Siemens Gamesa takeover: Siemens Energy raises €1.25 billion

To finance the acquisition of Siemens Gamesa, Siemens Energy successfully raised more than €1.25 billion through the sale of new shares. This operation will enable the company to strengthen its position as a leader in energy transition and to increase its share capital by 10%.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

*renews at 199$/year, cancel anytime before renewal.

For the acquisition of Siemens Gamesa, Siemens Energy announced that it has raised €1.259 billion ($1.33 billion) through the sale of new shares. The purpose of this operation is to finance the acquisition of the entire wind turbine manufacturer Siemens Gamesa, which Siemens Energy did not yet own.

The context of the Siemens Gamesa takeover bid by Siemens Energy

Siemens Energy had launched a takeover bid for the remaining stake it did not yet own in Siemens Gamesa last November. The bid was prompted by several profit warnings in the Siemens Gamesa division, which had also become a problem for its parent company.

Successful fundraising for the acquisition of Siemens Gamesa

To help finance the €4.05 billion acquisition offer, Siemens Energy sold approximately 72.7 million new shares to institutional investors at a price of €17.32 each, a 5% discount to the previous day’s closing price. The deal was very well received by the markets, as Siemens Energy shares rose 1.8% after the share sale on Thursday.

Maria Ferraro, CFO of Siemens Energy, said she is very pleased that institutional investors have confidence in Siemens Energy’s strategy to become the leader in energy transition. It also pointed out that this capital increase was covered almost four times and that it was an important step in the refinancing of the cash takeover bid for Siemens Gamesa.

A Siemens Energy spokesman said BNP Paribas Energy Transition Fund subscribed for about 10% of the new shares, which translates to a 0.9% stake in Siemens Energy.

Siemens Energy’s main shareholder, Siemens, which had repeatedly ruled out investing more capital in Siemens Energy, has seen its direct stake diluted to 32% from 35%.

The coordinators of the Siemens Gamesa takeover operation

Citigroup and SocGen acted as joint global coordinators of the transaction, alongside the joint bookrunners UniCredit in cooperation with Kepler Cheuvreux and HSBC.

An increase in the share capital of Siemens Energy

Through this share sale, the share capital of Siemens Energy will be increased by 10% through the issue of new shares, which carry full dividend rights for the current fiscal year.

In conclusion, the successful sale of new Siemens Energy shares is expected to finance the acquisition of Siemens Gamesa and strengthen Siemens Energy’s leading position in the field of energy transition.

Fermi America has closed $350mn in financing led by Macquarie to accelerate the development of its HyperGrid™ energy campus, focused on artificial intelligence and high-performance data applications.
Soluna Holdings launched two energy projects in Texas, reaching one gigawatt of cumulative capacity for its data centres, marking a new stage in the development of computing infrastructure powered by renewable energy.
Eneco’s Supervisory Board has appointed Martijn Hagens as the next Chief Executive Officer. He will succeed interim CEO Kees Jan Rameau, effective from 1 March 2026.
With $28 billion in planned investments, hyperscaler expansion in Japan reshapes grid planning amid rising tensions between digital growth and infrastructure capacity.
The suspension of the Revolution Wind farm triggers a sharp decline in Ørsted’s stock, now trading at around 26 USD, increasing the financial stakes for the group amid a capital increase.
Hydro-Québec reports net income of C$2.3 billion in the first half of 2025, up more than 20%, driven by a harsh winter and an effective arbitrage strategy on external markets.
French group Air Liquide strengthens its presence in Asia with the acquisition of South Korean DIG Airgas, a key player in industrial gases, in a strategic €2.85 billion deal.
The Ministry of Economy has asked EDF to reconsider the majority sale agreement of its technology subsidiary Exaion to the American group Mara, amid concerns related to technological sovereignty.
IBM and NASA unveil an open-source model trained on high-resolution solar data to improve forecasting of solar phenomena that disrupt terrestrial and space-based technological infrastructures.
The Louisiana regulatory commission authorizes Entergy to launch major energy projects tied to Meta’s upcoming data center, with anticipated impacts across the regional power grid.
Westbridge Renewable Energy will implement a share consolidation on August 22, reducing the number of outstanding shares by four to optimize its financial market strategy.
T1 Energy secures a wafer supply contract, signs 437 MW in sales, and advances G2_Austin industrial deployment while maintaining EBITDA guidance despite second-quarter losses.
Masdar has allocated the entirety of its 2023–2024 green bond issuances to solar, wind, and storage energy projects, while expanding its financial framework to include green hydrogen and batteries.
Energiekontor launches a €15 million corporate bond at 5.5% over eight years, intended to finance wind and solar projects in Germany, the United Kingdom, France, and Portugal.
The 2025 EY study on 40 groups shows capex driven by mega-deals, oil reserves at 34.7 billion bbl, gas at 182 Tcf, and pre-tax profits declining amid moderate prices.
Australian fuel distributor Ampol reports a 23% drop in net profit, impacted by weak refining margins and operational disruptions, while surpassing market forecasts.
Puerto Rico customers experienced an average of 73 hours of power outages in 2024, a figure strongly influenced by hurricanes, according to the U.S. Energy Information Administration.
CITGO returns to profitability in Q2 2025, supported by maximum utilization of its refining assets and adjusted capital expenditure management.
MARA strengthens its presence in digital infrastructure by acquiring a majority stake in Exaion, a French provider of secure high-performance cloud services backed by EDF Pulse Ventures.
ACEN strengthens its international strategy with over 2,100 MWdc of attributable renewable capacity in India, marking a major step in its expansion beyond the Philippines.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.