Siemens Ag (SIEGY)
$70.06 0.00 (0.00%)
15:59 EDT SIEGY Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 114.27B
PE Ratio -
Volume (Avg. Vol.)
Day's Range 70.06 - 70.06
52-Week Range 31.62 - 73.00
Dividend & Yield 1.69 (2.41%)
SIEGY Stock Predictions, Articles, and Siemens Ag News
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From Seeking Alpha
Units of Siemens (OTCPK:SIEGY +1.4%) and Macquarie Group (OTCPK:MCQEF) say they are creating a joint venture to invest in the emerging energy-as-a-service sector in the U.S.Set up by Macquarie's Green Investment Group, and Siemens' Smart Infrastructure and Financial Services units, the companies say their Calibrant Energy JV will build energy infrastructure at no up-front cost and then manage it for customers including companies, municipalities and hospitals.Calibrant will seek to utilize Macquarie's capital and Siemens' technology as it competes to grow in the distributed energy space, an area the Wood Mackenzie consultancy says could attract $110B of investment during 2020-25.Other investment firms also are looking to tap into distributed energy: Blackstone has launched a platform, while Carlyle and BlackRock have such JVs with Schneider Electric and General Electric, respectively.
From The Motley Fool
From Talk Markets