APR pens Saudi partnership

APR Energy yesterday said it has signed a partnership deal with Saudi Arabian equipment rental firm Hertz Dayim, giving the firm a chance to expand in the Middle East. APR said in an update ahead of its shareholder meeting that it has won 353 megawatts of new energy contracts since the start of the year, up from 284MW in the same period last year. Shares in the firm closed 3.7 per cent lower.