Siemens Energy is looking for financiers and is examining the entry of Qatar’s sovereign wealth fund

Frankfurt, Munich In the past eight weeks, the shares of the troubled Dax group Siemens Energy have risen by more than 60 percent. Investors are obviously growing hope that the energy technology specialist can now tackle its two major problems: the restructuring of the loss-making subsidiary Siemens Gamesa and the uncertainty about the further schedule for the withdrawal of the major shareholder Siemens.

According to information from the Handelsblatt from financial circles, Siemens Energy is also examining the entry of sovereign wealth funds. One candidate is Qatar, which has already invested in several DAX companies. In this way, the company could raise fresh capital and attract a new anchor shareholder. According to supervisory board circles, this should be seen against the background of the long-term nature of the energy business.