Siemens will build a new single-shaft combined cycle power plant as a turnkey project in Landivisiau in western France. Rated at 475 MW net plant output with 59.7% combined cycle efficiency, the power plant will help to reliably cover Brittany’s growing demand for electricity.
Plant is designed around a 329 MW Siemens SGT5-4000F gas turbine generator, heat recovery steam generator and SST5-3000 steam turbine generator with an SPPA-T3000 control system. Turnkey scope of supply includes equipment and construction.
The order is valued at approximately €450 million ($493 million USD). Siemens Financial Services (SFS), the financing arm of Siemens, held an equity stake in the project, ensuring stability during the entire development phase.
The order for the new power plant was placed by the special-purpose company Compagnie Electrique de Bretagne, which is now owned by the French gas and energy provider Total Direct Énergie (TDE), a subsidiary of Total S.A.
Siemens held a 40% share in the special-purpose company during the seven-year project development phase. When the agreement went into force, SFS sold its holding to TDE as planned, because the latter wants to expand its share of the power generation market in France.
Commissioning of the power plant is scheduled for the second half of 2021. The company will also operate and maintain the plant for 20 years, including the provision of remote diagnostics part of the company’s Omnivise Digital Service portfolio.