aero-derivative gas turbines

Siemens has moved to expand its oil and gas and decentralized power generation portfolio by agreeing to acquire Rolls-Royce Energy‘s gas turbine and compressor business for $1.3 billion. The companies intend to complete the deal by December and the transaction includes Rolls-Royce’s 2,500 aero-derivative gas turbines, which generated estimated revenues of $1.5 billion in Rolls-Royce’s 2013 fiscal year, Siemens said Tuesday. Rolls-Royce built […] More