Siemens Energy
Siemens Energy (ENR.DE) is a publicly traded Transmission & Grid Hardware company founded in 2020 and based in Munich, Germany.
Siemens Energy was spun off from Siemens AG in 2020 and listed on the Frankfurt Stock Exchange in September 2020. Its parent company, Siemens Energy AG, is registered in Munich, Germany. It runs four business areas: Gas Services (gas and steam turbines, generators and controls), Grid Technologies (HVDC links, FACTS, transformers and switchgear), Transformation of Industry (compressors, industrial steam turbines and electrolyzers) and the wind business Siemens Gamesa. It earns revenue from multi-year equipment projects paired with long-term service agreements, and the service business carries higher margins. In fiscal 2025, which ended September 30, 2025, it reported revenue of €39.1 billion, orders of €58.9 billion and an order backlog of €138 billion, with about 101,000 employees on average. On July 14, 2026, it announced that Siemens Energy and Siemens Gamesa will move to a single new brand, Omterra, in stages starting later in 2026, because its time-limited license to the Siemens name runs to 2030.
Siemens Energy supplies gas turbines and high-voltage grid equipment to utilities, grid operators and data-center operators, a customer group its gas business is increasingly serving. Its gas-turbine backlog reached 69 GW on June 30, 2026, after 15 GW of orders in the April-June quarter, and lead times across the company run three years or more. Its Grid Technologies backlog stood at €51 billion on the same date, and it plans to expand transformer and gas-insulated switchgear capacity by about 50% by 2030.
At a glance
Total raised
Undisclosed
Headcount
10k+
Headquarters
Munich
GermanyFounded
2020
Status
Public
Subsector
Energy, ranked
Top 25 Energy companies →Funding history
Total raised
—
Rounds tracked
0
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.