailto:oliver.pokorny@andritz.com

end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English