Siemens Energy seeks majority stake sale in steam turbine unit

Siemens Energy has enlisted Goldman Sachs to seek offers for a majority stake in its steam turbine and compressor business (Transformation of Industry division), which could be valued at over €10 billion.

“The sale could value the business at more than €10 billion, equivalent to roughly $11.7 billion.”turbomachinerynews.com

• 2 sources
• turbomachinerynews.comSiemens Energy Enlists Goldman Sachs for Blockbuster Steam Turbine Unit Stake SaleTMN StaffAug 27, 2026
• turbomachinerynews.comSiemens Energy Moves to Sell $11.7 Billion Steam Turbine PowerhouseSara GraingerSep 16, 2026

Summarized from public sources; check the original articles before acting on it.