Latest news with #Aggreko
Yahoo
6 days ago
- Automotive
- Yahoo
Aggreko Partners With Western Golf Association to Support Scholarships and Veterans for Second Year
As a part of the three-year partnership with WGA, Aggreko continues their support of the Evans Scholars Foundation's college scholarship program Aggreko supports 2025 BMW Championship with power solutions, veteran partnership HOUSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Aggreko, a global leader in energy solutions, announces its continuing partnership with the Western Golf Association (WGA) and Evans Scholars Foundation (ESF). For the second year in a row, the company will serve as the official power provider for WGA-hosted golf championships and a supporter of the ESF's college scholarships for youth caddies. The first partnership event this year is the 2025 BMW Championship on August 12–17 at the Caves Valley Golf Club in Baltimore, Maryland, a PGA TOUR event where Aggreko will also serve as the Official Military Appreciation partner. The energy solutions company will provide both cooling and power technology for the championship event. Along with the WGA partnership, Aggreko is continuing its support of ESF with the Aggreko Power Solutions Evans Scholarship, an award that provides a full tuition and housing college scholarship to a high-achieving youth caddie. The first Aggreko Power Solutions Evans Scholar is Sean Raadsen, a University of Illinois Chicago sophomore studying Aerospace Engineering and an accomplished caddie at the Crystal Lake Country Club in his hometown of Crystal Lake, Illinois. 'Partnering with WGA and ESF has been a great honor for us, and a central part of our youth and veteran outreach,' said Stephen Saal, Vice President of Sales and Marketing at Aggreko North America. 'We are honored to continue supporting WGA events with our advanced energy solutions, as well as supporting the college scholarship program for ESF. We're also pleased to continue our work with the veteran community as the Military Appreciation Partner for the BMW Championship this year.' As the power provider for the BMW Championship, Aggreko will install and operate air conditioners and generators to fulfill the energy needs for the duration of the tournament. The company has also provided power, heating, and cooling services for previous PGA TOUR events, including THE CJ CUP Byron Nelson and the 2024 BMW Championship. Aggreko is also supporting the BMW Championship as Military Appreciation Partner, enabling all active duty, retirees, active reserve, and veterans of any branch of service to receive a complimentary ticket on each day of the championship. Military attendees and their guests will also have access to the Champions Club as the official Military Outpost hospitality tent with complimentary food and beverage on the 14th green for Tuesday and Wednesday's practice rounds. Aggreko's engagement with the BMW Championship continues the company's efforts to support the veteran population. The company actively recruits from the military population, as their expertise makes veterans highly suited to become integral members of Aggreko's workforce. For more information on the Evans Scholarship and how to apply, visit Members of the military can visit the championship's website to secure their complimentary tickets to the event. To learn more about Aggreko's programs supporting veterans and open positions at the company, visit About AggrekoAggreko is a global leader in energy solutions, providing rapidly deployable, modular power and temperature control solutions for however long they're needed. We're highly skilled sector specialists, bringing together our proprietary application know-how and engineering capability to deliver efficient, reliable and sustainable energy solutions. With experience of working in the most demanding environments, we're available for customers when they need us most, from emergency critical services to longer-term energy solutions. We're continually investing in more sustainable products, fuels and services to make greener solutions accessible to customers, helping them wherever they are on their energy transition journey. Founded in 1962, we are headquartered in the UK and employ over 6,800 people worldwide. For more information, please visit our website at Home | Aggreko. Media ContactJustin WilliamsTrevi Communications for Aggrekojustin@ (978) 539-7157 A photo accompanying this announcement is available at
Yahoo
7 days ago
- Business
- Yahoo
Aggreko Expands Greener Upgrades Offerings with 400 kW Tier 4 Final Generator
