- Siemens and Desert Technologies launch joint venture Capton Energy to develop and invest in solar and smart infrastructure in the Middle East, Africa and Asia
- Capton Energy aims to invest in projects of 1GW in aggregate and boost the supply of clean, stable and affordable power in under-served markets
Siemens and Desert Technologies have
launched a joint venture to develop and invest in solar and smart infrastructure in Africa,
the Middle East and Asia, as
announced today at Expo 2020 Dubai. The venture, Capton Energy – which aims to build
up a portfolio of investments in projects with an aggregate capacity of more
than 1 gigawatts (GW) – will support projects providing clean, reliable, and affordable energy in areas that need it most.
Cooperation on condition-based and predictive maintenance is extended to the end of 2024 and now also includes 130 Vectron locomotives
- Support NCTD’s fleet of 12 DMU vehicles servicing Northern San Diego
- Optimizes fleet maintenance and availability
Siemens Mobility was awarded a 12-year Technical Support Spares Supply Agreement (TSSSA) contract by North County Transit District (NCTD) in San Diego, California for their fleet of Siemens Sprinter Diesel Multiple Unit (DMU) vehicles. With a value of $80 million, the contract includes base services for the 12-year term with a 3-year option to be performed on a task order basis if executed. These Sprinter DMU vehicles have been in revenue service since 2008.
- Siemens further sharpens its
portfolio as a focused technology company
- Purchase price of €1.15 billion,
closing expected in current calendar year
- Sale to international technology
group Körber agreed
- Mail and parcel business ideal
expansion of Körber’s portfolio, supplementing its existing Business Area Supply
Chain
- Airport logistics business to remain
part of Siemens’ Portfolio Companies
Siemens has reached
an agreement to sell the mail and parcel business of Siemens Logistics GmbH to
the Körber Group. With this transaction, approved by the Managing and
Supervisory Boards of Siemens AG, Siemens is further implementing the rigorous
sharpening of its portfolio as a focused technology company. The purchase price
totals €1.15 billion (enterprise value). Closing is expected in the course of
the current calendar year, subject to regulatory approvals. Körber is a
world-leading technology company whose Business Area Supply Chain has grown
successfully in recent years, making the company a long-term, strategic new
owner for the mail and parcel business.
- Profit impact of around 300 million Euros in Q2 FY22
- Closing expected in July 2022
- Single ownership of Valeo provides strong prospects for joint
venture
- Another successful milestone for Siemens Portfolio Companies
Siemens AG has signed an agreement to sell
its 50 percent stake in the Valeo Siemens e-Automotive (VSeA) joint venture to
Valeo. The positive profit impact of around 300 million Euros will be recorded
in the second quarter of fiscal 2022 and closing is expected in July 2022,
subject to regulatory approvals.
The central artery of the Copenhagen S-train network is now in operation
with a new Communications-Based Train Control System (CBTC) provided by Siemens
Mobility.
- Atlantia S.p.A. to acquire Yunex Traffic from Siemens Mobility for €950 million
- Closing expected by September 2022
- Yunex Traffic is a leader in intelligent road traffic solutions
- Siemens continues to sharpen its portfolio as focused technology
company
Siemens Mobility today signed an agreement to divest Yunex Traffic, the international road traffic business, to Atlantia S.p.A. The Managing Board and Supervisory Board of Siemens AG have approved the planned transaction. The purchase price is €950 million (enterprise value). Closing is expected by September 2022, subject to the relevant regulatory approvals. Yunex Traffic is a leader in innovative and intelligent infrastructure and traffic solutions for roads and cities. As a global leader in mobility infrastructure technology and services, Atlantia is a long-term, strategically oriented new owner for Yunex Traffic.
- Initial firm order for 20
locomotives
- The Vectron platform will boost Akiem’s
activities in key corridors of Central and South-Eastern Europe, up to
Scandinavia
- With this partnership, Akiem strengthens
its ability to meet its customers’ growing needs in passenger and freight
operations throughout Europe
Saint-Ouen-sur-Seine, 21 December,
2021 – Akiem, the rolling
stock leasing specialist, and Siemens Mobility announce Akiem’s firm order for 20 Vectron locomotives. The order has been finalised as part of a
framework purchase agreement for locomotives, ancillary equipment and services
signed August 2021. With this new contract, Akiem confirms its leadership of the European
leasing market and its ambition to supply European freight and passenger operators with appropriate, efficient rolling stock.