German industrial conglomerate Siemens AG (SI) said Thursday it received long-term service contracts in the Philippines and France worth around EUR800 million.
German industrial conglomerate Siemens AG (SI) said Thursday it received
long-term service contracts in the Philippines and France worth around EUR800
million.
MAIN FACTS:
-Subsidiaries of the Philippine power plant operator First Gen Corp. (FGEN.PH)
have awarded two 15-year service contracts to Siemens' Energy Service division,
which will provide operation and maintenance for natural gas-fired power plants
totaling 1,000 megawatt.
-The French power plant operator Poweo SA (ALPWO.FR) awarded a 19-year service
contract to Siemens, under which it will be responsible for operation and
maintenance for the 413-MW combined-cycle gas turbine power plant that is being
built in Toul by Siemens.
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