Opra Turbines announces new ownership

Tuesday, April 10, 2018

Press Release by

OPRA Turbines

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Hengelo, The Netherlands (05/12/2017) - OPRA Turbines B.V., a leading manufacturer of gas turbines and provider of gas turbine driven power solutions, announces that since August 2017 OPRA Turbine shares have been fully acquired by the Dalian Energas Group. The acquisition will enable OPRA Turbines to continue its path of innovation and excellence. Jan and Hiroko Mowill who founded OPRA in 1991 retired from the company at the end of the summer this year.

OPRA Turbines continues their operations at their new headquarter facility in Hengelo as a member of Energas Group.

Dalian Energas Group headquartered in Dalian, China is a leading company operating on a global level providing gas systems solutions. The Group includes, amongst others, Dalian Energas Gas System Co. Ltd., Dalian Energas New Energy Development Co. Ltd, Calorifer Engineering AG (Switzerland), RMG Messtechnik GmbH(Germany) and OPRA Turbines B.V. The Group is fully committed to the gas equipment manufacturing industry, gas turbine industry, energy storage product industry, distributed energy operations, natural gas energy operations and other core business.

OPRA Turbines B.V.

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About OPRA Turbines B.V.:

OPRA Turbines is a leading developer and manufacturer of advanced gas turbine based generator sets in the 2 MW power range. The OPRA OP16 gas turbine provides robustness, reliability and class leading efficiency and emissions well suited for a variety of applications within the Oil and Gas, Bioenergy and Industrial markets. OPRA provides dual fuel and off-specification fuel options in single or multiple installations from 1 to 10 MW electric power demand. OPRA Turbines is headquartered in Hengelo, the Netherlands.

About Dalian Energas:

Founded in 2002, and Headquartered in Dalian, Energas Group is a rapidly growing enterprise group with taking clean energy as the core, and energy equipment manufacturing and energy products as two wings. Energas has been the premier provider of gas power generation, gas supply system market, gas turbine and other areas in China. Energas provide their technology also to dozens of countries and regions of the world and continue to expand rapidly their market share worldwide. Shanghai Stock Exchange (SH. 603318)