Germany in talks with Siemens Energy on state guarantees
Thursday, 26 October 2023 Siemens Energy is in discussions with the German government regarding state guarantees, following significant losses in its wind division. Quality issues in the wind unit Siemens Gamesa have resulted in major setbacks for the company. Siemens Energy fears it will struggle to secure guarantees from banks, leading it to approach the government and Siemens for a guarantee framework. The German state is expected to assume liability for 80% of an initial 10 billion euro funding tranche, while banks would be liable for the remaining 20%. Siemens Energy's financial results in 2023 are expected to align with previous guidance.
White House Unveils , 32 States to Become , US 'Tech Hubs' .
On October 23, President Joe Biden
announced over 30 regional tech hubs
to be developed across the United States.
On October 23, President Joe Biden
announced over 30 regional tech hubs
to be developed across the United States.
'The...
On this episode of Going Underground, we speak to the former UK Secretary of State for Energy & Climate Chris Huhne. He discusses the scandal surrounding UK Prime Minister Boris Johnson and..
Thursday, 26 October 2023
![Lockdown Parties-Boris Johnson Unlikely To Last as Prime Minister Through 2022- Ex-UK Sec. of State [Video]](https://video.newsserve.net/300/v/20231025/1698226050-Lockdown-Parties-Boris-Johnson-Unlikely-To-Last-as.jpg)
