Siemens Energy’s Steam Turbine Auction Draws a Crowd of Buyers as AI Power Demand Reshapes the Math

The sale process for Siemens Energy’s steam turbine division is crystallizing into a competitive auction, with a consortium of the world’s largest infrastructure investors circling a business that could now command a price tag north of €10 billion — a figure that has climbed sharply as artificial intelligence’s electricity appetite redraws the sector’s growth outlook. […] The post Siemens Energy’s…