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Windtech International September October 2024 issue

 

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Siemens AG is transferring an 8 percent stake in Siemens Energy AG to Siemens Pension-Trust e. V. As a result, Siemens AG’s stake in Siemens Energy AG is declining to 17.1 percent.
 
With this move, Siemens is executing its previously announced plans to further reduce its investment in Siemens Energy. By transferring the shares to Siemens Pension‑Trust e.V., Siemens is strengthening its pension assets in Germany. Siemens indicated before the spin-off as well as in conjunction with the public listing of Siemens Energy that it would further reduce its investment in Siemens Energy depending on the conditions. Most recently, on June 28, 2023, Siemens transferred a 6.8 percent stake to Siemens Pension-Trust e.V. 
 
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