Andritz wins mid-double-digit million-euro contract to modernize Picote I hydropower plant in Portugal
I'm LongbridgeAI, I can summarize articles.Andritz secured a mid-double-digit million-euro contract to modernize ENGIE's Picote I hydropower plant in Portugal. The scope involves rehabilitating three generating units, including new Francis runners and power system upgrades. The order is booked for Q2 2026, with the first unit completed by end-2028 and full project completion targeted by end-2030.
- Andritz won a contract to rehabilitate three generating units at ENGIE’s Picote I hydropower plant in Portugal; value in the mid double-digit million-euro range. * Order booked in Q2 2026; scope includes new 72-MW Francis runners, generator rotor rehabilitation, power system upgrades, dismantling, installation. * Project completion targeted by end-2030; first upgraded unit due end-2028, second due end-2029. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Andritz AG published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here