Press Releases

POWER Engineers Opens Office in Argentina

March 2001

HAILEY, IDAHO — POWER Engineers, Inc., announced today it has opened a branch office in Buenos Aires, Argentina. The office, POWER Engineers de Argentina, will provide a local contact that can offer POWER’s engineering services to the growing Latin American energy market.

Bill Hansen, production manager of POWER’s Transmission & Distribution Engineering Division, cited growth in demand for new and upgraded electric power transmission and distribution facilities as the catalyst for opening the Argentina office. Electricity consumption in Central and South America is projected to grow four percent annually for the next decade.

“POWER Engineers de Argentina will allow us to expand our support for our traditional North American clients by providing core engineering services to them in the Southern Cone region of Latin America,” Hansen said.

The Buenos Aires office is the second international office POWER Engineers has opened in the past year. In March 2000, POWER opened an office in Ballina, Republic of Ireland. With the addition of these two offices, POWER Engineers has nearly 700 employees in 13 office locations.

John Stevens, who has more than a decade of experience in Latin American business development, will oversee the office operations and will market POWER’s services primarily to the Mercosur countries of Argentina, Brazil, Paraguay and Uruguay as well as Chile.

“Buenos Aires offers POWER an excellent location from which to take advantage of the exciting changes and deregulation in the region, ” Stevens said. “It reflects our commitment to assisting our clients to expand their investment activity in Mercosur.”

According to the U.S. Department of Commerce’s International Trade Administration, Argentina’s production of electricity has grown dramatically following industry restructuring and privatization. Many U.S. companies, such as Enron International, AES, CMS Energy and Entergy, are now involved in power generation in that country. Increased electricity production will allow Argentina to meet its own electricity needs and to begin exporting electricity to Brazil and Chile. The main barrier for Argentine electricity exports to both of these countries has been a inadequate power transmission infrastructure. Brazil is also privatizing its power generation, transmission and distribution services and POWER’s Argentina office will be investigating project work in that country as well.

POWER Engineers, Inc., is a leading provider of consulting engineering services to industrial, electric utilities, independent power producers, telecommunications providers and other clients, including those in high-tech manufacturing, food processing, health care and pulp and paper industries.