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Government guarantees incur around $547 million in fees for Siemens Energy - sources

Siemens Energy may have to pay around 500 million euros in fees over the next three years for 7.5 billion euros in state-backed project guarantees it secured last month, according to two people.
-December 14, 2023 at 07:48 am EST
- MarketScreener ....

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Siemens Energy unveils massive loss | Borneo Bulletin Online

FRANKFURT (AFP) – Siemens Energy reported a EUR4.59-billion (USD5-billion) annual loss on Wednesday, dragged down by a crisis in its wind power unit, a day after a government-backed rescue package was unveiled for the German group. The huge loss in the 2022-2023 financial year for the company, whose operations range from building wind turbines to […] ....

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Siemens Energy Drops on Reports of Federal Guarantee Talks

Siemens Energy Drops on Reports of Federal Guarantee Talks
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Siemens Energy seeks state help as wind unit crisis deepens

Siemens Energy seeks state help as wind unit crisis deepens
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Aramco, Siemens Energy launch direct air-capture project

Experts say that direct air-capture technology is too expensive and cannot be adequately scaled to remove the necessary amount of carbon from the atmosphere. ....

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