Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. SPIE SA
  6. News
  7. Summary
    SPIE   FR0012757854

SPIE SA

(SPIE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

SPIE : sets up a high-voltage transfer station with new gas insulated 110 kV switch gear on behalf of Stadtwerke Rostock Netzgesellschaft mbH

10/14/2021 | 05:32am EST

SPIE sets up a high-voltage transfer station with new gas insulated 110 kV switch gear on behalf of Stadtwerke Rostock Netzgesellschaft mbH

Rostock, 14 October 2021 - SPIE, the independent European leader in multi-technical services in the areas of energy and communications, is implementing a new high-voltage transfer station (HV transfer station) with a gas-insulated 110 kV switch gear and all necessary auxiliary equipment on behalf of Stadtwerke Rostock Netzgesellschaft mbH (SWR NG). The work will be carried out in consortium with Beck Bauunternehmung GmbH & Co KG. The order encompasses everything from planning and commissioning to the handover of the new installations to Stadtwerke Rostock Netzgesellschaft mbH. SPIE began the work in May 2021 and is expected to complete it by July 2022.

Comprehensive scope of services

SPIE Deutschland & Zentraleuropa is building a new high-voltage transfer station that will be connected to the existing Marienehe substation in order to provide Stadtwerke Rostock with a stable connection to the 110 kV grid.

In addition to establishing a functional building for the gas-insulated 110 kV switch gear, the scope of services also includes the planning and supply of the station control technology, the protective equipment and the communications technology. The contract also includes the installation and commissioning of the necessary auxiliary equipment such as the AC/DC system, protection and telecontrol system - including billing measurement - and the battery system. The new gas-insulated 110 kV switch gear is to be connected via the three existing 110 kV switch gear panels of the existing Marienehe substation.

"The new high-voltage transfer station will serve to connect an upcoming 20 MW power-to-heat power plant that can no longer be connected to the existing Marienehe substation due to technical and spatial constraints. In the future, the planned power plant will convert surplus electrical energy into heat and is thus an excellent example of combining the electricity and heat sectors", says Sebastian Kulla, project manager from the High Voltage operational division at SPIE Deutschland & Zentraleuropa. Implementing the new high‑voltage transfer station will strengthen the Rostock-Marienehe power station of Stadtwerke Rostock AG, providing it with a long-term secure and future-oriented supply of electricity and district heating.

Ambitious scheduling

SPIE won the project in May 2021, and installation and design of the high-voltage transfer station by contractor Beck Bauunternehmung GmbH & Co. KG began in the same month. Rapid planning as well as reliable execution are crucial for successful implementation. "As general contractor, we and our consortium partner are responsible for the complete implementation of the new high‑voltage transfer station - from planning to commissioning. The first step involved preparing the detailed planning for the high‑voltage transfer station - such as the complete primary and secondary planning. This included the planning of the high-voltage transfer station, as well as the positioning of the switch gear and the location of the cable tracks. We will then carry out the technical planning of the entire auxiliary equipment so that we can start implementation before the end of the year," explains Sebastian Kulla.

Trusting partnership

With this order, SPIE and Stadtwerke Rostock Netzgesellschaft are launching a forward-looking partnership. As a product-neutral and non-proprietary system integrator, the multi-technical service provider brings many years of experience to the energy market. With a high level of technical expertise in network expansion dedicated to the energy transition, SPIE is proving to be a partner with strong implementation skills. "We want to further expand our market leadership in technical competence, innovation and capacity for digitalisation together with our customers. We are particularly looking forward to the trusting cooperation with Stadtwerke Rostock Netzgesellschaft," emphasises Robert Schaetzke, head of the Schaltanlagenbau business unit in the High Voltage operational division. "We will contribute our extensive experience in the implementation of turnkey substations and are therefore very proud to have impressed our customer with our concept and our expertise," concludes Sebastian Kulla.

Disclaimer

SPIE SA published this content on 14 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2021 09:31:02 UTC.


ę Publicnow 2021
All news about SPIE SA
06:13aANALYST RECOMMENDATIONS : Best Buy, Beyond Meat, Booking, Merck, Pfizer...
11/29SPIE : awarded contract for mechanical, electrical and plumbing infrastructure for new bui..
PU
11/26ENCOUNTERS : David Grégoire, ecosystem creator
PU
11/25SPIE : to install Kork transformer station on behalf of TransnetBW
PU
11/25SPIE : takes over the renovation of the municipal offices in Albi
PU
11/24SPIE : wins the Fem'Energia award in the “Joint Application” category
PU
11/23GUIDED TOUR : data at the heart of Smart City
PU
11/23SPIE : to supply and install Air Circuit Breakers for Merseytravel
PU
11/23SPIE : Guillaume Lecerf appointed SPIE ICS Business Director for Île-de-France
PU
11/18SPIE : ICS, first digital services company to receive the "Responsible Digital" label
PU
More news
Analyst Recommendations on SPIE SA
More recommendations
Financials
Sales 2021 7 022 M 7 958 M 7 958 M
Net income 2021 179 M 203 M 203 M
Net Debt 2021 1 325 M 1 502 M 1 502 M
P/E ratio 2021 19,4x
Yield 2021 2,75%
Capitalization 3 549 M 3 999 M 4 022 M
EV / Sales 2021 0,69x
EV / Sales 2022 0,63x
Nbr of Employees 45 851
Free-Float 84,6%
Chart SPIE SA
Duration : Period :
SPIE SA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SPIE SA
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 22,16 €
Average target price 26,16 €
Spread / Average Target 18,1%
EPS Revisions
Managers and Directors
Gauthier Louette Chairman & Chief Executive Officer
Michel Delville Director-Finance & Administrative
Peter James Mason Senior Independent Director
Regine Stachelhaus Independent Director
Bertrand Finet Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SPIE SA24.42%3 999
VINCI3.44%54 124
LARSEN & TOUBRO LIMITED37.28%33 060
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED-6.64%30 472
FERROVIAL, S.A.11.06%20 861
CHINA RAILWAY GROUP LIMITED0.95%18 978