"Siemens signs energy deals with Iran's Mapna Group"

German industrial group Siemens (SIEGn.DE) signed an energy agreement with Iranian power and infrastructure group Mapna, it said on Wednesday, extending its early re-entry into the country after the lifting of sanctions.

Siemens was the first major German company to agree a deal with Iran this year, signing a memorandum of understanding to work on Iran's rail infrastructure worth up to 1.5 billion euros ($1.6 billion) in early January.

Mapna will acquire the technology to manufacture Siemens F-class gas turbines in Iran and the two parties will cooperate to deliver more than 20 gas turbines and associated generators over the next decade.

German industrial group Siemens (SIEGn.DE) signed an energy agreement with Iranian power and infrastructure group Mapna, it said on Wednesday, extending its early re-entry into the country after the lifting of sanctions.

Siemens was the first major German company to agree a deal with Iran this year, signing a memorandum of understanding to work on Iran's rail infrastructure worth up to 1.5 billion euros ($1.6 billion) in early January.

Mapna will acquire the technology to manufacture Siemens F-class gas turbines in Iran and the two parties will cooperate to deliver more than 20 gas turbines and associated generators over the next decade.