Hill International Selected as Owner’s Engineer for the Development of Combined-Cycle Gas Turbine Power Plant in Northeastern Greece
December 07 2021 - 8:15AM
Hill International (NYSE:HIL), delivering the infrastructure
of change, announced today it was appointed as the leader of a
consortium as Owner’s Engineer for the development of
Thermoilektriki Komotinis’ new combined-cycle gas turbine (CCGT)
power plant in the Komotini industrial area of Eastern Macedonia
and Thrace, Greece.
The €375 million project will deliver a power
plant equipped with one gas turbine, one steam turbine, and one
heat recovery steam generator in a 1x1x1 combined-cycle
configuration. This high-efficiency CCGT technology will reduce
carbon dioxide emissions by up to 3.7 million tons per year
compared to a traditional coal-fired power plant. The plant will
have a nominal output capacity of 877 MW and use natural gas as
feedstock, supplied by the National Natural Gas System Operator
SA’s grid. Thermoilektriki Komotinis, a joint venture between Motor
Oil Hellas Group subsidiary Motor Oil Renewable Energy and the GEK
Terna Group, will develop, construct, and operate the power plant.
Construction of the project began in September 2021, with
commissioning expected in early 2024.
The Hill Consortium will review and comment on
the technical content of the engineering, procurement, and
construction (EPC) contract; supervise construction; represent the
owner in all technical aspects of the contract; and review and
comment on contractor submittals to help ensure compliance with the
EPC contract and applicable national and European Union (EU)
specifications, standards, and codes. The Hill team will also
facilitate a complete design review of the power plant, monitor
project construction progress and schedule, evaluate look-ahead
plans, support the owner in resolving any contractor claims, and
complete other tasks as directed.
Manolis Sigalas, Hill First Vice President and
Managing Director for Southern Europe says: “We are particularly
excited to have been selected to support the delivery of this
strategic power plant. Together with our engineering partners
Tractebel-Engie we are confident that we will provide exceptional
Owner’s Engineer service, for the benefit of the investment and of
all stakeholders involved.”
“We’re proud to take part in this significant
power generation project,” adds Hill Chief Executive Officer Raouf
S. Ghali. “Our client’s investment will help meet growing demand
for more sustainable energy throughout Greece. We’re also excited
to grow our presence in the energy sector of Southern Europe, where
we expect to help deliver many other innovative and sustainable
energy projects in the coming years.”
About Hill International
Hill International, with more than 3,000
professionals in 100 offices worldwide, provides program
management, project management, construction management, project
management oversight, facilities management, and other consulting
services to clients in a variety of market sectors. Engineering
News-Record magazine recently ranked Hill as one of the largest
construction management firms in the United States. For more
information on Hill, please visit our website at
www.hillintl.com.
Forward Looking Statements
Certain statements contained herein may be
considered "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, and it is our
intent that any such statements be protected by the safe harbor
created thereby. Except for historical information, the matters set
forth herein including, but not limited to, any statements of
belief or intent, any statements concerning our plans, strategies,
and objectives for future operations are forward-looking
statements. These forward-looking statements are based on our
current expectations, estimates and assumptions and are subject to
certain risks and uncertainties. Although we believe that the
expectations, estimates, and assumptions reflected in our
forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the
Risk Factors section and elsewhere in the reports we have filed
with the Securities and Exchange Commission, including that
unfavorable global economic conditions may adversely impact our
business, our backlog may not be fully realized as revenue, and our
expenses may be higher than anticipated. We do not intend, and
undertake no obligation, to update any forward-looking
statement.
Hill International, Inc. Elizabeth J. Zipf,
LEED AP BD+CSenior Vice President (215)
309-7707elizabethzipf@hillintl.com
The Equity Group, Inc. Devin SullivanSenior
Vice President (212) 836-9608dsullivan@equityny.com
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