Power demand is unstoppable and gas turbine manufacturers, Siemens Energy and GE Vernova are the biggest beneficiaries!

Siemens Energy is up 30% since my deep dive and 18% YTD, making all time highs every day on the back of its peer GE Vernova’s record breaking Q4 25 order intake.

Enjoy the most comprehensive analysis into one of the fastest growing industrials business on Earth and a company at the center of the historical power surge and grid investment boom, Siemens Energy.

I will also cover GE Vernova in the next few days so stay tuned!

As we enter the Age of Electricity, with load growth sharply inflecting in the West and an investment supercycle in grids, electrification and AI data centers, Siemens Energy’s Gas Services and Grid Technologies businesses are booming.

Despite an incredible stock performance, its margin and cash generation are still underestimated by the market, it has the fastest growth in Electrification behind GE Vernova, a sharp focus on improving its margins, the restructuring of its wind business, and a complete generation and transmission portfolio at a time when investments in power infrastructure is booming to historical levels (the company has a record backlog meaning incredible visibility). On top of that you have on option on the revival of nuclear (a topic I will soon cover).

I haven’t been able to find anyone else that has covered this European titan so this is a first on Substack!