Replies to post #611484 on Billionaire Boys Club Member Forum (BBCMF)

[mick]

4. Siemens Energy
Siemens Energy is a leading energy technology company, with operations spanning gas services, grid technologies, and the transformation of industries. It also has a controlling interest in Siemens Gamesa Renewable Energy (OTCMKTS:GCTAY), a leading wind energy company based in Spain. It manufactures, installs, and services onshore and offshore wind turbines, with more than 99 GW of capacity installed worldwide.

Siemens Energy has offered to acquire in 2022 the remaining shares of Siemens Gamesa Renewable Energy that it doesn’t already own. The proposed deal would give Siemens Energy full control over its troubled wind energy subsidiary. Despite the growth in wind energy, Siemens Gamesa has struggled in recent years due to a patent dispute with GE, surging steel costs (a key part of wind turbines), and issues with its onshore wind platform.

However, better days could lie ahead for the wind turbine maker. The International Trade Commission rejected almost all of GE's claims against the company in early 2022. Meanwhile, the proposed merger with Siemens Energy could help turn around the troubled unit, enabling the company to better capitalize on the upside ahead for the wind energy sector.

[mick]

3. Vestas Wind Systems
Denmark-based Vestas is a global leader in the wind energy sector. It designs, manufactures, installs, develops, and services wind energy and hybrid projects worldwide. It has installed more than 157 GW of wind turbines in 88 countries.

Like GE, Vestas doesn't just sell and install wind turbines; it generates some recurring income from servicing them after installation. The company has service contracts covering at least 137 GW of wind power. These contracts help to offset some of the variability in wind turbine sales. Vestas’ focus on wind turbines makes it one of the few large-scale pure-play wind energy investments.

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