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ÅF wins SEK 600 million contract for new nuclear power plant in Brazil

On 12 January ÅF reported signing a contract worth approximately SEK 100 million for consulting services relating to the construction of a third reactor at the Álvaro Alberto Nuclear Power Station (CNAAA) in Angra dos Reis in the federal state of Rio de Janeiro, Brazil. This initial contract, which will be managed by ÅF Switzerland, related to services under the category of "Owner's Engineering Responsibilities".

Today ÅF can announce that a new contract, worth almost SEK 600 million, has been signed that includes the 3D Modelling of the piping, ventilation and electrical engineering design, technical support services and the as-built design for the Nuclear Island buildings of ANGRA 3 Nuclear Power Station. The project will be managed by resources from ÅF Finland and working with a significant number of local sub-contractors to ÅF.

As with the initial contract, the principal is once again Electrobrás Termonuclear S.A - Electronuclear (ETN). This company is a subsidiary of Electrobrás, a stock market listed company, which is majority owned by the Brazilian state.

ÅF's involvement in this new project is expected to begin in the third quarter of 2012 and is scheduled for completion during 2019.

ÅF won the tender primarily as a result of its high level of expertise and extensive reference portfolio from projects for the international nuclear power industry. ÅF is currently the world's sixth largest energy consulting company and one of the world's leading independent consultants in the field of nuclear power.

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