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Siemens Energy sells 65% stake in Russia-based gas turbine JV to local state firm · Endata

◂ Announcements

Oct 14, 2022ACQUISITIONRussia, Russia

Siemens Energy sells 65% stake in Russia-based gas turbine JV to local state firm

Siemens Energy sold a 65% stake in a Russia-based gas turbine joint venture to a local state firm.

Status

Completed

Productsgas turbines

CompaniesSiemens Energy Power Machines partner InterRAO acquirer

Sectors#Power Generation Equipment

“Siemens Energy has sold a 65% stake in a Russia-based gas turbine JV to a local state firm.”reuters.com

2 sources
reuters.comSiemens Energy sells Russia-based gas turbine JV to local state firm | ReutersOct 14, 2022
financialpost.comSiemens Energy sells Russia-based gas turbine JV to local state firm | Financial PostReutersOct 14, 2022

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

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