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Siemens Energy

Grid & Energy Solutions · siemens-energy.com · Munich, Germany
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AT A GLANCE

Siemens Energy is a German energy technology company headquartered in Munich, spun off from Siemens in 2020 and listed on the Frankfurt Stock Exchange as part of the DAX. It covers power generation, grid technology and wind power through Siemens Gamesa, supplying gas and steam turbines, transformers, HVDC, switchgear and grid stabilizers. It reported about €39.1 billion in revenue and 102,000 employees in 2025.

COMPILED FROM THE SOURCED FACTS BELOW

What Siemens Energy does

Siemens Energy helps companies and countries build resilient, affordable and lower-emission energy systems, from generation to transmission.

Source: siemens-energy.com, siemens-energy.com

Products

Gas and steam turbines, generators, transformers and high-voltage substations, HVDC and FACTS systems, gas-insulated switchgear, rotating grid stabilizers and Siemens Gamesa wind turbines, plus power plant and grid services.

Source: siemens-energy.com

Who it serves

Utilities, power plant operators, grid operators, industry and data centers.

Source: siemens-energy.com

Company

Formed from Siemens' former Gas and Power division, Siemens Energy began trading in Frankfurt on September 28, 2020. Siemens retained a 17% stake as of November 2024.

Source: en.wikipedia.org

Sustainability data

Siemens Energy's near-term targets are validated by the Science Based Targets initiative (checked October 16, 2026). For fiscal 2025 it reported under CSRD for the first time in its Annual Report.

Source: sciencebasedtargets.org, siemens-energy.com

Fit with grid and energy solutions

Siemens Energy suits utilities and large data center campuses that need grid connection, transmission and on-site generation equipment.

Key facts

Key facts about Siemens Energy, with source labels
FieldValueSource
HeadquartersMunich, GermanyPUBLIC SOURCE en.wikipedia.org
Founded2020PUBLIC SOURCE en.wikipedia.org
OwnershipPublic (FWB: ENR), DAX componentPUBLIC SOURCE en.wikipedia.org
Employees~102,000 (2025)PUBLIC SOURCE en.wikipedia.org
Revenue (published)€39.1B (2025)PUBLIC SOURCE en.wikipedia.org
Operations and regionsWorldwidePUBLIC SOURCE en.wikipedia.org
Customers and marketsUtilities, power plants, grid operators, industry, data centersPUBLIC SOURCE siemens-energy.com
TechnologiesGas and steam turbines, HVDC, transformers, gas-insulated switchgear, rotating grid stabilizers, wind turbinesPUBLIC SOURCE siemens-energy.com

Sustainability data

Only what the company or an official register publishes. Targets and commitments are labelled as such. No data means we found no public figure, not that none exists.

Sustainability disclosures of Siemens Energy, with source labels
FieldValueSource
SBTi target statusNear-term: Validated Targets (SBTi entity: Siemens Energy)PUBLIC SOURCE sciencebasedtargets.org

Products

  • Gas turbines and steam turbines
  • Transformers and HV substations
  • HVDC and FACTS
  • Gas-insulated switchgear
  • Siemens Gamesa wind turbines
PUBLIC SOURCE

Services

  • Power plant and grid services
PUBLIC SOURCE

FAQ about Siemens Energy

When was Siemens Energy spun off?

In 2020; its shares began trading on September 28, 2020. (en.wikipedia.org)

Does Siemens Energy own Siemens Gamesa?

Yes, fully. (en.wikipedia.org)

Does Siemens Energy have SBTi targets?

Yes, validated near-term targets. (sciencebasedtargets.org)

COMPANY WEBSITE from the company's own site   PUBLIC SOURCE from filings, Wikipedia or major press   SELF-REPORTED BY VENDOR submitted by the company   NO DATA nothing reliable found yet

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Unclaimed profile · sourced from public information (sources listed). Siemens Energy has not claimed or reviewed it.

Sources

  1. siemens-energy.com/global/en/home.html
  2. siemens-energy.com/global/en/home/company.html
  3. en.wikipedia.org/wiki/Siemens_Energy
  4. sciencebasedtargets.org/target-dashboard
  5. siemens-energy.com/global/en/home/company/sustainability.html

Accessed Oct 24, 2026.

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