Pattern Energy Chooses Siemens as Technology Partner for 150-MW Amazon Wind Farm Project in Indiana

Loading...
Loading...
ORLANDO, Fla.--(BUSINESS WIRE)--

Siemens has been awarded an order from Pattern Energy Group Inc. ("Pattern Energy") to supply, support installation and provide long-term service for 65 wind turbines for the Amazon Wind Farm (Fowler Ridge) to be located near Fowler, Indiana. Installation of the wind turbines is scheduled to begin in July of this year. The project is expected to start generating power in the fourth quarter of 2015.

Siemens Financial Services (SFS) led the construction financing for this project, committing $150 million. SFS's early involvement in structuring a unique financing solution that other lenders could not provide was integral in closing the order and allowing Pattern to move forward with the project. Siemens also partnered with Pattern Energy to supply 67 state-of-the-art Mount Generation Step Up (GSU) Transformers for the Amazon Wind Farm (Fowler Ridge).

"Siemens is proud that our ‘Made in America' wind components will be used at the Amazon Wind Farm (Fowler Ridge). Wind power is an increasingly important part of our nation's energy mix, and this project is part of a growing trend we see in the U.S. of technology companies and leading corporations investing in wind power," said Jacob Andersen, CEO Onshore Americas, Siemens Wind Power and Renewables Division. "Our goal is to provide the most efficient and reliable equipment to ensure that wind energy is both sustainable and affordable. We're pleased to continue our long relationship with Pattern Energy, and Siemens technicians will work to ensure optimal performance of this equipment."

"Our partnership with Siemens on the Amazon Wind Farm is supporting jobs throughout the life of the project, from manufacturing through construction and ongoing operations," said Mike Garland, CEO of Pattern Energy. "This project will use new Siemens wind turbines with blades, towers, nacelles and transformers that are made in America."

Power produced at the site of the 150-MW project will be purchased by Amazon to supply electricity to the electric grids that service its Amazon Web Services, Inc. (AWS) datacenters.

The project will feature Siemens SWT-2.3-108 wind turbines, each with a power rating of 2.3 megawatts (MW) and 53-meter blades.

The Siemens SWT-2.3-108 wind turbines are part of the company's G2 platform of onshore geared products – the workhorse of Siemens'-installed portfolio with rotor diameters optimized for all wind conditions. The G2 platform features highly-engineered, designed and manufactured components, exceptional reliability and low operational costs for an optimized return on investment.

The nacelles and hubs for the project will be assembled at the Siemens facility in Hutchinson, Kansas. The blades will be manufactured at the Siemens blade facility in Fort Madison, Iowa. The transformers will be manufactured at the Siemens' transformer facility in Richland, Mississippi.

Siemens is a leading supplier of reliable, environmentally friendly and cost-efficient renewable energy solutions. Driving down the cost of wind power is a key goal for Siemens, helping to make renewable energy competitive with conventional energy sources.

For more information about Siemens Wind Power and Renewables, visit http://sie.ag/1CT76uh

Siemens Corporation is a U.S. subsidiary of Siemens AG, a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. With 343,000 employees in more than 190 countries, Siemens reported worldwide revenue of approximately $98 billion in fiscal 2014. Siemens in the USA reported revenue of $22.2 billion, including $5.2 billion in exports, and employs approximately 50,000 people throughout all 50 states and Puerto Rico.

Contact for journalists:
Erin Brown, 202-730-1017
erin.brown@siemens.com
or
Follow us on Twitter at: www.twitter.com/siemens_press

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...