30 Mar '17, 8am

#Siemens to deliver 12 #gasturbines for 4 industrial #powerplants in #Argentina

#Siemens to deliver 12 #gasturbines for 4 industrial #powerplants in #Argentina

Siemens continues to be on a successful course with its energy business in Argentina: the company has secured orders to supply a total of four turnkey industrial power plants to the country. Six SGT-A65 TR (former Industrial Trent 60) gas turbines will form the heart of two plants in the cities of Luján and Matheu in Buenos Aires Province in eastern Argentina. Siemens has also been awarded a contract to supply six industrial gas turbines of type SGT-800 for two power plants in Las Palmas and San Pedro in the cities of San Pedro and Zarate. Siemens' customers are the two Canadian private equity companies Stoneway Capital and Araucaria Energy led by Roger Nores. They will operate the plants as independent power producers with the support of Siemens. The total order volume for Siemens is approximately USD 570 million. Siemens has also committed a USD 115 million loan to suppo...

Full article: http://www.siemens.com/press/en/pressrelease/2017/power-g...

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