Siemens Energy eyes US ‘sweet spot’ with Stargate AI boom

Data centre power grab should fuel big opportunities in the energy technology giant's gas turbine and grid businesses while US offshore wind accounts for only a fraction of its revenue, say bank's analysts

Siemens Energy chairman Joe Kaeser.
Siemens Energy chairman Joe Kaeser.Photo: SIEMENS ENERGY
Published 23 January 2025, 14:01Updated 23 January 2025, 14:21
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