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SCC Power Plc acquired the business enterprise of Stoneway Capital Corporation, consisting of four power generation facilities in Argentina with 737 MW capacity, as part of a restructuring plan. The consideration included $527.9 million in secured notes.
Siemens received an order for four industrial power plants in Argentina, including six SGT-A65 TR and six SGT-800 gas turbines, with long-term service agreements. The total order is valued at $570 million.