# Aggreko plc Secured most prestigious event contract, 2020 Olympic

- Link: https://www.directorstalkinterviews.com/aggreko-plc-secured-most-prestigious-event-contract-2020-olympic/412763028
- Published: 2018-12-14T07:26:44+00:00
- Author: Charlotte Edwards

**Aggreko plc** (LON:AGK), the global leader in the rental of power, heating and
cooling, is pleased to announce that its subsidiary Aggreko Events Services Japan
Limited (‘AESJL’) has been awarded the supply contract in the category of ‘Temporary
Electricity Generation’ by The Tokyo Organising Committee of the Olympic and Paralympic
Games.

As part of the supply contract AESJL will provide temporary electricity (generation
and distribution) systems to support the Tokyo 2020 Olympic and Paralympic Games.
AESJL’s extended scope of supply includes temporary medium and low voltage power
systems across 43 competition venues, the Athletes Village and the International
Broadcast Centre, ensuring reliable power for all stakeholders in the venues and
uninterrupted television broadcast to millions of viewers.

The value of the supply contract is expected to be in the region of $200m, and reinforces
Aggreko’s confidence in its ability to achieve its mid-teens ROCE target in 2020.

Aggreko has a proven track record in supporting high profile events including this
year’s PyeongChang Winter Olympics, Gold Coast Commonwealth Games, European Championships
in Glasgow and Ryder Cup in France.

> **Chris Weston, Chief Executive Officer said:** “We are delighted to have secured
> what is one of the most prestigious event contracts won by Aggreko. Our experienced
> team will support the Tokyo 2020 Organising Committee to ensure our role in the
> success of the 2020 Olympic and Paralympic Games is flawlessly delivered.”

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