With optimized fuel usage capabilities, the mobile 400 kW unit supports user efforts to reduce a project's emissions and carbon footprint without compromising on efficiency and reliability Aggreko 400 kW Tier 4 Final Generator Aggreko Tier 4 Final Generator product family HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Aggreko, a global leader in energy solutions, today announced its new 400 kW Tier 4 Final Diesel Generator is now available in North America, expanding the company's Greener Upgrades line of Tier 4 Final power generation products focused on supporting the energy transition. The new generator is designed to ensure operational continuity as an industrial power source with lower emissions, improved efficiencies, and at reduced operating costs, all while meeting stringent environmental regulations. 'Our latest addition to our Tier 4 Final product portfolio offers our customers the dependability of diesel with lower emissions than legacy generators,' said Stephan Saal, Vice President of Sales and Marketing at Aggreko North America. 'The 400 kW Tier 4 Final generator provides consistent, modular energy that meets the most stringent EPA standards for diesel generators, ensuring dependable, low-emission power for applications like utility outages, remote deployments, or shifting job site demands.' Equipped with an EPA Tier 4 Final certified diesel engine and trailer-mounted on a dual axle, electric brake DOT-approved trailer, Aggreko's 400 kW Tier 4 Final is ideally suited for rapid-deploy applications. The 400 kW Tier 4 Final unit can support construction sites with power for cranes, pumps, and lighting; power mining equipment at isolated locations; support oil and gas sites with limited grid access; assist utilities during grid maintenance; provide commissioning power for data centers; and more. The Tier 4 Final compliance means that the units are ideal for customers needing to meet strict noise and emission limits, such as temporary power for events and dense, urban applications. The 400 kW Tier 4 Final generators also include the expert Aggreko assistance and remote monitoring that customers have come to expect for supporting optimal performance and reliability. The 400 kW Tier 4 Final generator is the latest product in Aggreko's Greener Upgrades initiative, which includes the company's Greener Power Packages, designed to offer flexible energy solutions to support different industries in transitioning to cleaner energy and reach net-zero goals. The company's portfolio of low-emission technology enables companies to take steps towards sustainable solutions in ways that are efficient and cost-effective. Along with the Tier 4 Final diesel generator solutions, customers have access to Greener Upgrades products in several other energy technologies from Aggreko for all their modular power needs, including natural gas technologies, battery energy storage systems, oil-free air compressors, and electrical distribution products. More information about Aggreko's latest low-emissions generators can be found at while more on all the company's Greener Upgrades options is available at About AggrekoAggreko is a global leader in energy solutions, providing rapidly deployable, modular power and temperature control solutions for however long they're needed. We're highly skilled sector specialists, bringing together our proprietary application know-how and engineering capability to deliver efficient, reliable and sustainable energy solutions. With experience of working in the most demanding environments, we're available for customers when they need us most, from emergency critical services to longer term energy solutions. We're continually investing in more sustainable products, fuels and services to make greener solutions accessible to customers, helping them wherever they are on their energy transition journey. Founded in 1962, we are headquartered in the UK and employ over 6,800 people worldwide. For more information, please visit our website at Home | Aggreko Media ContactJustin WilliamsTrevi Communications for Aggrekojustin@ (978) 539-7157 Photos accompanying this announcement are available at: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
04-08-2025
- Business
- Zawya
Africa's mining sector needs reliable power: Aggreko
Africa's mining sector requires power reliability as a matter of survival, making it critical for companies to invest in solutions that deliver longevity and reliability, says Johan Helberg, Head of Sales for Africa at Aggreko, a provider of energy solutions. According to the International Monetary Fund, global demand for critical minerals is set to increase significantly. For nickel, demand will double between 2022 and 2050, cobalt will triple, and lithium will increase tenfold says the International Energy Agency – and sub-Saharan Africa has an estimated 30% of these minerals in reserves. The region has immense potential, but realising the potential requires reliable energy solutions, particularly as mining operations across the continent continue to grapple with unstable power grids, rising energy costs, and increased pressure to meet sustainability goals, according Helberg. As the Boston Consulting Group pointed out in its 2024 Africa Mining Outlook analysis, mining is not an easy business but its complexity is compounded by energy instability, demand for cleaner energy supplies, and costs. The impact of unreliable energy on the mining sector is extensive. Energy supply shortages have a direct impact on a mining organisation's bottom line as companies have to invest in alternative solutions and failovers that can cost upwards of 30% of their total cash operating costs. The industry is reliant on continuous operations to remain profitable which makes reliable power crucial to remaining operational and financially stable. A study undertaken by Nelson Mandela University in South Africa, for example, found that loadshedding has a long-term negative impact on mining equity returns and impacts on stock viability for international investors. The cost of energy unreliability makes a compelling case for hybrid energy solutions designed to not just mitigate the risks but to provide