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Salzgitter AG: Salzgitter Group's Berg participations secure two major pipeline orders
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Salzgitter AG: Salzgitter Group's Berg participations secure two major
pipeline orders
13.11.2014 / 10:00
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The Salzgitter Group participations Berg Steel Pipe Corp. and Berg Spiral
Pipe Corp., both located in the United States, have been awarded two major
contracts to manufacture pipes for new natural gas infrastructure that will
serve the southeastern United States.
The two companies in Panama City and Mobile are subsidiaries of EUROPIPE
GmbH, Mülheim, Germany, a joint venture of Salzgitter AG and AG der
Dillinger Hüttenwerke.
Berg was selected to provide approximately 625 miles of 30-inch and 36-inch
steel pipe (346.000 tons) to the Sabal Trail Transmission and Florida
Southeast Connection natural gas pipeline projects. As demand continues to
grow, the pipeline projects will increase the Southeast region's access to
clean, domestic natural gas in the years ahead.
Subject to regulatory approval, Sabal Trail Transmission and Florida
Southeast Connection will expand the natural gas infrastructure and supply
to meet the Southeastern U.S.'s growing natural gas needs in 2017. A joint
venture of affiliates of Spectra Energy Partners, LLC and NextEra Energy,
Inc., Sabal Trail Transmission, LLC is a new interstate natural gas
pipeline that will originate in southwestern Alabama and transport natural
gas to Georgia and Florida, terminating at a new Central Florida Hub south
of Orlando, Fla. A wholly owned subsidiary of NextEra Energy, Inc., Florida
Southeast Connection will transport gas from Sabal Trail's Central Florida
Hub to Florida Power & Light Company's Martin Clean Energy Center in
Indiantown, Fla.
Contact:
Markus Heidler
Head of Investor Relations
Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail ir@salzgitter-ag.de
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13.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: info@salzgitter-ag.de
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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296912 13.11.2014
The Salzgitter Group participations Berg Steel Pipe Corp. and Berg Spiral
Pipe Corp., both located in the United States, have been awarded two major
contracts to manufacture pipes for new natural gas infrastructure that will
serve the southeastern United States.
The two companies in Panama City and Mobile are subsidiaries of EUROPIPE
GmbH, Mülheim, Germany, a joint venture of Salzgitter AG and AG der
Dillinger Hüttenwerke.
Berg was selected to provide approximately 625 miles of 30-inch and 36-inch
steel pipe (346.000 tons) to the Sabal Trail Transmission and Florida
Southeast Connection natural gas pipeline projects. As demand continues to
grow, the pipeline projects will increase the Southeast region's access to
clean, domestic natural gas in the years ahead.
Subject to regulatory approval, Sabal Trail Transmission and Florida
Southeast Connection will expand the natural gas infrastructure and supply
to meet the Southeastern U.S.'s growing natural gas needs in 2017. A joint
venture of affiliates of Spectra Energy Partners, LLC and NextEra Energy,
Inc., Sabal Trail Transmission, LLC is a new interstate natural gas
pipeline that will originate in southwestern Alabama and transport natural
gas to Georgia and Florida, terminating at a new Central Florida Hub south
of Orlando, Fla. A wholly owned subsidiary of NextEra Energy, Inc., Florida
Southeast Connection will transport gas from Sabal Trail's Central Florida
Hub to Florida Power & Light Company's Martin Clean Energy Center in
Indiantown, Fla.
Contact:
Markus Heidler
Head of Investor Relations
Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Phone +49 5341 21-6105
Fax +49 5341 21-2570
E-Mail ir@salzgitter-ag.de
---------------------------------------------------------------------
13.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter
Germany
Phone: +49 5341 21-01
Fax: +49 5341 21-2727
E-mail: info@salzgitter-ag.de
Internet: www.salzgitter-ag.de
ISIN: DE0006202005
WKN: 620200
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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296912 13.11.2014
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