Siemens Energy will receive a 7.5 billion euro guarantee from the federal government alone

“The group has a problem that arose from the takeover of the Spanish company Gamesa, faulty wind turbines, which in turn has put the group, which is otherwise in great health and has full order books, into difficulties,” said Economics Minister Robert Habeck (Greens). ) in Berlin. A solution had to be found for this imbalance. In particular, the problems at the wind power subsidiary Gamesa caused the company a loss of around 4.5 billion euros in the past 2022/23 financial year (at the end of September). “We are pleased about the federal government’s clear support for Siemens Energy and the associated commitment to the rapid implementation of the projects to ensure the success of the energy transition,” said the company.

The post first appeared on www.wiwo.de

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