mining organisations with the tools they need to build resilient power infrastructure. These hybrid systems combine traditional power sources with renewable energy and battery storage to create robust energy platforms that ensure mines can maintain operations even when the grid fails. By blending multiple energy sources, they offer immediate fail-over energy provision within a single, intelligent system that prioritises both reliability and efficiency. Hybrid also allows companies to distance themselves from the complexities that continue to plague power management, generation and infrastructure on the continent. Regulatory and policy uncertainty is affecting approvals and generating uncertainty when it comes to establishing independent power solutions, and there remain financial and infrastructural challenges that inhibit investment and growth, claims Helberg. The effectiveness of hybrid systems lies in three key pillars. The first is that hybrid systems offer mining organisations redundancy through multiple power sources. When one fails, others can compensate which ensures continuous operations and reduced risks and costs. This is particularly useful in remote mining locations where grid connections are weak or non-existent. The second is that these systems incorporate battery storage technology which acts as a buffer against power fluctuations while providing immediate access to power on demand. Battery storage systems have the added benefit of improving overall plant efficiencies while reducing fuel consumption and maintaining power quality. This technology can help mining operations prioritise stable power supply during peak demand periods or when renewable sources are temporarily unavailable. Finally, hybrid brings a new level of scalability and flexibility to operations. These are critical when considering how rapidly a mine's power needs can change thanks to both internal and external factors. Modern hybrid systems offer mines the ability to adjust and scale energy provision and structure according to demand and to create a power infrastructure that fits their operations as they evolve. However, implementing an effective hybrid solution needs to be strategic and well engineered, finding the optimal balance between sustainability, cost and reliability. This balance is particularly important within the African context where operational challenges can be more pronounced due to infrastructure limitations and operating in rural locations. Success means customising each hybrid solution to meet the unique power requirements, environmental conditions and operational constraints of each mining operation, and to partner with an energy provider that understands these constraints and knows how to develop relevant, tailored solutions, states Helberg. The financial aspect of hybrid systems is also important. While the initial investment appears to be costly, the long-term benefits across operational stability, reduced downtime and reliable output can outweigh these. There are financing solutions that have evolved to support the sector in its move towards sustainable and reliable energy as well. The Build Own Operate Maintain (BOOM) model, for example, is a modern financing option that allows for the mining company to access reliable power without substantial upfront capital expenditure. Aggreko's hybrid solutions seamlessly integrate cutting-edge solar power and battery technology with traditional fuels like diesel, offering a blend of low emissions and high reliability. These systems are designed to prioritise solar power, maximising efficiency and minimising environmental impact. During periods of high sunlight, batteries store solar energy to be used throughout the day, while generators automatically step in only when solar power is insufficient to prevent disruptions. Aggreko's advanced diesel and gas generators are engineered to minimise pollutants, ensuring that emissions remain as low as possible when in use. An intelligent energy management control system oversees the entire process, guaranteeing uninterrupted energy supply while reducing fuel costs and carbon emissions. Looking ahead, the adoption of hybrid energy systems in African mining operations will become increasingly attractive to companies as the technology continues to evolve and costs come down. These hybrid solutions offer a practical solution to the ongoing power reliability challenge and enable mining companies to maintain continuous operations and build the resilience they need to thrive. The key to success lies in choosing the right energy partner who has deep industry expertise and a proven track record in implementing hybrid solutions in challenging environments, concludes Helberg. -OGN / TradeArabia News Service Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Yahoo
08-07-2025
- Business
- Yahoo
Shift Toward Clean and Hybrid Solutions, Fluctuating Fuel Prices, Rise in Infrastructure Development
