Workflow
Outcome-based performance model
icon
Search documents
Wartsila Signs O&M Pact For Three Gas-Fired Plants in Brazil
Yahoo Finance· 2025-10-23 13:53
Core Insights - Wärtsilä has signed a five-year operation and maintenance agreement with Âmbar Energia, focusing on performance-based outcomes for three power plants in Brazil [1][2] - The agreement aims to enhance operational efficiency, cost savings, and regulatory compliance while supporting decarbonization targets [2][3] Group 1: Agreement Details - The agreement includes performance targets to ensure uninterrupted power availability and reliability for the three power plants, each with an output of 92 MW [1] - The plants have been converted to run on natural gas, making them the only ones in Brazil to undertake such a project [1] - The financial structure of the agreement aligns with achieving predefined performance targets, fostering a result-oriented partnership [1] Group 2: Company Background - Âmbar Energia is part of the J&F Group, the largest private group in Brazil, and operates 43 power generation units [2] - The company is the fourth largest natural gas power generator in Brazil by installed capacity and has a diverse portfolio including hydroelectric, solar, biomass, coal, and biogas units [3]