State of Berlin and Siemens Energy sign Memorandum of Understanding for joint location and structural concept
From left to right: Ramona Pop (Mayor and Senator of Berlin for Economy, Energy and Businesses), Maria Ferraro (CFO of Siemens Energy), Michael Müller (Governing Mayor of Berlin), Dr. Christian Bruch (CEO of Siemens Energy) and Joe Kaeser (Chairman of the Supervisory Board of Siemens Energy and CEO of Siemens AG). Copyright: Thomas Platow, Landesarchiv Berlin.
Dr. Christian Bruch, CEO of Siemens Energy, signing the MoU. In the background: Governing Mayor of Berlin, Michael Müller. Copyright: Thomas Platow, Landesarchiv Berlin.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs 91,000 people worldwide in more than 90 countries and generated revenue of around €29 billion in fiscal year 2019.
This communication is an advertisement for the purposes of the Prospectus Regulation EU 2017/1129 and underlying legislation. It is not a prospectus. The listing of the shares of Siemens Energy AG on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) will take place on the basis of an approved prospectus. The prospectus has been approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – "BaFin") in accordance with the Prospectus Regulation regime. However, the approval of the prospectus by BaFin should not be understood as an endorsement of the shares of Siemens Energy AG. Investors should purchase shares solely on the basis of the prospectus relating to the shares and should read the prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the shares. Copies of the prospectus are available free of charge from Siemens Energy AG, Otto-Hahn-Ring 6, 81739 Munich, Germany, or on Siemens Energy AG’s website (