Atlantic Projects Company Limited

Name

Atlantic Projects Company Limited

Legal name

Atlantic Projects Company Limited

Website

https://atlanticprojects.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Atlantic Projects Company is an Ireland-based EPC and maintenance contractor for the power generation industry. Founded in 1974 and a wholly-owned subsidiary of Argan, Inc., the firm provides turbine installation, commissioning, O&M and grid-stabilisation services to utilities, OEMs and data centre operators across four continents.

Ownership category

akta.pro rank

Product category

Power Generation Engineering & Construction Services

NAICS

Engineering Services (541330)

SIC

General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

akta.pro secondary industries

Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• Power generation EPC
• Turbine installation commissioning
• Operations and maintenance
• Power plant construction
• Rotating equipment services

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Revenue model

1. EPC (Engineering, Procurement & Construction): Full turnkey EPC services for new build power generation projects including design, procurement, construction, installation and commissioning of gas turbines, steam turbines, hydro turbines, boilers, HRSGs and rotating equipment.
2. Operations & Maintenance Services: Comprehensive O&M services for power generating facilities including 24/7 plant coverage, planned and unplanned maintenance, outage services, and flexible contract structures (IOM or full CCC).
3. Technical Services: Providing skilled labour, supervision, project management, and technical personnel to clients including turbine centreline installation teams, field engineers, QA/QC, and project controls. Over 90% of team are full-time employees or have worked on multiple APC projects.
4. Inspections & Repairs: Specialist outage, modification and upgrade services for turbines ranging from 10MW machines to 500MW+ 'H' class technology units. Includes boiler and HRSG services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Atlantic Projects Company (APC) is a contractor providing bespoke engineering, procurement, construction and maintenance (EPC and O&M) services for power generation across thermal and renewable technologies. It installs, commissions, overhauls and maintains gas turbines, steam turbines, hydro turbines, boilers, HRSGs, compressors and rotating equipment for power, oil & gas and industrial clients.

Product overview

Atlantic Projects Company Limited is a power generation contractor providing bespoke engineering, construction and maintenance services. The company operates as a unified EPC and maintenance provider organized around five core services: Engineering, Procurement and Construction (EPC), Inspections & Repairs, Technical Services, and Operations & Maintenance. These services support multiple power generation sectors including CCGT & OCGT, Synchronous Condensers, Waste to Energy, Data Centres, Oil & Gas, Biomass, CHP, BESS, and Hydroelectric. The company has installed and overhauled equipment totalling in excess of 65,000 MW worldwide and operates across projects spanning thermal technologies (gas turbines, steam turbines, boilers, HRSGs) and renewable technologies (hydroelectric, biomass, battery storage). Projects range from new-build turnkey EPC delivery (e.g., Shannonbridge OCGT units, Teesside biomass boiler, Spalding OCGT) to major maintenance outages (e.g., Moneypoint, Aghada, Carrington) to long-term O&M contracts (e.g., Data Centre Back-Up facility). The company was founded in 1974, acquired by Argan, Inc. in 2015, and is headquartered in Limerick, Ireland with offices in Derby, UK.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering, Procurement and Construction (EPC) Full-service EPC delivery for new build power generation projects including gas turbines, hydro turbines, steam turbines, boilers, HRSGs, compressors and other rotating equipment across multiple power sectors including gas, oil, waste to energy, biomass and CHP.
• Inspections & Repairs Comprehensive outage, modification and upgrade services for turbines ranging from 10MW to 500MW+ 'H' class technology units, including boiler and HRSG services, detailed scheduling, and skilled field supervision and labour.
• Technical Services Provision of skilled personnel including turbine centreline installation teams, project management, construction management, field engineers, QA/QC, project controls, and highly experienced skilled labour for flexible deployment on client projects.
• Operations & Maintenance Comprehensive O&M services ensuring plant reliability and safety with 24/7 plant coverage, flexible contract structures (IOM or full CCC), mobilisation programmes, and on-call corporate engineering support for power generating facilities.
• CCGT & OCGT Services Installation, commissioning and maintenance services for large scale CCGT and OCGT power plants with over 45 years of experience and over 46,000MW of power installed on six continents.
• Synchronous Condensers Services Mechanical and electrical construction and commissioning of grid stabilisation Synchronous Condenser Units from initial civil works through to installation and commissioning.
• Waste to Energy Services Full installation and commissioning service for thermal waste to energy technologies generating electricity and heat from incineration of waste.
• Data Centres Power Services Engineering design, installation and commissioning of both prime and backup power generation plants for data centres, delivering turnkey solutions from grid connection through to uninterruptable site distribution boards.
• Oil & Gas Services Specialised power train equipment installation services for Oil & Gas new construction or retrofit projects with advanced laser alignment tools and procedures for complex multi-unit power and compression trains.
• Biomass Services Full EPC service for biomass-fired power plants in the 5 to 300MW CHP market, including installation and commissioning for larger biomass plant designs.
• CHP (Combined Heat and Power) Services Combined Heat and Power (cogeneration) services providing highly-efficient electricity and process heat production with customised design and technology selection for industrial and campus applications.
• BESS (Battery Energy Storage) Services Battery Energy Storage System EPC and microgrid services, storing electrical energy in power banks for release back to national grid or locally to specific facilities to enable intermittent renewable energy resources.
• Hydroelectric Services Hydroelectric power station services including project management, plant maintenance, major overhauls with generator disassembly, rotor removal, blade repair, turbine and generator reassembly, and commissioning support with over 800 MW capacity maintained.

