Siemens Energy plans to sell most of its Industrial Transformation division to focus on gas turbines and grid equipment for AI data centers. The unit, serving chemical and oil sectors with turbines an
Siemens Energy reported record third-quarter sales driven by gas turbine demand from US AI data centers and Middle East power projects, with profit tripling to €1.62 billion amid a global electrificat
Siemens Energy CEO Christian Bruch forecasts sustained demand for gas turbines and grid technology driven by global electrification and data center growth. The company reported a record order backlog
Siemens Energy is evaluating a spin-off of its "Transformation of Industry" division, which manufactures industrial compressors and steam turbines, aiming to increase shareholder value and potentially
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