Valmet To Supply A Biomass Boiler To Greenalia's New Power Plant In Teixeiro, Spain

(GlobeNewswire) - Valmet will supply a biomass boiler to Greenalia's new Curtis-Teixeiro biomass power plant in Teixeiro, Spain. With Valmet's boiler technology, the plant will be able to supply power in an efficient and sustainable way.

The order is included in Valmet's third quarter of 2018 orders received. It was placed by ACCIONA Industrial and Imasa, a Spanish EPC contractor joint venture for the plant. The biomass power plant's takeover is scheduled for January 2020.

"We chose Valmet to supply the boiler plant based on the company's proven and efficient technology. Our good cooperation started already in the sales and pre-engineering stage," says Manuel García, CEO at Greenalia.

"Valmet has wide experience in the biofuels that the new plant will use. We look forward to continuing our good and fruitful cooperation with the power plant owner Greenalia and the EPC contractor ACCIONA-Imasa," states Kai Janhunen, Vice President, Energy business unit, Valmet.

To produce energy, the plant will use forest biomass, mainly eucalyptus and pine wood. The project will contribute to the maintenance of forests in the area and the prevention of fires, encouraging the collection of small-sized wood waste that is normally discarded for industrial use. The Curtis-Teixeiro plant will increase the generation of energy from renewable sources, thereby contributing to the reduction of carbon dioxide emissions.

Information about Valmet's delivery
Valmet's delivery consists of a biomass-fired HYBEX power boiler plant featuring bubbling fluidized bed (BFB) technology. Thermal power capacity of the boiler is 130 MW, and electricity capacity of the plant is 50 MW. The delivery also includes auxiliary equipment and supporting structures.

Information about the end customer Greenalia

Greenalia is a group of companies with more than 20 years of experience in the forestry sector that later expanded its activities to the energy sector.

About VALMET
Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2017 were approximately EUR 3.1 billion. Our more than 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

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