Siemens Project Ventures GmbH

Advanced Power and Siemens Project Ventures GmbH (SPV) have a strategic relationship. SPV supports Advanced Power’s development efforts and participates as a partner and as an investor in those developments. SPV is a wholly-owned subsidiary of Siemens Financial Services GmbH, in turn a wholly-owned subsidiary of Siemens AG. Siemens AG was founded in 1847 and is one of the world’s leading companies in the field of electrical engineering and electronics. SPV currently holds a number of international power generation projects with investment stakes varying from 10% to 50%. To find out more about SPV’s project portfolio, go to www.siemens.com/project-ventures.