Siemens Energy – Still in the valley of tears

Expected (e) wind power additions per year worldwide until 2030 , © Wood Mackenzie, Global Wind Power Market Update: Q4 2021
© Wood Mackenzie, Global Wind Power Market Update: Q4 2021

Siemens subsidiary Gamesa still doesn’t seem to be out of the woods, looking at the strong loss (minus 627 million EUR) that this company contributed to its parent (total minus of 560 million EUR). Onshore wind is considered a problem area combined with miscalculations and supply chain issues. For this reason, there is speculation that this subsidiary will be fully integrated or restructured via a share swap, which could be implemented in, among other things, a realignment or even a split-off. A partial merger with a competitor may also be possible. 

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