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Siemens to Supply 140 Turbines for Wind-Power Project in Ontario

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May 5 (Bloomberg) -- Siemens AG, Europe’s largest engineering company, agreed to supply 140 turbines for a wind farm in southwest Ontario.

The project in Goderich, about 225 kilometers (140 miles) west of Toronto, is owned by Samsung Electronics Co.’s renewables unit, Capital Power LP and Pattern Energy Group Inc., the Munich-based manufacturer said in a statement today on its website. Terms of the deal, which also includes a service agreement, weren’t disclosed.

The 270-megawatt K2 Wind Ontario project is expected to begin producing electricity in mid-2015 and will power about 100,000 homes, according to the statement.

Blades and towers for the turbines will be produced in Canada, and nacelles, the bus-sized units that house the machinery, will be assembled at a Siemens factory in Kansas.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Will Wade, Carlos Caminada

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