Ring Power, APR Energy In Power Deal
Ring Power, the Central and Northeast Florida Cat dealer, and APR Energy plc, a Jacksonville, Fla.-based provider of large scale, temporary power solutions, announced they have signed an agreement to develop temporary power solutions globally to meet the needs of the growing international power projects (IPP) market, especially in the emerging markets.
The five-year agreement centers on APR working with Caterpillar, Ring Power and the Cat dealer network to originate and respond to temporary power plant opportunities. As part of the agreement, Caterpillar will supply mobile generator sets through Ring Power to APR Energy, including the new XQ2000 and XQ1475G power modules, designed specifically for the international power projects market. APR said it will benefit from an increased flow of temporary power plant opportunities and from clear visibility of an integrated supply line to fulfill on its diesel and gas engine requirements and Caterpillar said it will benefit from an increased presence, on a global basis, in the IPP market.
As part of the agreement, Cat dealer Ring Power will provide application, engineering, sales and product support to APR Energy.