Siemens Energy sells stake in Russia gas turbine JV

Keefe Borden

26 October 2022

Siemens Energy has sold a 65% stake in a Russia-based gas turbine joint venture to local state company InterRAO, in line with its strategy to exit the country, Reuters reported.

The companies released no financial details on the transaction.

Siemens Energy in August said it might sell or wind down…

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