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Press Release | February 2016

Sterling and Wilson Cogen Solutions enters JV

Sterling and Wilson Pvt. Ltd. a world leader in the Turnkey MEP services and engineering, procurement and construction of distributed energy systems, has partnered with Professional Power Products (3PI) a wholly owned subsidiary of Power Solutions International, Inc. (PSI), through a new venture, Sterling and Wilson Cogen Solutions, LLC (SWCS). The new company has been formed to pursue the rapidly expanding North American cogeneration/combined heat and power (CHP) market. SWCS will initially open offices in Chicago, Philadelphia and New York, with plans to expand into other regions as the market continues to grow.

¨Sterling and Wilson has been following the growth of the North American cogeneration market for the last several years. Our analysis through internal strategy group and major global consulting companies, show that the market is positioned for massive expansion. We´ve had all the resources necessary to capture a large segment of this 40 GW market-except for a US company with the necessary products and services that shared our vision. After an extensive search, we have found a partner to support that growth in PSI and its subsidiary 3PI,¨ said Rajesh Shah, President of Sterling and Wilson Co-gen Solutions Pvt. Ltd.

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