The German company has responded to the information that appeared in various German media following the request for state aid amounting to a maximum of 15 billion euros in guarantees.
Siemens Energy indicated on Thursday that it would maintain its position “preliminary talks” with various stakeholders including banking partners and the German government, with a view to ensuring access to the necessary guarantees to facilitate the development of projects. Moreover, he has warned about the Siemens Gamesa problems.
The German company’s response comes after information appeared in various German media following the request for government support of up to 15 billion euros in guarantees, the magazine said. Economic week. According to this information, the request would require the German government to guarantee 80% of the first tranche of 10 billion euros and the banks to guarantee the remaining 20%.
In a statement, the company explained that the strong growth in the number of orders received, especially in the former Gas and Energy business areas, has led to a growing need for guarantees for long-term projects.
“In light of recent media reports of discussions with the German government,” Siemens Energy has indicated that it expects its financial results for fiscal year 2023 to be “fully in line with expectations.”
The Siemens Energy shares They fell as much as 35% on the Frankfurt stock exchange on Thursday, although as they neared the halfway point of the session they cut losses to 27%.
Source: EITB
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