Two Siemens power plant blocks to provide Pennsylvania 829MW output at $400 m

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Siemens has received an order from the U.S. for the delivery of two power plant blocks for the Liberty combined cycle power plant in Pennsylvania. Siemens will deliver two H-class gas turbines, two steam turbines, two generators, two heat recovery steam generators, as well as the electrical equipment and the control system.

The order includes a long-term service agreement and has a total value of approximately $400 million. With a combined cycle output of approximately 829 MW, Liberty will be one of the most advanced gas-fired power plants in the northeastern U.S. when it goes into commercial operation in 2016 and will be able to supply up to one million homes with clean power generated using domestic fuel.

This order brings the total number of H-class gas turbines that Siemens has sold worldwide up to 24. The EPC contractor is Gemma Power Systems LLC, an Engineering, Procurement and Construction contractor in the U.S. The customer is an affiliate of Panda Power Funds.

Roland Fischer, CEO of the Fossil Power Generation Division at Siemens Energy said, "The United States is now the leading purchaser of Siemens' H-class gas turbines – with almost half of all orders globally. This demonstrates how truly dynamic the market for gas-fired power plants is."

Todd W. Carter, president and senior partner of Panda Power Funds said the power plant “offers world-class performance and reliability. Due to its high efficiency, it will also be very economical to operate. These are critical features as we provide electricity for Pennsylvanians for decades to come."

The gas turbines and generators will be manufactured in the Siemens North American manufacturing hub in Charlotte, North Carolina. Siemens Financial Services is providing financing to aid in the project's construction through a $50 million term loan.

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