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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 |
Dresser-Rand Group, Inc. | New York | state | 2014 | $411,201 | | enterprise zone |
Siemens Energy, Inc. | North Carolina | state | 2021 | $402,571 | | tax credit/rebate |
Dresser-Rand Group, Inc. | New York | state | 2013 | $393,382 | | enterprise zone |
Siemens Energy, Inc. | North Carolina | state | 2022 | $381,859 | | tax credit/rebate |
Siemens Energy, Inc. | North Carolina | state | 2018 | $379,802 | | tax credit/rebate |
Siemens Energy Inc | United States | federal | 2005 | $377,699 | | federal grant |
Dresser-Rand Group, Inc. | New York | state | 2012 | $366,724 | | enterprise zone |
Siemens Energy Inc | United States | federal | 2018 | $338,298 | | federal grant |
Siemens Energy, Inc. | North Carolina | state | 2019 | $326,276 | | tax credit/rebate |
Dresser-Rand Group, Inc. | New York | state | 2010 | $323,967 | | enterprise zone |
Siemens Energy & Automation, Inc. | Pennsylvania | state | | $290,000 | | tax credit/rebate |
Siemens Energy | North Carolina | state | 2015 | $285,714 | | grant |
Siemens Energy Inc. | Florida | state | 2013 | $280,000 | | tax credit/rebate |
Siemens Energy, Inc. | North Carolina | state | 2010 | $258,186 | | tax credit/rebate |
Siemens Energy, Inc. | Colorado | state | 2011 | $250,000 | | grant |
Siemens Energy | North Carolina | state | 2012 | $247,619 | | grant |
Siemens Energy, Inc. | North Carolina | state | 2011 | $243,280 | | tax credit/rebate |
Siemens Energy, Inc. | North Carolina | state | 2012 | $232,500 | | tax credit/rebate |
Dresser-Rand Group, Inc. | New York | state | 2015 | $207,122 | | enterprise zone |
Siemens Energy & Automation | Pennsylvania | state | | $200,000 | | training reimbursement |
Gamesa Technology Corporation | Pennsylvania | state | | $200,000 | | tax increment financing |
Siemens Energy Inc | United States | federal | 2021 | $200,000 | | federal grant |
Siemens Energy Inc | United States | federal | 2021 | $200,000 | | federal grant |
Siemens Energy Inc | United States | federal | 2021 | $199,874 | | federal grant |
Dresser-Rand Group, Inc. | New York | state | 2011 | $183,315 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2011 | $183,315 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2011 | $183,315 | | enterprise zone |
Siemens Energy Inc | United States | federal | 2018 | $161,938 | | federal grant |
Siemens Energy, Inc. | North Carolina | state | 2014 | $155,014 | | tax credit/rebate |
Siemens Energy Inc. | Florida | state | 2013 | $150,000 | | grant |
Siemens Energy, Inc. | North Carolina | state | 2015 | $146,391 | | tax credit/rebate |
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 |
Siemens Energy & Automation, Inc | Pennsylvania | state | | $145,000 | | grant |
Dresser-Rand Group, Inc. | New York | state | 2013 | $144,930 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2013 | $144,930 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2013 | $144,930 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2014 | $136,551 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2014 | $136,551 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2014 | $136,551 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2012 | $130,465 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2012 | $130,465 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2012 | $130,465 | | enterprise zone |
Dresser-Rand Company | Iowa | state | 2006 | $98,483 | | tax credit/rebate |
Dresser-Rand Group, Inc. | New York | state | 2015 | $78,650 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2015 | $78,650 | | enterprise zone |
Dresser-Rand Group, Inc. | New York | state | 2015 | $78,650 | | enterprise zone |
Siemens Energy, Inc. | Florida | local | 2012 | $70,000 | | grant |
Dresser-Rand | Virginia | state | 2010 | $29,500 | | training reimbursement |
Siemens Energy (Rural Hall) (project 3) | North Carolina | state | 2022 | $18,498 | | training reimbursement |
SIEMENS ENERGY & AUTOMATION | Ohio | state | 2008 | $17,000 | | grant |
Siemens Energy, Inc. | Colorado | state | 2011 | $10,600 | | training reimbursement |
Siemens Energy, Inc. | Colorado | state | 2010 | $5,800 | | training reimbursement |
Siemens Energy Inc | Alabama | state | 2012 | $2,550 | | cost reimbursement |
Siemens Energy Inc. | Texas | state | 2010 | undisclosed | | training reimbursement |