▁responsible ▁for ▁construct ing ▁all ▁ 1 7 ▁of ▁Germany ' s ▁existing ▁nuclear ▁power ▁plants , ▁announced ▁that ▁it ▁would ▁exit ▁the ▁nuclear ▁sector ▁following ▁the ▁F uk ush ima ▁dis aster ▁and ▁the ▁subsequent ▁changes ▁to ▁German ▁energy ▁policy . ▁Chief ▁executive ▁Peter ▁Lö scher ▁has ▁supported ▁the ▁German ▁government ' s ▁planned ▁Ener g iew ende , ▁its ▁transition ▁to ▁renew able ▁energy ▁techn ologies , ▁calling ▁it ▁a ▁" project ▁of ▁the ▁century " ▁and ▁saying ▁Berlin ' s ▁target ▁of ▁reaching ▁ 3 5 % ▁renew able ▁energy ▁sources ▁by ▁ 2 0 2 0 ▁was ▁feas ible . ▁ ▁In ▁November ▁ 2 0 1 2 , ▁S iem ens ▁acquired ▁the ▁Rail ▁division ▁of ▁In vens ys ▁for ▁£ 1 . 7 ▁billion . ▁In ▁the ▁same ▁month , ▁S iem ens ▁acquired ▁a ▁priv ately ▁held ▁company , ▁L MS ▁International ▁N V . ▁ ▁In ▁August ▁ 2 0 1 3 , ▁N ok ia ▁acquired ▁ 1 0 0 % ▁of ▁the ▁company ▁N ok ia ▁S iem ens ▁Network s , ▁with ▁a ▁buy - out ▁of ▁S iem ens ▁AG , ▁ending ▁S iem ens ▁role ▁in ▁tele communic ation . ▁ ▁In ▁August ▁ 2 0 1 3 , ▁S iem ens ▁won ▁a ▁$ 9 6 6 . 8 ▁million ▁order ▁for ▁power ▁plant ▁components ▁from ▁oil ▁firm ▁Sa udi ▁Ar am co , ▁the ▁largest ▁bid ▁it ▁has ▁ever ▁received ▁from ▁the ▁Sa udi ▁company . ▁ ▁In