SIEMENS S.A. (Nicaragua)

Siemens won several service contracts from its key customers. These included a three-year maintenance program from the Federal Electricity Commission, Mexico’s state-owned electricity company, a six-year long-term maintenance program (LTP) for the Saltillo power plant from Mitsui, a diversified business group headquartered in Japan and a framework contract from Pemex, Mexico’s national hydrocarbons company, to overhaul, refurbish, install and commission 15 power turbines. The Energy Sector also provided six gas turbines and three vapor turbines to the Jamaica Public Service Company (JPS), the sole distributor of electricity in Jamaica. The Sector is also investing in the expansion of the turbine service center in Queretaro in Central Mexico, and is scheduled to start servicing gas generators, power turbines, gearboxes and electrical generators in February 2014.