Siemens Energy AG Sponsored ADR (ENR1)

Profile

https://www.siemens-energy.com

Siemens Energy AG Sponsored ADR represents shares in Siemens Energy AG, a German publicly traded energy corporation spun off from Siemens AG's Gas and Power division in 2020, encompassing full ownership of Siemens Gamesa. This sponsored American Depositary Receipt provides U.S. investors access to the company's ordinary shares on a 1:1 basis. Siemens Energy AG focuses on enabling the global energy transition by delivering technologies across the energy value chain, from conventional power generation to renewables, grid infrastructure, and storage solutions. Its product portfolio includes gas and steam turbines, wind turbines, generators, power transmission equipment like transformers and high-voltage direct-current systems, compressors, and electrolyzers for hydrogen production. Operating in over 90 countries with approximately 100,000 employees, the company invests more than €1 billion annually in research and development to support emission reductions and sustainable energy systems. Siemens Energy AG plays a pivotal role in the energy sector by bridging traditional and renewable technologies, contributing to reliable, affordable power for industries and societies worldwide.