The U.S. Power Rental Market, valued at USD 5.30 billion in 2024, is forecasted to reach USD 8.27 billion by 2030, growing at a 7.70% CAGR. Tariffs impact equipment costs, urging a shift to hybrid solutions and longer rental contracts. Infrastructure growth fuels demand, as key players like United Rentals and Sunbelt Rentals dominate. Advancements like Aggreko's low-emission generators boost environmental efforts. The South and West lead geographically due to robust construction and renewable projects. Diesel remains the top fuel choice, driven by reliability needs and economic scalability. U.S. Power Rental Market Dublin, July 08, 2025 (GLOBE NEWSWIRE) -- The "U.S. Power Rental Market - Strategic Assessment & Forecast 2025-2030" report has been added to U.S. Power Rental Market was valued at USD 5.30 billion in 2024, and is projected to reach USD 8.27 billion by 2030, rising at a CAGR of 7.70%. The U.S. power rental market is dominated by major players such as United Rentals, Sunbelt Rentals, Herc Rentals, and Home Depot. These companies hold significant U.S. power rental market share due to extensive fleets, nationwide presence, and strong brand recognition. Beyond the major players, the market includes many regional and local rental companies. These smaller firms often compete on price, customer service, or specialization in niche sectors (e.g., events, construction, or emergency services). Growing environmental regulations and customer demand for sustainability are driving competition toward hybrid generators, battery storage, and lower-emission equipment. Companies offering green or Tier 4 Final-compliant equipment are gaining favor in the U.S. power rental market. The U.S. power rental market has experienced significant merger and acquisition (M&A) activity in recent years, with companies actively expanding their power rental capabilities. In 2025, Herc Holdings completed the acquisition of H&E Equipment Services, further expanding its equipment rental portfolio and market reach. This strategic move strengthens Herc's position in the construction and industrial Southern U.S. holds the largest share of the U.S. power rental market. States like Texas, Florida, and Georgia have significant construction, oil & gas, and manufacturing activities that drive demand for power rentals. Large infrastructure developments, including power plants, commercial buildings, and data centers, increase rental needs. Furthermore, the West holds a significant share, reflecting strong activity, especially in states like California, Washington, and Colorado. Renewable energy projects (solar, wind) and mining operations contribute to the demand for mobile power solutions. Wildfires and droughts create demand for emergency power Midwest remains a manufacturing powerhouse requiring temporary power for maintenance, shutdowns, and expansions. Large-scale construction projects (e.g., energy infrastructure projects, highways, bridges) often require temporary power solutions. Furthermore, the Northeast's industrial sector needs backup and supplemental power to avoid production downtime. Large-scale events, festivals, concerts, and sports events require mobile power solutions, especially in urban POWER RENTAL MARKET TRENDS & DRIVERS Shift Toward Clean and Hybrid SolutionsInnovations in energy storage are revolutionizing portable power, making it more efficient and more sustainable. Leading the transformation are battery energy storage systems (BESS). A BESS paired with a mobile power generator forms a hybrid power solution that produces lower emissions or zero emissions and consumes significantly less fuel. For instance, Aggreko provides 100 kW Tier 4F Generator Rental, with innovative features that reduce regulated emissions (NOx, CO, VOCs) to near-zero levels, reduce fuel usage and costs, arc Flash detection and physical safety barriers to provide safety to the operators, and in Infrastructure DevelopmentThe surge in infrastructure development in the U.S. is driving demand for temporary power solutions in construction and industrial projects, particularly in remote or underserved areas. As projects like roads, bridges, and urban development expand, flexible and reliable power rental options are essential for meeting energy needs. For instance, in January 2025, OpenAI, SoftBank, and Oracle are investing up to $500 billion in the Stargate initiative to build 10 to 20 large-scale U.S. data centers, aiming to support AI infrastructure. This project is expected to drive significant growth in the data center and construction industries. These facilities often require substantial and continuous power supply, leading to a higher reliance on power rental services to meet their energy needs during peak loads or as backup RESTRAINTS Fluctuating Fuel PricesGasoline is the most common fuel source for portable generators. A standard 5-kilowatt generator will typically consume about 0.75 gallons per hour. The portable generator for a day, that would consume about 18 gallons, meaning the cost to run the generator would be more than $52 a day. The price of gas does fluctuate, which can make running this type of portable generator expensive over a prolonged period. Fluctuating diesel prices directly impact the U.S. power rental market, which depends heavily on diesel BY FUELDiesel has the highest incremental opportunity in the U.S. power rental market and is preferred over other fuels as it is more easily available. Despite reservations and resistance from environmental groups, regulators and localities are reluctantly approving diesel generators because of the current grid realities - specifically, the lack of reliable renewable infrastructure, limited energy storage capacity, and the urgent need for dependable backup power during peak loads or grid instability. Furthermore, other