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Walters Power Provides Units for Hurricane Rita Recovery

Walters Power Provides Units for Hurricane Rita Recovery

For Immediate Release

OKLAHOMA CITY (Oct. 5, 2005) -- The call to former Oklahoma Governor and current President of Walters Power International David Walters came at 3 a.m. on Sept. 26 during a business trip to London.

On the other end was a Houston-based company that was charged by Houston Mayor Bill White with securing emergency power generation units to support the Houston water system – the Coastal Water Authority. The Authority’s power supply had been knocked out by Hurricane Rita and had only five days of reserve water as of Sept. 24.

By Sept. 28, Walters’s company had answered the call with the necessary equipment. Six 40-foot truck-sized units capable of delivering nearly 10 megawatts of power were leased and operating at the Authority’s power station in Dayton, Texas that evening – less than 72 hours after the phone call to Walters.

"We did not have enough units in inventory, but remarkably we were able to purchase additional units to fulfill the requirements of this emergency need," said Tim Emrich, Director of Marketing for Walters Power International. "We negotiated a lease with the Authority’s representing company, got attorneys signed-off, negotiated and signed a purchase agreement for the additional units with financing from BancFirst in Oklahoma City, and worked to insure the units were operational before they got to Dayton, as they had not seen service in a few years."

"It was a business deal, but helping the City of Houston supply water to half a million residents and several key industrial facilities – including several refineries – in the wake of yet another hurricane felt good." Walters said, "We went from tracking Hurricane Rita on an hourly basis due to our exposed storage of $7 million of equipment on the ground in Houston, to then being besieged with requests for the use of our remaining twenty-three 1.5 MW units. We were happy to help with the recovery efforts."

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