Quantifiable outcome

• 65,000+ MW of power generation equipment installed and overhauled worldwide
• +4 more outcomes

Named customers6 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• University of LimerickcoreStrategic or Co-development PartnerAPC has a partnership with the University of Limerick to support the enhancement of their graduate engineering programme and future growth. APC is also involved with the Kemmy Business School and the Centre of Project Management at UL. The partnership includes a University Bursary programme for students.
• Engineers IrelandcoreStrategic or Co-development PartnerAPC runs its successful Graduate Engineers Programme in conjunction with Engineers Ireland, providing accredited professional development for graduates entering the power generation industry.
• BechtelcoreStrategic or Co-development PartnerAPC has been supporting Bechtel on a worldwide basis for over 20 years, proving themselves to be an effective and invaluable partner. Specialist teams support Bechtel with gas turbine and combined cycle steam turbine expertise on global projects including Sabine Pass and Corpus Christi LNG facilities.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sulzer: Specialises in rotating equipment services, including turbine and compressor overhauls for power and oil & gas operators. Direct overlap with APC's turbine inspection, repair and laser alignment services.
• Gemma Power Systems: Sister company under Argan, Inc., delivering EPC for utility-scale power plants including gas, biomass and renewable technologies. Most directly comparable business model and customer base to APC.
• Burns & McDonnell: Employee-owned EPC firm with a global power generation practice covering gas, renewable and grid-stabilisation projects. Closely comparable in scope and customer profile to APC.
• Babcock & Wilcox: Supplies and services power generation equipment, including boilers, HRSGs and emissions technologies, with a strong outage and refurbishment franchise overlapping with APC's inspections and repairs work.
• ANDRITZ Group: Provides turbines, pumps and service for hydro and thermal power plants worldwide. Overlaps with APC in hydroelectric overhauls and power-plant EPC/upgrade scopes.

Broad incumbents

• Black & Veatch: Large diversified EPC firm with significant power, water and oil & gas exposure. Competes with APC for utility-scale generation scopes but at much larger scale and broader portfolio.
• Worley: Global engineering and EPC services provider with energy, chemicals and resources projects. Overlaps with APC in power and oil & gas EPC services, though at significantly larger scale.
• Wood Group: Energy services and engineering firm with strong power and oil & gas EPC capabilities. Competes with APC on LNG, gas turbine and combined-cycle scopes and shares several leadership alumni.

Emerging players

• ENKA İnşaat: Turkish-based EPC contractor with growing international power generation portfolio including simple and combined cycle plants. Comparable mid-cap EPC peer for international gas turbine scopes.
• Técnicas Reunidas: Spanish EPC contractor executing energy and oil & gas projects internationally. Comparable in scale and business model to APC for mid-sized power generation EPC packages.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/atlantic-projects-company

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Atlantic Projects Company Limited