in

Siemens Government Technologies Wins $55M to Build Texas Wind Farm; Steve Erhart Comments

Siemens Government Technologies Wins $55M to Build Texas Wind Farm; Steve Erhart Comments - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

SiemensSiemens Government Technologies has won a $55 million contract from the National Nuclear Security Administration to build a five-turbine wind farm at Pantex Plant, according to a Amarillo Globe-News article.

“The NNSA“™s goal was to turn Texas wind into energy, and we have overcome numerous hurdles in implementing the contracting strategy,“ said Steve Erhart, manager of NNSA“™s production office.

Siemens will operate the turn-key wind farm system for 20 years with an annual energy production guarantee on 1,500 acres of land.

The contract includes a five-year service, maintenance and warranty agreement with operating and maintenance options from years six through 10.

According to NNSA officials, the government will pay Siemens directly from the value of the guaranteed energy savings generated by the farm.

NNSA officials said the wind farm is expected to produce about 45 million kilowatt-hours of electricity or more than 60 percent of Pantex“™s annual energy needs, saving taxpayers an average $2.9 million yearly over the contract“™s 20-year term.

Work is expected to begin in December and to be completed by March 2014, the article said.

NNSA officials added that the wind farm will also provide research opportunities for Texas Tech University, under a project financed by an unidentified third party.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Technology

mm

Written by David J. Barton

Raytheon Building F-35 Bomb; Harry Schulte Comments - top government contractors - best government contracting event
Raytheon Building F-35 Bomb; Harry Schulte Comments
KippsDeSanto: CRGT's Guident Buy Shows Private Equity Activity In Govt Market - top government contractors - best government contracting event
KippsDeSanto: CRGT’s Guident Buy Shows Private Equity Activity In Govt Market