This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Siemens Receives Major Order For Turnkey Power Plant Project In Argentina

Siemens Energy received an order from Argentina for the turnkey construction of the Guillermo Brown thermoelectric power plant. The order volume, including power transmission, fuel supply solutions and a Full Service Maintenance contract for 10 years, amounts to approximately USD 800 million. The customer is Fideicomiso Central Termoelectrica Guillermo Brown S.A.

Besides the turnkey construction of the plant Siemens will deliver two F-Class gas turbines and two generators. In addition, Siemens is also delivering the infrastructure works at the port to offload fuel, high-voltage transmission lines, switchyard, and fuel pipelines for the power plant. Commissioning is scheduled for 2015. The new power plant will have an electrical generating capacity of approximately 580 megawatts (MW).

In the past years, Siemens Energy has supplied several power plants in Argentina, among them the Campana, Timbues, Brigadier Lopez and Ensenada plants. Together, they have a generating capacity of about 3,000 MW of electricity. The currently installed power plant capacity in Argentina of approximately 30,000 MW is expected to increase strongly in the next decades. About 50 percent of the plants will be gas-fueled.

This press release can be found at www.siemens.com/press/pi/EFP201309064eFor further information on the SGT5-4000F gas turbine, please see www.siemens.com/energy/SGT5-4000F Follow us on Twitter at: www.twitter.com/siemens_press

The Siemens Energy Sector is the world’s leading supplier of a broad spectrum of products, services and solutions for power generation in thermal power plants and using renewables, power transmission in grids and for the extraction, processing and transport of oil and gas. In fiscal 2012 (ended September 30), the Energy Sector had revenues of EUR27.5 billion and received new orders totaling approximately EUR26.9 billion and posted a profit of EUR2.2 billion. On September 30, 2012, the Energy Sector had a work force of almost 86,000. Further information is available at: www.siemens.com/energy.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,041.54 -190.48 -1.04%
S&P 500 2,104.20 -21.86 -1.03%
NASDAQ 5,032.7510 -56.6110 -1.11%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs