Siemens Energy to invest $2.3 billion in power grid factories by 2028
ReutersNov 20, 2025 11:49 AM
FRANKFURT, Nov 20 (Reuters) - Siemens Energy ENR1n.DE plans to invest 2 billion euros ($2.3 billion) in its global network of transformer and switchgear factories by 2028, the company said in slides ahead of a capital markets day.
($1 = 0.8681 euros)
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