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Subsidy Tracker Parent Company Summary
Parent Company Name: Siemens Energy
Ownership Structure: publicly traded
Headquartered in: Germany
Major Industry: utilities and power generation
Specific Industry: energy generation
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $106,463,110 | 88 |
Federal (grants and allocated tax credits) | $265,908,114 | 34 |
TOTAL | $372,371,224 | 122 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $1,594,000 | 1 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $1,398,216,678 | 32 |
TOTAL | $1,399,810,678 | 33 |
Time Period for State and Local Awards: Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
North Carolina | $40,419,151 | 21 |
New York | $25,244,141 | 37 |
Virginia | $17,129,500 | 2 |
Iowa | $15,555,068 | 10 |
Pennsylvania | $4,329,300 | 9 |
All other | $3,785,950 | 9 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
GAMESA FIBRAMATIC LLC | United States | federal | 2010 | $25,824,044 | | federal allocated tax credit |
GAMESA G10X NACELLES, LLC | United States | federal | 2010 | $2,764,584 | | federal allocated tax credit |
GAMESA G90, LLC | United States | federal | 2010 | $2,357,954 | | federal allocated tax credit |
Dresser-Rand Group, Inc. | New York | state | 2010 | $146,200 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2010 | $146,200 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2010 | $146,200 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2010 | $323,967 | | enterprise zone |
Siemens Energy Inc | United States | federal | 2010 | $1,827,347 | | federal grant |
Siemens Energy Inc | United States | federal | 2010 | $16,411,628 | | federal grant |
Siemens Energy, Inc. | North Carolina | state | 2009 | $3,660,000 | | grant |
Siemens Energy Inc | Iowa | state | 2009 | $1,543,835 | | training reimbursement |
Dresser-Rand Group, Inc. | New York | state | 2009 | $880,525 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2009 | $880,525 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2009 | $880,525 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2009 | $1,910,178 | | enterprise zone |
Siemens Energy Inc | United States | federal | 2009 | $2,033,689 | | federal grant |
Siemens Power Generation, Inc. | Iowa | state | 2008 | $1,862,800 | | tax credit/rebate |
Siemens Power Generation, Inc. | Iowa | state | 2008 | $1,400,000 | | infrastructure assistance |
SIEMENS ENERGY & AUTOMATION | Ohio | state | 2008 | $17,000 | | grant |
Dresser-Rand Group, Inc. | New York | state | 2008 | $1,789,482 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2008 | $1,789,482 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2008 | $1,789,482 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2008 | $2,706,749 | | enterprise zone |
Siemens Energy Inc | United States | federal | 2008 | $991,148 | | federal grant |
Dresser-Rand Group Inc. | New York | state | 2007 | $1,098,000 | | enterprise zone |
Dresser-Rand Group Inc. | New York | state | 2007 | $610,560 | | enterprise zone |
Siemens Energy Inc | Iowa | state | 2007 | $1,399,662 | | training reimbursement |
Siemens Energy, Inc. | United States | federal | 2007 | | $1,844,505 | federal loan or loan guarantee |
Siemens Energy, Inc. | United States | federal | 2007 | | $2,255,025 | federal loan or loan guarantee |
Siemens Energy, Inc. | United States | federal | 2007 | | $4,294,290 | federal loan or loan guarantee |
Siemens Energy, Inc. | United States | federal | 2007 | | $18,925,493 | federal loan or loan guarantee |
Dresser-Rand Company | Iowa | state | 2006 | $1,000,000 | | grant/loan hybrid program |
Siemens Power Generation, Inc. | Iowa | state | 2006 | | $1,594,000 | loan or bond financing |
Siemens Power Generation, Inc. | Iowa | state | 2006 | $880,288 | | tax credit/rebate |
Dresser-Rand Company | Iowa | state | 2006 | $98,483 | | tax credit/rebate |
Dresser-Rand Company | Iowa | state | 2006 | $1,500,000 | | infrastructure assistance |
Dresser-Rand Group Inc. | New York | state | 2006 | $1,305,250 | | enterprise zone |
Dresser-Rand Group Inc. | New York | state | 2006 | $638,000 | | enterprise zone |
Siemens Energy Inc | United States | federal | 2005 | $29,368,760 | | federal grant |
Siemens Energy Inc | United States | federal | 2005 | $59,221,082 | | federal grant |
Siemens Energy Inc | United States | federal | 2005 | $3,239,213 | | federal grant |
Siemens Energy Inc | United States | federal | 2005 | $7,642,723 | | federal grant |
Siemens Energy Inc | United States | federal | 2005 | $27,457,507 | | federal grant |
Siemens Energy Inc | United States | federal | 2005 | $377,699 | | federal grant |
Siemens Energy Inc | United States | federal | 2005 | $32,330,423 | | federal grant |
Siemens Energy Inc | United States | federal | 2003 | $3,702,923 | | federal grant |
Siemens Energy Inc | United States | federal | 2002 | $13,495,415 | | federal grant |
Gamesa Technology Corporation | Pennsylvania | state | | $619,800 | | training reimbursement |
Siemens Energy & Automation | Pennsylvania | state | | $200,000 | | training reimbursement |
Gamesa Eolica, S.A. | Pennsylvania | state | | $504,500 | | grant |
Gamesa Eolica, S.A. | Pennsylvania | state | | $1,170,000 | | tax credit/rebate |
Siemens Energy & Automation, Inc. | Pennsylvania | state | | $290,000 | | tax credit/rebate |
Gamesa Eolica, S.A. | Pennsylvania | state | | $650,000 | | grant |
Gamesa Technology Corporation | Pennsylvania | state | | $550,000 | | grant |
Siemens Energy & Automation, Inc | Pennsylvania | state | | $145,000 | | grant |
Gamesa Technology Corporation | Pennsylvania | state | | $200,000 | | tax increment financing |