- The Carlyle Group is Flender
GmbH’s new owner
- Completion of another step
in executing Vision 2020+ strategy for enabling Siemens to become a focused
technology company
Siemens has successfully
closed the sale of Flender GmbH to The Carlyle Group for €2.025 billion
(enterprise value). In October 2020, Siemens announced its plans to sell the specialized
supplier of mechanical and electrical drive systems to Carlyle. Now that the relevant
authorities have granted the required approvals, the transaction has closed. As
previously announced, the sale of Flender results in a disposal gain of a euro
amount in the mid-triple-digit millions for Siemens AG.
- Siemens, MW Storage International, Fluence and Vibeco develop unique ecosystem for global beverage manufacturer
- Solution to enable new levels of energy optimization
- Encompasses software, financing, latest storage technology
- Sinebrychoff’s first energy storage service contract
In a move that brings new market opportunities for industrial players, Siemens has developed a unique business model to support the next level of energy optimization for Finnish brewery Sinebrychoff, a subsidiary of the international Carlsberg Group. At the heart of the solution, which will be implemented at Sinebrychoff’s plant in greater Helsinki, is a virtual power plant (VPP) and the latest energy storage technology, supported with financing solutions, to create one of the first examples of power flexibility in an industrial site.
- Sale for price of €2.025 billion
- Another step in executing Vision
2020+ strategy for becoming a focused technology company
- New ownership structure offers Flender
optimal growth and development opportunities
- Long-term and reliable commitments agreed
upon for Flender’s employees and German locations
The Managing
Board and Supervisory Board of Siemens AG have approved the sale of Flender GmbH
– a world-leading supplier of mechanical and electrical drive systems – to Carlyle.
The contracting parties signed a corresponding agreement today. The price is €2.025 billion (enterprise value). Siemens
recently gave its energy business independence through a public listing. By
selling Flender, the company is now promptly taking another important step in
the rigorous execution of its Vision 2020+ strategy for enabling Siemens
to become a focused technology company. Carlyle’s plans – following Flender’s successful
reorientation – are to further accelerate its growth and fully develop its
strengths through more independence and greater leeway for decisions. The sale also
makes it possible to forgo the originally planned spin-off and public listing
and thus offers a faster track to clarity for a successful future of Flender. The
transaction is expected to close in the first half of 2021 and is subject to
foreign-investment and antitrust approvals.
- Calibrant Energy to bundle latest distributed energy technologies and financing expertise of global leaders Macquarie and Siemens
- The joint venture will create Energy-as-a-Service solutions from a full range of energy technologies for corporate and municipal clients
Macquarie’s Green Investment Group (GIG), Siemens Smart Infrastructure and Siemens Financial Services (SFS) today announced the formation of Calibrant Energy (Calibrant), a joint venture that offers comprehensive onsite Energy-as-a-Service (EaaS) solutions at no up-front cost for its customers, which include corporate and industrial clients, as well as municipalities, universities, schools and hospitals.
- SPIC to acquire 33% of GNA I and GNA II 3 GW LNG-to-power projects
- Enter agreement to participate in future expansion projects GNA III and GNA IV as part of overall 6.4 GW power and domestic gas hub strategy at Port of Açu
Prumo, a private Brazilian company controlled by EIG Global Energy Partners, bp and Siemens signed a binding agreement with SPIC Brasil. Under the agreement, SPIC will initially acquire 33% of the GNA I and GNA II LNG-to-power projects, located in Port of Açu, Rio de Janeiro. SPIC has also entered into an agreement to participate in the future expansion projects GNA III and GNA IV, which are expected to be fueled by a combination of LNG and domestic gas from Brazil’s vast pre-salt reserves.
- Siemens finalizes investment and framework agreements with BECIS
- Investment makes Siemens a major shareholder in BECIS
- Partnership enables customers to redirect capital funding to core business
- Innovative funding solutions for distributed energy solutions and services
Combining its financial expertise with intelligent energy solutions and services, Siemens has entered investment and framework agreements with Berkeley Energy Commercial Industrial Solutions (BECIS). Together, they will provide customers access to distributed energy solutions via a flexible ‘Energy as a Service’ (EaaS) model, allowing customers in the Asia Pacific market to pay for energy services without the need for any capital investment. This will address customers’ energy cost and sustainability challenges.
- Siemens Energy delivers another highly efficient combined cycle power plant to Marl
- Evonik replaces old backup gas power plant
- Siemens Financial Services arranges customized financing
Siemens Energy is building
another highly efficient combined cycle power plant for the specialty chemical
company Evonik at its largest industrial location in Marl, North
Rhine-Westphalia, Germany. Consisting of one SGT-800 gas turbine, one SST-400
steam turbine, and two generators, the plant will produce power and heat with
90 megawatts of electrical capacity and 220 megawatts of thermal capacity. It
will go into operation in 2022 replacing a backup gas power plant. Along with
the power plant components, Siemens Energy is also supplying the SPPA-T3000
control system for controlling the cutting-edge plant. A long-term service
agreement between Siemens Energy and Evonik will ensure the availability of the
power plant and its components.
- New Simotics HV M slipring motors provide range of power up to 4.5 MW
- Easy integration into SIDRIVE IQ applications for highest availability, serviceability, productivity and efficiency
- Easy plant integration due to 3-D Motor models to speed up complete plant integration processes
- Certified and proven Siemens MICALASTIC® VPI insulation system with extreme long lifetime
Building on more than a century of experience in manufacturing slipring motors, Siemens today announces the new Simotics HV M slipring motor. Designed and engineered for applications mainly in the cement and mining industries, the newest slipring motor is implemented in a wide range of applications including but not limited to mills, crushers, conveyors and fans. The new platform motor with its power range up to 4.5 MW completes the Siemens slipring motor family which covers now the power range from 0.5 to 8.2 MW.
- Conveyor system will move 127,500 tons of primary crushed ore per day
- New Siemens’ gearless drive technology to increase reliability and efficiency additionally by up to 4 percent
- Maintenance requirements of the drive system significantly reduced
Powered by Siemens’ new gearless drive technology, thyssenkrupp’s high-capacity overland conveyor will access one of the world’s largest copper reserves in Quellaveco. The Quellaveco mine in Peru contains approximately 7.5 million tons of copper in ore reserves – enough to wire 80 million homes or equip 90 million electric vehicles.
- Increased power density and user-friendliness through easy handling
- Plug and play installation and rapid replacement of individual modules
- Increase in redundancy and degradation rates for fuel cell plants
Building on the success of the previous BZM34 and BZM120 fuel cell modules, Siemens aims to optimize the power density and user-friendliness of fuel cell plants on board of air-independent underwater vehicles with its new BZM evo fuel cell module. A single BZM evo has a nominal power of 40 kW. Future plants will be able to provide a maximum power of 320 – 480 kW, depending on the selected type of installation and number of fuel cell modules, without exceeding the footprint of an existing BZM34 or BZM120 plant.