Midnight MarketsV1.0
⚠ Not financial adviceNot financial advice. Independent research, not investment recommendations. The author and website make no representation as to accuracy or completeness. Do your own due diligence before acting on anything you read here. Read the full disclaimer →
The Power Grid — Power, Cooling & Construction · AI Chain

SMNEY

Siemens Energy (ADR)
loading…
History0 bars

Third leg of the gas turbine triopoly

What they do

Siemens Energy is the third leg of the gas-turbine triopoly alongside GE Vernova and Mitsubishi. Almost doubled gas turbine sales (100→194 units) in fiscal 2025. 60% of 2025 gas turbine orders are tied to data centers. Partnered with Oklo on small-modular-reactor steam turbines. European ADR — liquidity is less than U.S. names. Wind subsidiary still bleeding cash, which is why the stock isn't up as much as GEV.