AEG Power Solutions in UK is Awarded a ?4.8 Million Contract for the Supply of UPS and Services to the London Crossrail Project

AEG Power Solutions (FWB:3W9), a leading global manufacturer of power electronic systems and solutions for industrial power supplies and renewable energies, was awarded by Crossrail Ltd, the frame contract to supply and install all the UPS systems for the Crossrail Project in London. This prestigious contract will complete its rollout in 2017, and will be followed by many years of service support during the systems 20+ year operational life.
Crossrail is currently Europe´s largest rail infrastructure project under construction and will be operational in 2018. The target for this major investment by the UK Government is to provide major additional transport capacity.
Final value of the complete project is anticipated to be £14.8 billion sterling and will include 21km of new twin bore rail tunnels through London and the upgrading of 28 existing surface stations over the planned surface route of 90km.
"We are very proud to be part of this ambitious project", explains Gert Buist, Managing Director North-Western Europe for AEG Power Solutions, "This contract is of great significance in many respects and does reinforce that we are very much a highly respected and acknowledged custom solutions provider capable of engineering solutions for the most challenging of applications where safety and reliability are crucial."

In the field of Uninterruptible Power Supply (UPS) Systems, AEG Power Solutions is one of the few approved vendors manufacturing AC & DC solutions who can provide a range varying from small power ratings through large scale industrial UPS, with a strong focus in Transport, Oil & Gas and Power Generation as well as General Industry.

"Our long expertise bridging both AC and DC power technologies is a great strength", comments Horst Kayser, CEO AEG Power Solutions. In transportation our company has built its leading position on a worldwide expertise, providing robust and rugged power supplies in a wide variety of on-track, wayside and rail infrastructure applications for over 60 years."

###

About AEG Power Solutions

AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial power requirements offering one of the most comprehensive product and service portfolios in the area of power conversion and power control. Two complementary operating business segments, Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) serve customers worldwide. The RES product and service portfolio consists of systems and solutions for solar power plants, such as solar inverters, monitoring and control systems as well as power controllers for a wide range of industrial applications such as polysilicon, energy storage, sapphire and glass. The EES product and service portfolio includes high-performance uninterruptable power supplies (UPSs), industrial chargers and DC systems.

Thanks to its distinctive expertise bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for smart grids.

AEG PS´ global footprint includes 22 facilities and offices around the world with 1,600 employees.

AEG Power Solutions Group is the sole subsidiary of the holding company 3W Power S.A. (WKN A0Q5SX / ISIN GG00B39QCR01), based in Luxembourg. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9).

For more information, visit www.aegps.com.

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

AEG is a registered trademark used under license from AB Electrolux