ST Engineering and Siemens Energy Awarded Contract For Second Floating Power Plant in Dominican Republic

Reuters10-17

ST Engineering and Siemens Energy awarded contract for second floating power plant in Dominican Republic

ST Engineering's Marine business and Siemens Energy have secured a contract from Transcontinental Capital Corporation (Bermuda) Ltd., a subsidiary of Seaboard Corporation, to deliver a second floating power plant, Estrella del Mar IV, to Santo Domingo, Dominican Republic. Under the agreement, ST Engineering will handle the engineering design, procurement, construction, transportation, and installation of the barge-mounted power plant. Siemens Energy will provide a 145-megawatt combined cycle power plant featuring two SGT-800 gas turbines, one SST-600 steam turbine, and an advanced lithium-ion battery storage system. The project aims to offer a cost-effective and efficient alternative to land-based power facilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ST - Singapore Technologies Engineering Ltd. published the original content used to generate this news brief on October 17, 2025, and is solely responsible for the information contained therein.

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