Siemens Energy will rebrand as Omterra, bringing Siemens Energy and Siemens Gamesa Renewable Energy under one name as it prepares to end its time-limited Siemens brand license after the 2020 spin-off from Siemens AG.
The rebranding process is scheduled to begin later this year and will be implemented in stages. The move follows the license agreement that has governed its use of the Siemens Energy name since the spin-off.
“Since our spin-off, it has been clear that the licensed Siemens Energy brand would be available to us for a limited period. Today, our company is well positioned strategically, operationally and financially. We have earned the trust of our customers and the capital markets, improved our profitability, and have ambitious growth plans for the years ahead. Against this backdrop and given that the current brand agreement is time-limited, now is the right time to begin the transition to our own independent brand,” says Christian Bruch, CEO of Siemens Energy.
“We are proud of what our employees have built over the past few years. Our founder’s name opened doors and supported us on our path to independence. This legacy remains both an inspiration and a commitment for us as we actively help shape the energy world of tomorrow,” Bruch adds.
Source: Siemens Energy
About Siemens Energy
Siemens Energy is a global energy technology company headquartered in Munich, Germany. The company became a separate entity from Siemens AG in 2020 and traces its energy-sector work to Siemens’ longer engineering history. It supplies gas and steam turbines, wind turbines, power transmission systems, grid technologies, and industrial decarbonization services. Siemens Energy serves utilities, independent power producers, transmission operators, and industrial customers in power generation, oil and gas, and renewable energy. Its work includes hydrogen production and storage, carbon capture, and energy efficiency technologies. Siemens Energy employs about 101,000 people worldwide in more than 90 countries.
About Siemens Gamesa
Siemens Gamesa Renewable Energy designs, builds, and maintains wind turbines for onshore and offshore energy projects. The company supplies nacelles, blades, towers, and related components and provides operations and maintenance services, including remote diagnostics for wind farms. It serves customers in the renewable energy sector, including utilities, wind-farm developers, and public agencies. Siemens Gamesa was formed in 2017 through the merger of Gamesa Corporación Tecnológica and Siemens Wind Power. The company is headquartered in Vizcaya, Spain. It employs about 32,500 people worldwide. Siemens Gamesa supports renewable-energy deployment through turbine manufacturing, installation, and service.