$8 Billion is Contributed by Germany to Save a Large Green Energy Company
The Germany government is offering €7.5 billion ($8 billion) in taxpayer funds to save the financially troubled Siemens Energy, a company that is essential to the nation’s energy transition. The amount is a portion of a guarantee package worth €15 billion ($16.3 billion), with private banks and other stakeholders contributing the remaining sum, according to … [Read more…]