Siemens Energy is trading higher at €165.34, up +4.28% on August 12, 2026, after Babcock & Wilcox announced an agreement involving 20 Siemens Energy steam-turbine generator sets totaling 1 GW for data-center projects.
- The contract reinforces exposure to rapidly growing AI and data-center power demand, while recent record results and strong guidance provide additional support.
- No broader index catalyst is evident, with major U.S. indexes essentially flat.