Siemens Energy Announces World’s Largest Onshore Wind Turbine Order

  Siemens Energy Announces World’s Largest Onshore Wind Turbine Order

                Order is Placed by MidAmerican Energy Company

       Project adds 1,050 MW of Clean Energy to Iowa’s Energy Portfolio

  *Components to be “Made in America” at Fort Madison, Iowa, and Hutchinson,
    Kansas, facilities
  *Service, maintenance and warranty agreement included
  *Order demonstrates that wind power is a viable and sustainable part of the
    U.S. energy mix
  *Orders like this one, as well as the substantial growth of wind generated
    electricity, further demonstrate that the federal Production Tax Credits
    work

Business Wire

FORT MADISON, Iowa -- December 16, 2013

Watch the event live on December 16, 2013 at 1 p.m. CT at www.awea.org or
http://www.usa.siemens.com/energy-efficiency-in-the-us/

Today, Siemens Energy confirmed that the 1,050-megawatt (MW) wind turbine
order it recently received from MidAmerican Energy Company is the largest
onshore wind turbine order in the world. The news was announced at a
commemoration event at Siemens’ blade manufacturing facility in Fort Madison,
Iowa.

In attendance at the event were federal, state, and local officials, including
Iowa Governor Terry Branstad; Mark Albenze, the CEO of Siemens Energy Wind
Power Americas; Tim Holt, CEO of Siemens Energy Service Renewables; Bill
Fehrman, president and CEO, MidAmerican Energy; representatives from the
American Wind Energy Association (AWEA) and the Iowa Wind Energy Association
(IWEA); along with employees, community members, landowners and local
suppliers.

“We congratulate MidAmerican Energy on its leadership in renewable energy
development in Iowa and the U.S. We are very excited that MidAmerican Energy
has again selected us to partner with them on its latest wind expansion
projects in Iowa, allowing us to continue to supply U.S.-made blades and
nacelles,” stated Mark Albenze, CEO of Siemens Energy’s Wind Power Americas
business. “The size and magnitude of this order confirms wind power’s growing
importance as part of a balanced energy mix in Iowa and the U.S.”

“When the new projects are completed in 2015, MidAmerican Energy and Siemens
will have provided more than 2.2 gigawatts of clean, wind-generated
electricity in Iowa since 2008,” said Bill Fehrman, president and CEO,
MidAmerican Energy. “We look forward to working with Siemens over the next two
years to construct five additional wind farms, which will have a major impact
on Iowa’s economy and energy future.”

In 2012, wind energy was, for the first time ever, the No. 1 source of new
electricity generation capacity. More wind power capacity was installed in the
U.S. than any other form of power generation. Additionally, a record-setting
$25 billion in private investment was added to the U.S. economy in new wind
farm construction, making wind the top source of newly installed electric
generating capacity, representing 42 percent of all new capacity. Since 2005,
the wind industry has brought more than $105 billion of private investment
into the economy.

“Iowa is a leader in wind generation, and I welcome the opportunity to expand
renewable energy in our great state,” said Iowa Governor Branstad. “It is
great to have an Iowa-based energy company placing the world’s largest onshore
order for wind turbines in a facility that has produced more than 9,000 blades
since the plant began operations in 2007. Together, these companies continue
to greatly benefit Iowa’s economy and demonstrate the state’s commitment to
renewable energy.”

The Order:

MidAmerican Energy’s order consists of 448 Siemens wind turbines for five
project sites which, together, will deliver 1,050 megawatts of additional wind
generation in Iowa by the end of 2015. Construction activity is underway at
each of the project sites.

Siemens Energy’s Fort Madison, Iowa, facility will manufacture all the blades,
while the nacelles and hubs will be assembled at the Siemens plant in
Hutchinson, Kansas. All projects will utilize Siemens’ 2.3-megawatt, G2
platform wind turbines and will be installed at MidAmerican Energy’s
500-megawatt Highland wind project in O’Brien County; 250-megawatt Lundgren
wind project in Webster County; 138.6-megawatt Wellsburg wind project in
Grundy County; and 117-megawatt Macksburg wind project located in Madison
County. The order also called for 19 wind turbines at the 44-megawatt Vienna
II wind project expansion in Marshall County, which is fully constructed and
delivering energy to Iowans. In addition to the wind turbines, the contract
also includes a service, maintenance and warranty agreement.

Once complete, the new wind projects will generate enough electricity to power
the equivalent of approximately 317,000 average Iowa households.

Siemens Fort Madison Wind Turbine Manufacturing Plant:

The Fort Madison, Iowa, plant was built seven years ago on the site of a
closed tractor-trailer manufacturing business, which, at its peak, had 250
employees. Since then, Siemens has invested more than $100 million to turn it
into an advanced manufacturing facility. The factory put out its first blade
in 2007, was expanded in 2008 and currently employs approximately 500 people.

Local Employment Impact:

MidAmerican Energy’s order supports more than 800 employees in Fort Madison,
Iowa, and Hutchinson, Kansas. Approximately 1,000 construction jobs will be
added to Iowa’s economy during the two-year construction period for the new
wind turbines, and approximately 40 new permanent jobs will be added when the
expansion is complete.

The Production Tax Credit (PTC):

This major order for 1,050 megawatts is evidence that the federal production
tax credit continues to boost new job growth and economic investment in the
U.S. while keeping electricity rates low and encouraging development of proven
renewable energy projects. The positive economic impact of these projects is
helping revive communities, states, and the U.S. as a whole. For example, the
growth of the wind industry has contributed to the growth in the wind service
industry, a source of new jobs. Siemens recently opened a new Wind Service
Training Center in Orlando, Florida, to serve all of the Americas and created
more than 50 jobs in the process.

“Extending the production tax credit is critical to giving the wind industry
the certainty needed to continue to make investments,” said Albenze. “These
projects demonstrate that wind power is a viable and sustainable part of the
U.S. energy mix. This industry has arrived. Let’s ensure it will thrive.”

Additional information and photos of Siemens’ Fort Madison, Iowa,
manufacturing facility can be found at:
http://inr.synapticdigital.com/siemens/FortMadisonWind/.

About Siemens Energy:

The Siemens Energy Sector is the world’s leading supplier of a broad spectrum
of products, services and solutions for power generation in thermal power
plants and using renewables, power transmission in grids and for the
extraction, processing and transport of oil and gas. In fiscal 2012 (ended
September 30), the Energy Sector had revenues of EUR27.5 billion and received
new orders totaling approximately EUR26.9 billion and posted a profit of
EUR2.2 billion. On September 30, 2012, the Energy Sector had a work force of
almost 86,000. Further information is available at: www.siemens.com/energy.

About MidAmerican Energy Company:

MidAmerican Energy, Iowa’s largest energy company, provides electric service
to 734,000 customers and natural gas service to 714,000 customers in Iowa,
Illinois, Nebraska and South Dakota. It is headquartered in Des Moines, Iowa.
Information about MidAmerican Energy is available on the company’s website and
its Twitter, Facebook and YouTube pages, which can be accessed via
www.midamericanenergy.com.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20131216005903/en/

Contact:

Siemens Corp.
Claire Hassett, 202-368-3854
claire.hassett@siemens.com
or
MidAmerican Energy
Julie White, 515-281-2785
jawhite@midamerican.com
 
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