After Bonus Acquisition, Siemens Lands Turbine Contract

[] Siemens Power Generation just secured their first contract to provide wind turbines after their recent acquisition of Danish wind turbine manufacturer Bonus Energy. Siemens will supply 40 wind turbines to the Farr Wind Farm in Scotland. The order value for the turnkey project, with a total capacity of 92 MW, is approximately EUR 90 million (US $119 Million) The purchaser is npower renewables, Berkshire, a subsidiary of RWE npower. The new Wind Power division of Siemens PG will deliver 40 wind turbines with a capacity of 2.3 MW and a rotor diameter of 82.4 meters each for the Farr Wind Farm, which will be built approximately 10 kilometers south to Inverness in Northern Scotland. The project is scheduled to go online in spring of 2006 and will be npower renewables’ largest wind farm measured by installed capacity. The company currently operates four wind farms in Scotland, with a total combined capacity of more than 95 MW. Siemens’ acquisition of Bonus Energy toward the end of 2004 was among the largest wind industry consolidations of the year.
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