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SIEGY Siemens AG (PK)

95.65
1.31 (1.39%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Siemens AG (PK) USOTC:SIEGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  1.31 1.39% 95.65 95.61 95.65 96.20 95.049 96.00 69,866 20:59:53

Siemens Gamesa Gets Turbine Order From Swedish Wind Farm

12/10/2020 8:19am

Dow Jones News


Siemens (PK) (USOTC:SIEGY)
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   By Joshua Kirby 
 

Siemens Gamesa has agreed to a deal to supply 60 turbines to a wind-power project in Sweden, the company said Monday.

The Spanish renewable-energy company will provide the SG 5.8-170 model turbines to the Bjornberget project in Ange in central Sweden, which begins construction this year, according to Siemens Gamesa. The turbines have a combined supply of 372 megawatts, the company said.

The wind farm is owned by asset manager Prime Capital and power producer Enlight, Siemens Gamesa said. The turbines will be installed at the wind farm in 2022, and will be covered by a 15-year service agreement, the company added.

The deal is the largest yet for Siemens Gamesa's 5.X platform, the company said.

"Once commissioned, Bjornberget will be the largest-ever Siemens Gamesa project in the Nordics and will generate enough electricity to meet the demands of around 300,000 European households," Siemens Gamesa said.

 

Write to Joshua Kirby at joshua.kirby@dowjones.com

 

(END) Dow Jones Newswires

October 12, 2020 03:04 ET (07:04 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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