Siemens signs four wind power service agreements in the U.S.

Under a four-year contract signed with the Cannon Power Group, Siemens will be providing warranty maintenance services for a total of 114 SWT 2.3 93 wind turbines in the Windy Flats wind farm and Windy Flats Extension wind farms in Washington.

In Oregon, Iberdrola Renewables has awarded Siemens a five-year extension on service, warranty and maintenance contract for the 44 wind turbines in their Klondike III wind energy project.

In addition, Summit Power has extended an existing service contract for 89 wind turbines at its White Creek wind farm in Washington by another two years. The contracts for these four wind farms have a total value of around USD 55 million.

Siemens has developed a flexible spectrum of services that can readily be tailored to the specific needs of its customers. The goal is to assure a high level of equipment availability throughout the wind farms’ operating lifetimes.

Wind turbine and wind turbine service are part of Siemens’ Environmental Portfolio. In fiscal 2009, revenue from the Portfolio totaled about EUR23 billion, making Siemens the world’s largest supplier of ecofriendly technologies. In the same period, the company’s products and solutions enabled customers to reduce their CO2 emissions by 210 million tons. This amount equals the combined annual CO2 emissions of New York, Tokyo, London and Berlin.

The Siemens Energy Sector is the world’s leading supplier of a complete spectrum of products, services and solutions for the generation, transmission and distribution of power and for the extraction, conversion and transport of oil and gas.

In fiscal 2009 (ended September 30), the Energy Sector had revenues of approximately EUR25.8 billion and received new orders totaling approximately EUR30 billion and posted a profit of EUR3.3 billion. On September 30, 2009, the Energy Sector had a work force of more than 85,100.