XETRA:ENR 3 February 2026 - 7 March 2026

National Grid plc seals £3 billion Eastern Green Link 4 contracts ahead of RIIO-3 start
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National Grid plc seals £3 billion Eastern Green Link 4 contracts ahead of RIIO-3 start

National Grid and SP Energy Networks confirmed £3 billion in supply-chain contracts for Eastern Green Link 4, a 2-gigawatt subsea power link between Scotland and England. Siemens Energy will supply converter stations and Prysmian the cable system. The announcement comes as Britain enters a new five-year price-control period for network owners on April 1. Construction on EGL4 remains subject to planning consent.
March 31, 2026
Deutsche Börse Weekly Wrap: DAX Posts Worst Week in a Year as Oil Shock Hits Frankfurt
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Deutsche Börse Weekly Wrap: DAX Posts Worst Week in a Year as Oil Shock Hits Frankfurt

Germany’s DAX index fell 6.7% this week to 23,591.03, its worst weekly drop in a year, as energy prices surged and U.S. jobs data disappointed. Beiersdorf and Adidas shares slumped after profit warnings, while Siemens Energy dropped 6%. Rheinmetall announced plans to expand missile production amid Middle East tensions. STOXX said there will be no changes to the DAX or TecDAX in March.
March 7, 2026
Siemens Energy’s $1 billion U.S. bet: new Mississippi switchgear plant taps AI power boom
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Siemens Energy’s $1 billion U.S. bet: new Mississippi switchgear plant taps AI power boom

Siemens Energy will invest $1 billion in U.S. manufacturing, including a new grid-equipment plant in Mississippi set to open in 2028. CEO Christian Bruch cited surging demand from data centres, with about 20 gigawatts of generation capacity tied to U.S. data-centre projects. Grid expansion faces delays due to equipment shortages and slow connections. The U.S. is now Siemens Energy’s top market for orders.
February 3, 2026