Siemens Energy's (OTCPK:SMEGF) wind unit said Tuesday it was awarded a wind turbine contract worth more than £1B (~$1.29B) to supply the East Anglia TWO offshore wind farm of Iberdrola's (OTCPK:IBDSF) (OTCPK:IBDRY) Scottish Power unit.

Siemens Gamesa currently is out of the onshore wind turbine business in the US, and if it returns "it will be with a product update", the CEO of parent Siemens Energy said, while the company has to “wait and see” how the incoming administration of President-elect Donald Trump will play out.

Siemens Gamesa, the wind division of Siemens Energy , has won a turbine order worth more than 1 billion pounds ($1.3 billion) to supply the East Anglia TWO offshore wind farm of Iberdrola's ScottishPower,

The deal secured by the Hull facility is for the East Anglia TWO project off the Suffolk coast.

Siemens Gamesa, the wind division of Siemens Energy, has won a turbine order worth more than 1 billion pounds ($1.3 billion) to supply the East Anglia TWO offshore wind farm of Iberdrola's ScottishPower,