Siemens Energy to invest $2.3 billion in power grid factories by 2028

Siemens Energy plans to invest 2 billion euros ($2.3 billion) in its global network of transformer and switchgear factories by 2028.

“Siemens Energy plans to invest 2 billion euros ($2.3 billion) in its global network of transformer and switchgear factories by 2028.”reuters.com

• 1 source
• reuters.comSiemens Energy to invest $2.3 billion in power grid factories by 2028 | ReutersNov 20, 2025

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