Acquiring Company
YTL Power International Bhd
Acquired Company
Siemens Energy
Johor
MunichEnergyRenewable EnergyWaterDescription
YTL Power International Bhd has successfully acquired four additional gas turbine units from Siemens Energy. This acquisition expands the company's total reservations to a combined capacity exceeding 5,250MW. The expansion aims to support power generation projects across Malaysia and the region, addressing rising energy demands.
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Based on deal dataFrequently asked
Who acquired Siemens Energy?
Siemens Energy was acquired by YTL Power International Bhd, based in Johor. The deal was reported on September 19, 2026. YTL Power International Bhd is a leading utility company in Malaysia with interests in power generation, water and sewerage, and telecommunications. YTL Power International Bhd is privately held and operates in Energy.
When did YTL Power International Bhd acquire Siemens Energy?
YTL Power International Bhd's acquisition of Siemens Energy was reported on September 19, 2026. YTL Power International Bhd has successfully acquired four additional gas turbine units from Siemens Energy. This acquisition expands the company's total reservations to a combined capacity exceeding 5,250MW. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Siemens Energy do?
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. It is publicly traded (SMERY), and is based in Munich.
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