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Business Developments

  • Jan 18, 2014

    Siemens and Iberdrola Plan Strategic Smart Grid Alliance for the Middle East

    The Smart Grid Division of Siemens and the Spanish utility Iberdrola intend to join forces in business with smart infrastructure for energy and water in the Middle East. For this purpose, the two parties have signed a memorandum of understanding stating that the parties intend to negotiate a contract for a strategic alliance. As part of this alliance, the partners plan to develop smart grid technologies for Qatar and the entire Middle East....More

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