CECO PEERLESS Builds Momentum with Recent Power Generation Project Wins

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CECO Environmental (NASDAQ: CECE), a provider of safe, clean and efficient technologies and services that help customers meet their environmental commitments, announced today several large project wins in the power generation industry. The wins involve both engineered upgrades, as well as new systems, that will help the customer power plants improve operational efficiency and performance reliability while preventing near-term costly capital expenditures

“We are a great fit for these recent power generation projects,” said Brian Fahnestock, president of CECO Environmental’s Energy Solutions business, “because we have some of the most knowledgeable SCR engineers in this industry who can come in, assess an operational issue and engineer reliable retrofit solutions. With the project in the southeast—as well as others we’ve won this year—our engineers will help the combined cycle plant reduce ammonia costs by 15%. We are seeing a lot of these types of power plants with aging infrastructure where upgrades and retrofits are the right solution. In this case, it will reduce NOx-to-ammonia ratio by 10% and help the power plant run as efficiently or better than when the components were installed new.”

The power generation projects won in recent months total approximately $6M and include:

  • A Texas-based natural gas-fired combined-cycle power plant - Retrofit and upgraded hot gas ammonia vaporization fans with a custom engineered solution and related onsite services.
  • A Southeast regional combined-cycle power plant - Custom engineered injection retrofit utilizing CECO PEERLESS Patented EDGE™ AIG technology.
  • A Northeast natural gas-fired combined-cycle power plant – New SCR systems meeting stringent emissions limitations utilizing CECO PEERLESS Patented EDGE™ AIG technology
  • A Southern region natural gas-fired combined-cycle power plant – New SCR systems equipment with CECO PEERLESS Patented EDGE™ AIG technology

For the retrofit project, the power plant operator called CECO PEERLESS in for an onsite evaluation of an operational issue and they were able to isolate the root cause. A custom retrofit upgrade solution was recommended and eventually CECO PEERLESS received a green light on the order. To learn more visit www.cecoenviro.com/Peerless.

About CECO Environmental:

CECO Environmental is a global provider of environmental, energy and fluid handling technologies across diverse regions and industries including oil and gas, power generation, water and wastewater treatment. CECO’s portfolio of leadership brands serve emerging and niche markets including automotive battery production, air quality and filtration for commercial and education institutions, chemical and petrochem processing, separation technologies and a wide range of others. Learn more at www.cecoenviro.com.

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Business Wire: 14:52 GMT Thursday 12th October 2017

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