Monday, September 13, 2010

WIND: Siemens gets two orders US$1.1B

Wind farmSiemens has secured two giant wind turbine orders in the US and China that are estimated to be worth around $1.1bn.

The company said it has inked a deal in Ontario to provide wind turbines with 600MW of capacity, and will also deliver 98 turbines with a combined capacity of 227MW to a planned wind farm in Oklahoma.

Financial details of the deals were not disclosed, but according to some reports they are estimated to be worth around €800m.

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