Siemens Energy AG
Other OTCCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Christian Bruch
- Full Time Employees
- 98,000
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- Otto-Hahn-Ring 6 Munich Germany 81739
- IPO Date
- Dec 14, 2020
- Website
- siemens-energy.com
- Similar Companies
- Business
- Siemens Energy AG (SMNEY) develops and manufactures energy technology products and solutions, including gas turbines, steam turbines, wind turbines through majority-owned Siemens Gamesa Renewable Energy, generators, transformers, compressors, electrolyzers; power transmission and distribution equipment such as switchgear, high-voltage direct-current systems, circuit breakers; and services for power plant operation, modernization, and grid infrastructure. The company operates across the energy value chain from generation and transmission to storage and supports the transition to sustainable energy systems for utilities, industrial customers, and governments worldwide, with principal activities in Europe, North America, Asia-Pacific, and emerging markets. Founded in 2020 as a spin-off from Siemens AG's Gas and Power division and headquartered in Munich, Germany, Siemens Energy employs over 100,000 people and maintains a majority stake in Siemens Gamesa. Recent developments include a 10-year power purchase agreement with EnBW for green electricity from the 40.8 MWp Frankenförde solar park starting 2026 to supply a quarter of its German sites' needs; a €220 million ($256 million) expansion of its Nuremberg transformer factory, adding 16,000 square meters and 50% capacity by 2028 while creating 350 jobs, supported by €20 million from the Bavarian government; replacement of an €11 billion German government-backed facility with a new €9 billion bank facility plus guarantees to underpin large-scale projects; acquisition of a joint venture interest in RWG from Wood Group; and fulfillment of all fiscal 2025 financial commitments with raised mid-term outlook amid record orders.
Iran war adds to AI boom as demand for gas turbines rises further, Siemens Energy says
5 Foreign Stocks That Could Beat The S&P 500
Here's why the Siemens Energy share price has surged after its bailout
Siemens Energy: Core Segments Performing Extremely Well, And Buybacks Accelerated
Siemens Energy accelerates share buyback after Q2 cash flow jumps
Critical Analysis: Siemens Energy (OTCMKTS:SMNEY) & Expand Energy (NASDAQ:EXE)
Siemens Energy raises outlook
Siemens Energy AG (SMNEY) Discusses Middle East Operational Impacts, Market Trends and Q2 Pre-Close Updates Prepared Remarks Transcript
Head-To-Head Contrast: Siemens Energy (OTCMKTS:SMNEY) & Montauk Renewables (NASDAQ:MNTK)
Siemens Energy should not 'squander' wind division, investor Deka says
6K Additive Signs Long-Term Supply Agreement with Siemens Energy Supporting Circularity in Nickel-Based Alloys
Critical Comparison: NextNRG (NASDAQ:NXXT) & Siemens Energy (OTCMKTS:SMNEY)
Siemens Energy AG (SMNEY) Q1 2026 Earnings Call Transcript
Siemens Energy Books Record Order Backlog, Driven by AI Data-Center Boom
Energy giant bets big on US, says its electricity market 'hottest' in the world
Siemens Energy investing $1B, creating highly skilled jobs in US
Siemens Energy CEO: wind spin-off idea valid, but turnaround comes first
Siemens Energy to spend $1 billion in 'hot' US power market
Siemens Energy Bets $1 Billion That A.I. Power Demand Will Last
Siemens Energy to Spend $1 Billion to Boost Manufacturing of Electrical-Grid Equipment