Growth, business-unit performance, operations, customers and strategic signals across the Siemens Gamesa Renewable Energy, S.A. platform.
Revenue of $9900M is growing -3.9%, but the equity re-rate hinges on revenue quality: recurring mix sits at 20% against the 45% target. Convert the $234M weighted pipeline and $182M of cross-sell opportunity into annuity revenue.
6 of 8 headline metrics improving vs prior · still off target: Revenue $9.90B vs $10.50B, Revenue Growth -3.9% vs 2.0%, EBITDA Margin 4.2% vs 6.0%
Lifting recurring mix from 20% to 45% reframes ≈ $2525M of revenue as higher-multiple annuity — the swing that re-rates the platform.
Accelerate ISC ERP/SOC cutover; rebalance project mix toward recurring.
Americas GM 200bps below plan amid RFI/ISC integration drag.
Iberdrola — multi-region DC security + Hermes Digital Diagnostics (Security + Monitoring) carries $157.64M at 60% — the largest single mover in the $234M weighted book.
Prioritize solution design; align certified-tech coverage in new metros.
News signal converted to qualified, credit-cleared multi-region pursuit.
Monthly revenue (bars) and adjusted EBITDA (line), $M.
Weighted pursuits — signal-driven items sourced from news/EDGAR adapters.
| Opportunity | Solution | Stage | Prob. | Value |
|---|---|---|---|---|
| signalIberdrola — multi-region DC security + Hermes Digital Diagnostics | Security + Monitoring | Proposal | 60% | $157.64M |
| signalØrsted — hub perimeter + video analytics | Security | Qualify | 45% | $105.94M |
| Kaiser — nurse call + RTLS refresh | Integration | Proposal | 50% | $78.19M |
| UPS — fire + mass notification bundle | Fire Safety | Qualify | 40% | $59.27M |
| signalAlign — mfg expansion AV + access | Integration + Security | Develop | 48% | $39.1M |
| signalEDF Renewables — Security cross-sell (11 sites) | Security + Hermes Digital Diagnostics | Develop | 55% | $17.66M |
News + EDGAR adapter feed linked to accounts, suppliers and competitors.
| Source | Signal | Entity | Type | Materiality | Implication |
|---|---|---|---|---|---|
| News | Iberdrola announces new US cloud regions | Iberdrola | Expansion | High | → multi-region DC security opportunity |
| EDGAR | Ørsted 10-K: elevated hub-automation capex | Ørsted | Capex | High | → perimeter + analytics pull-through |
| News | EDF Renewables expanding data-center footprint | EDF Renewables | NewFacility | Medium | → cross-sell 11 fire-only sites |
| EDGAR | SSE Renewables filings show continued store closures | SSE Renewables | Distress | Medium | → churn + credit watch |
| News | Hanwha flags component lead-time pressure | Gefion Supercomputer | Supply | Medium | → supplier risk, dual-source 2 SKUs |
| News | Competitor acquires regional fire integrator | Competitor | M&A | Medium | → defend Americas accounts |
Offshore Wind · Onshore Wind · Service & Maintenance.
Largest segment; global leader in direct-drive offshore turbines.
Broad portfolio; recent quality challenges in 5.X platform.
Comprehensive O&M, multibrand asset management, digital diagnostics.
Installed-base health, SLAs and code compliance across the monitored estate.
Top accounts with value, retention, score and untapped cross-sell.
| Account | Tier | Industry | Revenue | ARR | NRR | Whitespace | Score | Churn |
|---|---|---|---|---|---|---|---|---|
| Ørsted | Global | Energy investors | $234.57M | $55.49M | 108% | $26.48M | 89 | Low |
| Iberdrola | Global | Utility-scale wind power | $203.04M | $65.58M | 119% | $40.36M | 92 | Low |
| EDF Renewables | Global | Government energy agencies | $179.08M | $39.1M | 112% | $17.66M | 87 | Low |
| Enel Green Power | Global | Renewable energy developers | $162.69M | $47.92M | 104% | $22.7M | 81 | Medium |
| UPS | National | Energy investors | $142.51M | $36.57M | 106% | $20.18M | 84 | Low |
| IBM | Global | Utility-scale wind power | $122.33M | $32.79M | 101% | $13.87M | 78 | Medium |
| Moroccan wind farm operator | National | Renewable energy developers | $90.8M | $23.96M | 105% | $16.39M | 79 | Medium |
| SSE Renewables | National | Retail | $80.71M | $21.44M | 97% | $7.57M | 64 | High |
| Finnish wind farm developer | National | Utility-scale wind power | $73.15M | $26.48M | 110% | $11.35M | 86 | Low |
| Western Sahara wind project | National | Industrial power buyers | $51.71M | $15.13M | 100% | $5.04M | 72 | Medium |