ABB Gets $40 Million Germany Substation Order
November 06 2018 - 5:43AM
Dow Jones News
By Nathan Allen
ABB Ltd. (ABBN.EB) said late Monday that it received a $40
million order from German grid operator TransnetBW to upgrade a
high-voltage substation in the Obermooweiler area of Germany's
Baden-Wuerttemberg state.
The Swiss industrial group said it will install a 380-kilovolt
gas-insulated switchgear, which uses a more environmentally
friendly gas mixture than the industry standard.
ABB said the technology used in the substation will help Germany
meet its target of reducing greenhouse gas emissions by 40% by
2020.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
November 06, 2018 05:28 ET (10:28 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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