Siemens Energy bags $16bn in guarantees from German government, banks and former parent company

Berlin justifies the indirect state aid by saying the electrolyser and turbine maker is important for Germany's energy transition

Siemens Energy CEO Christian Bruch.
Siemens Energy CEO Christian Bruch.Foto: Siemens Energy
Published 15 November 2023, 15:22Updated 16 November 2023, 21:14