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Siemens wins $570m gas turbine contracts for power plants in Argentina
Siemens has received $570m worth contracts from two Canadian firms Stoneway Capital and Araucaria Energy to supply gas turbines for four turnkey industrial power plants in Argentina.
Siemens will provide supplies six SGT-A65 TR gas turbines to two power plants in the cities of Luján and Matheu in Buenos Aires Province
The company will supply six SGT-A65 TR, which is former Industrial Trent 60, gas turbines to the two plants in Luján and Matheu cities in Buenos Aires Province in eastern Argentina.
Siemens will also provide six SGT-800 type industrial gas turbines for two power plants in Las Palmas and San Pedro in the cities of San Pedro and Zarate.
With the support of Siemens, the Roger Nores-led Canadian private equity firm will run the plants as independent power producers.
Siemens has also agreed to provide a $115m loan to be used for the construction of the power plants.
In addition, Siemens has entered into long-term service agreements for the four facilities. The contracts comprised of operation maintenance (OM) and long-term deals for each facility for 10 years periods.
Under the deals, the firm will provide maintenance staff, remote monitoring, round the clock helpdesk, overhaul services and spare parts for stock and reliability guarantees for the facilities.
Luján facility will be installed with two SGT-A65 TR gas turbines and two SGen5-100A-series electrical generators.
Matheu facility will be provided with the four model SGT-A65 TR turbines. It holds a capacity to produce 254MW of electricity.
Las Palmas site will be installed with four SGT-800 gas turbines with an electrical generating capacity of 202MW, while 104MW San Pedro facility will be provided with two SGT-800 gas turbines
Siemens’ power and gas division Latin America region sales vice president José Aparicio said: "This is the first time we have sold a turnkey industrial power plant equipped with aeroderivative gas turbines, as well as long-term service.