segments are gaining traction with an increase in power generation through renewable sources to enhance clean energy BY POWER RATINGIn 2024, the above 1,000 kVA segment accounted for 40% of the revenue share in the U.S. power rental market. The increasing need for reliable, high-capacity power solutions in industries such as construction, manufacturing, and large-scale events has fueled demand for powerful rental generators capable of supporting heavy machinery and critical operations. Additionally, the growing emphasis on backup power systems for data centers, hospitals, and commercial buildings amid rising concerns over grid reliability and natural disasters has further boosted the uptake of high-capacity units. Furthermore, infrastructure development projects and expanding urbanization require robust and scalable power solutions, which are often met by rental generators above 1000 kVA due to their flexibility and cost-efficiency compared to permanent installations. INSIGHTS BY EQUIPMENTIn 2024, generators dominated the equipment segment in the U.S. power rental market. The increasing frequency of power outages and natural disasters has heightened the need for reliable backup power solutions across residential, commercial, and industrial sectors. Additionally, rapid infrastructure development and ongoing construction projects require temporary power sources, further boosting generator rentals. The growing adoption of renewable energy sources, which can sometimes lead to grid instability, also increases reliance on generators for a consistent power supply. Moreover, businesses aiming to minimize downtime and maintain operations during maintenance or unexpected power failures are increasingly turning to generator rentals as a flexible and cost-effective BY END USERThe construction end-user segment in the U.S. power rental market is the fastest-growing segment, exhibiting the highest CAGR of more than 7.9% during the forecast period. This robust growth is primarily driven by increasing infrastructure development projects, urbanization, and the expansion of residential and commercial construction activities across the country. The growing emphasis on sustainable and efficient construction practices also fuels the demand for modern, energy-efficient power rental equipment. Additionally, the rise in government investments targeting infrastructure upgrades and disaster recovery initiatives further propels the demand for temporary and reliable power sources in construction projects. INSIGHTS BY APPLICATIONIn 2024, standby power solutions accounted for a significant 45% share of revenue within the application segment of the U.S. power rental market. Increasingly stringent regulations on power reliability and uptime across critical industries such as healthcare, data centers, and manufacturing have heightened the need for reliable backup power systems. The expanding adoption of digital infrastructure and the rise of remote work have further underscored the importance of a consistent power supply, fueling the demand for standby generators. KEY QUESTIONS ANSWERED Which are the key vendors in the U.S. power rental market? How big is the U.S. power rental market? What are some significant growth opportunities in the US power rental market? What is the growth rate of the U.S. power rental market? Which fuel type is projected to dominate the U.S. power rental market? Key Attributes: Report Attribute Details No. of Pages 103 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $5.3 Billion Forecasted Market Value (USD) by 2030 $8.27 Billion Compound Annual Growth Rate 7.7% Regions Covered United States Prominent Vendors United Rentals Ashtead Group plc Herc Holdings Inc The Home Depot, Inc. Other Prominent Vendors Atlas Copco Cummins Inc. Aggreko Caterpillar GENERAC Sunstate Equipment Co., LLC Red-D-Arc Inc. Taylor Power Systems, Inc Rehlko For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment U.S. Power Rental Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Business
03-07-2025
- Business
- Arabian Business
ADIA reportedly eyeing 30% stake acquisition in Aggreko
The Abu Dhabi Investment Authority (ADIA) is among a number of high-profile investors interested in buying a minority stake in Aggreko, the world's largest temporary power company. According to a Bloomberg report based on sources familiar with the matter, buyout firms KKR and CVC Capital Partners are also among the parties interested in buying the 30 per cent stake in the Glasgow-based company being offered by owners TDR Capital and I Squared Capital. The sources told Bloomberg that the deal could value the entire business at US$12 billion or more. Deliberations are in the early stages and no final decisions have been made, the sources said. Aggreko's owners could also decide against the stake sale if offers come below their expectations. Representatives for TDR, I Squared, ADIA, CVC and KKR declined to comment, Bloomberg added. TDR and I Squared took Aggreko private in a US$3.5 billion deal in August 2021. Aggreko is involved in several events, including some of the biggest sports tournaments and music festivals, and has a diverse portfolio of clients across the construction and travel industries. With more than 6,000 workers, it has a presence in more than 60 global locations with a fleet size of 9.6 gigawatts (in 2021 according to its website).
