Key Developments: Alstom SA (ALSO.PA)

ALSO.PA on Paris Stock Exchange

24 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Alstom SA to increase energy highways with 800 million euros of HVDC contracts
Monday, 25 Aug 2014 04:20am EDT 

Alstom SA:Announces that it has won three High Voltage Direct Current (HVDC) contracts with a total value of 800 million euros.Says that the HVDC projects will build energy highways for bulk power transmission in India.  Full Article

Alstom SA to supply equipment and maintenance package for Iberdrola's Monterrey III power plant
Monday, 28 Jul 2014 11:03am EDT 

Alstom SA:Announces that it has been awarded contracts worth around 335 million euros ($450 million) to supply a power island (KA24) for Iberdrola's Monterrey III combined-cycle power plant in Pesqueria, Nuevo Leon.Says the contracts also include a Long Term Service Agreement (LTSA) for new unit five and for the existing four units.The commissioning is scheduled in 2016.  Full Article

Britain files criminal charges against Alstom UK unit-Reuters
Wednesday, 23 Jul 2014 08:00pm EDT 

Alstom SA:Britain's Serious Fraud Office (SFO) has charged British subsidiary of Alstom with three offences of corruption and three offences of conspiracy to corrupt after five-year investigation-Reuters.Charges against Alstom Network UK relate to large transport projects in India, Poland and Tunisia carried out between June 2000 and Nov. 2006.SFO said it had begun its investigation after information provided by Office of Attorney General in Switzerland that concerned the Alstom Group, in particular Alstom Network UK.  Full Article

Alstom SA awarded $30 million contract by FirstEnergy
Wednesday, 23 Jul 2014 08:00pm EDT 

Alstom SA:Says it has been awarded contract worth about $30 million to supply new 300 MVAr, 230 kV Static VAR Compensator (SVC) system with long-term warranty for FirstEnergy Corporation’s Jersey Central Power & Light (JCP&L) unit.To design, manufacture, construct, install, test and commission new SVC, to be located in West Wharton, New Jersey.  Full Article

Alstom to supply 127 wind turbines to Renova Energia for Umburanas complex
Monday, 21 Jul 2014 10:16am EDT 

Alstom SA:Signs contract worth around 320 million euros with Renova Energia to deliver, erect and commission 127 wind turbines in Umburanas complex, located in Bahia State, Brazil.Wind turbines, composed of ECO 122, ECO 110 and ECO 100 models, will be delivered between Jan. 2017 and Jan. 2018.Umburanas wind complex will generate 355.5 MW.Contract worth around 320 million euros.  Full Article

Alstom wins contract to deliver six power transformers to Amprion
Tuesday, 15 Jul 2014 08:00pm EDT 

Alstom SA:Wins contract from transmission grid operator Amprion GmbH to deliver six large power transformers.Transformers, with rated power of 350 MVA / 400 kV and 600 MVA / 400 kV, to be manufactured in company Monchengladbach plant, and delivered by late 2015.Project is to modernize substations in Niederstedem, Urberach, Pfungstadt and Walsum in Germany.  Full Article

Alstom and NASL to renovate and modernize NTPC’s power plant in India
Monday, 14 Jul 2014 08:00pm EDT 

Alstom SA:Wins together with NASL contract worth about 13 million euros (1,074 mln Indian rupees) from NTPC for renovation and modernization of electrostatic precipitators (ESP) at four units of the 4 x 500 MW Talcher Super Thermal Power Plant in Odisha.Upgrade is to reduce particulate emissions from plant.Project scheduled to be commissioned in 2018.Scope of project includes engineering, supply, erection, commissioning and testing of new parallel passes installed for four ESPs, Dry Ash Handling system for new passes and associated civil, mechanical and electrical works.  Full Article

Alstom BrightSource and Noy Infrastructure & Energy Fund receive financing for solar power plant
Monday, 14 Jul 2014 08:00pm EDT 

Alstom SA:Says Megalim Solar Power Ltd (Megalim) - a special purpose company formed by Alstom (25.05 pct), BrightSource (25.05 pct), and NOY Infrastructure & Energy Investment Fund (49.9 pct) - obtained financing from European Investment Bank and Bank Hapoalim for Ashalim Thermal Solar Power Station in Israel.This follows signature of power purchase agreement between Megalim and Israel in Nov. 2013.Alstom’s share in contract is worth about 450 million euros.  Full Article

Alstom to participate Milan-Desio-Seregno suburban-tram modernization
Thursday, 10 Jul 2014 08:00pm EDT 

Alstom SA:Wins contract from Cooperativa Muratori e Cementisti (CMC) of Ravenna, Italian construction company, for supply of sub-systems to modernize Milan-Desio-Seregno suburban tram.40 mln euros contract includes design, supply and installation of tracks, electrical traction sub-stations, signaling and telecommunications system.14.3 kilometer-long line to enter into service by end of 2016.Alstom to limit inconvenience for local residents and passengers thanks to its use of Appitrack.Alstom to equip line with Hesop technology reversible sub-station enabling unused braking energy produced by trams to be re-injected into electricity distribution network.Alstom to also supply signaling system completed by ATS (automatic train supervision) system to guarantee complete safety and security of passengers and provide better control of traffic circulation for operator.Project to be managed by Alstom Guidonia site.  Full Article

Alstom joint venture ABC signs framework agreement for U.K. electrification programme
Thursday, 10 Jul 2014 08:00pm EDT 

Alstom SA:ABC Electrification Ltd, incorporated equal share joint venture comprising Alstom, Babcock and Costain, appointed by Network Rail (U.K.) as one of four suppliers to deliver 2.4 bln euros electrification programme.Programme to electrify more than 3,000 kilometers of Britain's railways over seven subsequent years.Framework agreement valued at about 1.1 bln euros over initial seven year term for ABC, with option to extend for further three years.ABC awarded two out of six areas within the programme.Alstom offer includes power supply (substations, autotransformers and switchgear), distribution installation, 25kV Overhead Line Equipment, SCADA and signaling design, installation management, testing and commissioning.  Full Article


Alstom seeks transport deals beyond GE signaling unit

BERLIN - (Story corrects Sept. 23 story in seventh paragraph that Siemens acquired Invensys Rail, not Invensys)

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