Stay updated with breaking news from Jochen Eickholt. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
FRANKFURT (Reuters) - Siemens Energy and conglomerate Andrade Gutierrez have won 1 billion euro ($1.1 billion) contract to build a 1.7 gigawatt combined cycle power plant in Brazil, the German group said on Tuesday.
The German company said using LNG is the most efficient option.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/MFL6DJEPCRJGBABLYVZZZZO7JU.jpg)
Siemens Energy and conglomerate Andrade Gutierrez (AGIS.UL) have won 1 billion euro ($1.1 billion) contract to build a 1.7 gigawatt combined cycle power plant in Brazil, the German group said on Tuesday.
Siemens Energy has secured an order for the turnkey construction of the combined cycle power plant UTE GNA II in the integrated LNG-to-Power project GNA II, located at Port of Açu, in the Brazilian state of Rio de Janeiro.
Siemens Energy and Voith have agreed that Voith will take over Siemens Energy's 35% stake in the joint venture Voith Hydro.