Siemens to build new combined cycle power plant in France

Siemens | Sep 4, 2019 at 12:00 AM

Siemens will build a new combined cycle power plant as a turnkey project in Landivisiau in western France. The company will also operate and maintain the plant for a period of 20 years. With an installed capacity of 446 megawatts, the power plant will help to reliably cover Brittany's growing demand for electricity. The order volume is approximately €450 million. Siemens Financial Services (SFS), the financing arm of Siemens, held an equity stake in the project, ensuring stability during the entire development phase.