Siemens Energy Posts Record Profit Driven By Data Center Boom
Energynewsmagazine reported record highs in incoming orders, revenue, and profitability for the third quarter of fiscal 2025/26, driven by soaring global electricity demand and data center expansion. The company posted a net profit of 1.2 billion euros, while its wind turbine subsidiary Siemens Gamesa turned a quarterly profit for the first time since 2022. The … Read more