Siemens To Get Two-Thirds Of EUR500 Million Wind Power Contract-Source
July 16 2010 - 6:59AM
Dow Jones News
German industrial conglomerate Siemens AG (SI) will get
two-thirds of the EUR500 million contract it is to share with a
consortium of companies to connect a wind power farm in the North
Sea, a person familiar with the contract told Dow Jones Newswires
Friday.
Together with Italian cable manufacturer Prysmian SpA (PRY.MI),
Siemens will connect the wind farm in the North Sea to the mainland
power grid for the transmission system operator Transpower, a
subsidiary of the Dutch grid operator TenneT. Siemens will deliver
an offshore platform with a converter, two transformers and
switchgear technology while Prysmian will provide the cable
connection.
The grid connection will have a transmission capacity of up to
576 megawatts of clean electric power and is scheduled to be in
commercial operation by 2013.
-By Matthias Karpstein, Frankfurt Bureau, Dow Jones Newswires;
+49 69 29725 500; djnews.frankfurt@dowjones.com
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