By Giulia Petroni

Siemens Energy AG said Tuesday that it signed a contract to supply technology and long-term service for Cyfield Group's 260-megawatt gas-fired combined-cycle power plant in Cyprus.

The German energy company said the agreement includes three SGT-800 gas turbines, three SGen5-100A generators and a 20-year service and maintenance agreement.

The Mari plant is expected to be operational in 2023, in line with the arrival of liquefied natural gas on the island as the LNG terminal is currently under construction, according to Siemens Energy.

"Until now the island grid of Cyprus is almost completely served by heavy fuel oil fired boilers," the company said. "The switch to natural gas is also the key lever to reduce harmful sulphur oxide and to keep particle emissions to a minimum."

The financial terms of the deal weren't disclosed.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

03-09-21 0513ET