Siemens Energy AG is an energy technology group based in Munich that builds equipment for power generation, power transmission and industrial processes, and owns the wind turbine manufacturer Siemens Gamesa Renewable Energy. The company states that it employs around 105,000 people in more than 90 countries, and that an estimated one sixth of the electricity generated worldwide is produced with its technologies.
Four business areas and their product lines
The group is organised into Gas Services, Grid Technologies, Transformation of Industry and Siemens Gamesa. Gas Services covers gas turbines, steam turbines and generators for power plants and industrial sites, with associated service programmes. Grid Technologies supplies circuit breakers, disconnectors and earthing switches, gas-insulated switchgear, high-voltage direct current transmission, flexible AC transmission systems, high-voltage substations, offshore grid connections, transformers, surge arresters, overhead line equipment, grid automation and rotating grid stabilisers. Transformation of Industry contains compressors, hydrogen electrolysers, energy storage, subsea equipment and the Omnivise control and electrical systems, while Siemens Gamesa builds onshore and offshore wind turbines. Across the portfolio the group sells installation and commissioning, modernisation, digital services, repair and maintenance, spare parts and training.
Equipment and projects in oil, gas and LNG
Siemens Energy lists oil and gas among its industry solutions alongside power generation, power transmission, renewables, metals and mining, marine and data centres. Its compression business supplies machinery for LNG liquefaction, gas transport and refinery duty, and it also provides electrification packages for offshore platforms. Reported work includes a limited notice to proceed from Delfin Midstream for long-lead equipment on a second floating LNG vessel, covering four SGT-750 gas turbines and mixed-refrigerant compressors, and a compressor configuration for ADNOC's Ruwais eLNG project using a double-end drive arrangement chosen to match real operating profiles. On 14 September 2026 Technip Energies launched SnapLNG 1.5, a modular electrified LNG concept developed with Honeywell Technologies and Siemens Energy. The company's use-case pages also cover carbon capture, utilisation and storage, coal-to-gas conversion, power-to-x, low-carbon industrial heat and sustainable gas turbine fuels.
Hydrogen and grid expansion
In electrolysis the group supplies PEM systems under its hydrogen solutions line. Final electrolyser stack groups for the 100 megawatt Hamburg Green Hydrogen Hub reached the site in August 2026; the plant is designed to produce around 10,000 tonnes of green hydrogen a year for the HH-WIN network and trailer loading. A 280 megawatt electrolysis system with a ten-year service contract has been agreed for an EWE hydrogen plant planned for 2027 with capacity of 26,000 tonnes. In North America the company is expanding its Charlotte, North Carolina site, where it has operated since 1969, to include large power transformer manufacturing and to restart gas turbine production after a six-year pause, as part of a USD 421 million investment across the state that is expected to create 500 jobs, alongside component production and research in Raleigh.
Results, order backlog and listing
For the third quarter of fiscal 2026, ended 30 June 2026 and reported on 5 August 2026, Siemens Energy booked record orders of EUR 17.9 billion and record revenue of EUR 11.4 billion, a book-to-bill ratio of 1.57 and an order backlog of EUR 162 billion. Profit before special items more than tripled year on year to EUR 1.6 billion, a group margin of 14.2 percent, and Siemens Gamesa returned a positive quarterly result; the company said demand was strongest in the United States. In fiscal 2025, which ended on 30 September 2025, the order backlog reached EUR 138 billion, with double-digit revenue growth and a 500 basis point margin improvement, and in the fourth quarter alone revenue was EUR 10.4 billion with profit before special items of EUR 471 million. Management targets comparable revenue growth in the low teens per year to fiscal 2028 and a profit margin before special items of 14 to 16 percent in that year. The shares have traded on the Frankfurt Stock Exchange under the ticker ENR since the company's 2020 spin-off from Siemens AG, and the stated dividend policy is to distribute 40 to 60 percent of group profit after tax.
Contact
General enquiries can be sent to [email protected], the address published on the corporate contact page, which also lists [email protected] for shareholder matters and country-specific addresses for regional sales and service units. Press releases, capital market publications and ad hoc disclosures are issued from Munich and published through the investor relations section of the corporate website.