ESBI wins $5m power contract in Guatemala

ESB International (ESBI), the consultancy and engineering wing of the ESB, has won a contract worth $5 million (€4

ESB International (ESBI), the consultancy and engineering wing of the ESB, has won a contract worth $5 million (€4.2 million) to build two hydro electric power plants in Guatemala in Central America.

The power stations are being built in association with the European manufacturing group, Sulzer. They are situated north-east of Guatemala city and will provide a significant amount of electricity for the country.

This is the latest contract won by the engineering construction division of ESBI which contributes more than £20 million of revenue each year to its parent. ESBI has already combined with Sulzer to win the contract to design and build a 150 megawatt hydro station in Iceland.

The engineering design for the plants in Guatemala has begun in Dublin and the project is scheduled for completion early in 2000.

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In addition ESBI has recently secured two building contracts in Britain worth £2.3 million (€2.92 million).