Siemens Wins $830 Million Deal to Supply U.K. Offshore Wind Farm

Siemens AG, among the biggest wind-turbine makers, won an order from Statoil ASA (STL) and Statkraft AS to supply their 402-megawatt wind farm project off England.

Siemens will install 67 of its 6-megawatt direct-drive machines at the Dudgeon Offshore Wind Farm starting in 2017, the Munich-based company said today in an e-mailed statement. The deal, which also includes a five-year service contract, is worth about 500 million pounds ($830 million), it said.

The 1.5 billion-pound Dudgeon project, 70 percent-owned by Statoil with the remainder held by Statkraft, is about 20 miles (32 kilometers) off the coast of the seaside town of Cromer in north Norfolk, eastern England. The farm, once completed, will provide enough electricity for about 410,000 U.K. households, Siemens said.

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