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Last $15.40 USD
Change Today -0.2281 / -1.46%
Volume 30.7K
As of 10:33 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

schneider elect se-unsp adr (SBGSY) Key Developments

Schneider Electric to Build Timna Airport Electric Infrastructure

Schneider Electric announced that it will supply the energy system for Timna Airport near Eilat. The deal is estimated in the tens of millions of shekels, including all of the high-tension electrical systems. The total cost of building the airport is estimated at ILS 1.7 billion. Schneider will also supply the energy command and control system. YSB Group subsidiary Menolead Herut Systems is currently building the infrastructure for the systems at the Timna International Airport. A 3,100 sq.m. runway for takeoffs and landings is planned for the airport, as well as operational and support areas and a 28,000 sq.m. terminal capable of handling 1.8 passengers a year. Construction of the project is scheduled for completion in late 2016, and operation is slated to commence by mid-2017.

Foreign Bidders Reportedly Mull Acquisition Of Aveva

General Electric Company (NYSE:GE), Emerson Electric Co. (NYSE:EMR) and Schneider Electric SE (ENXTPA:SU) are reportedly considering bids for Aveva Group plc (LSE:AVV). Aveva is likely to fall into the hands of an overseas suitor as Schneider Electric, GE, and Emerson weigh approaches for Aveva, senior city sources said.

Mirion Technologies Selects Schneider Electric Historian Solution as Information Management System for AEP Radiation Monitoring System Upgrade

Mirion Technologies has contracted with Schneider Electric to use its Wonderware eDNA historian software as the information management system for the Radiation Monitoring System (RMS) upgrade at AEP's D.C. Cook nuclear power plant. The eDNA RadServ solution interfaces directly with Mirion's radiation monitors being installed at the plant and is used to notify operators when radiation levels reach predefined thresholds. As part of the contract, Wonderware eDNA display screens are being created for real-time visualization of data for each radiation monitor and detector at the plant. The screens highlight radiation levels and the status of the monitor and its corresponding detectors whether normal, maintenance, or alarm in addition to other user-defined variables. The software includes the ability to generate standard radiation monitoring reports that include both real-time and historical data, such as source check, channel checks and system performance audits, in addition to custom reports. Wonderware eDNA's RadServ Radiation Monitoring System is a reliable solution for centralized monitoring and control of radiation field units. Overall, the Wonderware eDNA enterprise historian is equipment agnostic and is used in the power industry to collect, store, display, analyze and report on operational and asset health related information.

Ceyoka (Pvt) Ltd. Inks Landmark Distributor Agreement with Schneider Electric

Ceyoka (Pvt.) Ltd. announced that it had entered into a landmark distributor agreement with Schneider Electric for its lighting control products. This groundbreaking agreement enhances Ceyoka's market offering as a one-stop comprehensive and dynamic solution provider of both professional lighting and lighting control products for installations across residential, hospitality, commercial and industrial sectors. Confirming its stature in the professional lighting space, Ceyoka Engineering secured its first contract recently. Sri Lanka's leading general contractor, International Construction Consortium (Pvt.) Ltd. awarded Ceyoka Engineering an impressive contract to supply and install Schinider Electric's Room Control System for their proposed luxury boutique hotel under construction in Yala. Through its new lighting portfolio, Ceyoka can provide controlled and efficient lighting solutions using intelligent designs and innovative technologies. Paramount is the ability to reduce energy consumption and operating costs. Ceyoka now offers Schneider's C-Bus control systems. Renowned as one of the most comprehensive energy-saving systems in the lighting automation industry, the C-Bus system helps to reduce lighting energy up to 50% by automatically switching off lights when rooms are not occupied or by reducing the amount of artificial light when natural daylight is available. Adding a suitable lighting control system to the existing building infrastructure is another solution offered by Ceyoka. Through Schneider's retrofit systems, intelligent lighting control components can be installed seamlessly to the existing lighting installation. Ideal for residential purposes, home owners can now enjoy lighting control systems with minimum interruption, controlling energy consumption.

Schneider Electric SE Approves Dividend, Payable on May 5, 2015

Schneider Electric SE announced that its shareholders have approved payment of dividend of €1.92 per share payable on May 5, 2015, at the annual meeting held on April 21, 2015.


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