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Company Response

10 Aug 2016

Author:
Siemens

Siemens Response

…SIEMENS always acts in accordance with national and international laws and regulations and supports initiatives, that contribute to the reduction of environmental as well as social impacts of such projects. With regard to the Tapajos hydroelectric plant the situation currently...Brazilian authorities have suspended the approval process for the project...For this reason we cannot comment on any possible participation at this stage…The assessment of such projects and decisions for or against them are questions that lie within the national sovereignty of Brazil...Siemens holds a minority stake in Voith-Hydro...[T]he decision about submitting a bid will be made by Voith-Hydro and not by Siemens...The São Luiz do Tapajós hydroelectric plant could make a significant contribution toward the use of clean energy...In the event of participation, Siemens would serve as a provider of products and solutions that help minimize environmental impact and increase the supply of clean energy in Brazil...SIEMENS is talking with Greenpeace and other stakeholders...[W]e strive to help secure a sustainable, reliable and affordable supply of power for the people of Brazil...

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