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Siemens Gamesa assigned “investment-worthy” BBB credit rating
Siemens Gamesa, despite news of holding company Siemens’ intention to sell the majority of its shares in its gas and power businesses to a new energy player, has been assigned a BBB long-term credit rating with stable outlook by international ratings agency Fitch.
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Webinar recording: IoT can deliver real business impact for utilities
Join OMNETRIC in a live webinar to learn how IoT can deliver real business impact for utilities, including a thought-provoking perspective on best practices utilising data once sensorics and connectivity are in place.
Business / Finance / Regulation
Webinar: This is not a drill! The weather-resilient Grid
Worldwide, utilities are feeling the realities of climate change, and need to keep the lights, gas and water on in the face of increasingly extreme weather – wildfires, violent storms drought, polar vortices and floods are only set to worsen.
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Siemens to sell majority stake in power and gas businesses
Energy giant Siemens has made a shock announcement – the multinational will be selling off its €30 billion majority of its Gas and Power division, made up of conventional power generation, transmission, oil and gas, and its 59% stake in Siemens Gamesa Renewable Energy.
