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Siemens Energy AG is a German publicly traded energy technology company headquartered at Otto-Hahn-Ring 6, 81739 Munich, Bavaria, Germany. Formed in April 2020 as a spin-off from Siemens AG, it encompasses power generation, transmission technologies (including HVDC, transformers, turbines), and renewable energy services through its subsidiary Siemens Gamesa. With €34.5 billion in revenue and approximately 102,000 employees (2024/25), Siemens Energy provides critical infrastructure for industrial decarbonization and grid resilience globally. In 2025, it completed an €11 billion government-backed funding facility replacement, enabling the company to restore financial stability and planning dividends from 2026 onwards. It has also announced a €220 million expansion of its transformer plant in Nuremberg—adding 350 jobs and boosting capacity by approximately 50%.
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