PW Power Systems to Provide Albanesi S.A. with an FT4000™ SWIFTPAC® Gas Turbine Generator Package

Contact: Lucia Maffucci, 860-368-5535, Lucia.Maffucci@pwps.com

GLASTONBURY, Conn. – PW Power Systems, Inc. (PWPS), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has announced a contract with Generación Frías S.A., a subsidiary company of Albanesi S.A., to provide an FT4000™ SWIFTPAC® unit for its location in Frías, Santiago del Estero, Argentina. This will be the first FT4000™ SWIFTPAC® in Latin America.

The new FT4000™ SWIFTPAC® gas turbine generator package offered by PWPS produces the highest output of any aero-derivative engine while maintaining high efficiency. As a next-generation product, the FT4000™ SWIFTPAC® unit builds on over fifty years of aero-derivative experience and more than 2,000 industrial gas turbines installed worldwide. With a modular design that includes proven features of the successful FT8® SWIFTPAC® power plants, the FT4000™ engine, powered by a Pratt & Whitney® PW4000™ derivative gas generator, offers a 60 to 120 MW package of reliable peaking and base-load power in a compact footprint. The FT4000™ engine is designed for simple-cycle, combined-cycle, or cogeneration applications. The free-turbine design of the system allows for flexible power plant operation down to 25 percent of full load, synchronous condensing operation without a clutch, and spinning reserve capacity.

The proven SWIFTPAC® design is a cost-effective solution for flexible, high-power density needs across the globe. "PWPS designed the FT4000™ SWIFTPAC® to satisfy the growing demand for reliable and efficient gas power plants around the world," said Peter Christman, president of PWPS. "We''ve had an excellent reception from our current and prospective customers for the FT4000™ SWIFTPAC®, and the continued traction we are seeing with this product demonstrates the confidence of the market in this world-class application."

The unit will be delivered in 2014 with commercial operation in May 2015.

About PW Power Systems, Inc.

PW Power Systems, Inc. (PWPS), headquartered in Glastonbury, Conn., is a world leader in the supply of energy solutions for the power generation industry. PWPS provides a wide variety of products and services, including gas turbine packages; industrial gas turbine aftermarket services; renewable energy systems; and engineering, procurement, and construction services. PWPS is a group company of Mitsubishi Heavy Industries, Ltd. (MHI). To learn more about PWPS, visit

www.pwps.com

###