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Siemens Financial Services Inc. has Acquired 25% Stake in the $350M Advanced Power CCGT Plant Project in Brockton, MA.
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PR Newswire
- Article date:
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April 29, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON, April 29 /PRNewswire/ -- Siemens Financial Services, Inc. (SFS Inc.) the U.S. financing unit of Siemens AG has acquired 25% of the Brockton Clean Energy Project, a $350 million combined-cycle gas turbine development project in Brockton, MA, from Advanced Power North America, a unit of Advanced Power AG.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
The 350 megawatt Brockton Clean Energy facility is the fourth joint
venture to evolve from a strategic partnership between Siemens and Advanced Power and their first collaboration in the U.S. In Europe, the two companies are jointly developing 1,900 MW of new energy capacity in Belgium, ...
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