Jackson Peak Capital on Siemens Energy
Thesis
The fundamentals for Siemens Energy remain strong, as the company is a key beneficiary of the secular increase in energy demand from AI data centers. Furthermore, it stands to benefit from European fiscal stimulus aimed at upgrading grid and energy infrastructure.
“The fundamentals remain in strong shape - ENR continues to benefit from the secular increase in energy demand for AI data centers and European fiscal stimulus for grid and energy infrastructure - but we up-sized the position shortly before the geopolitical- driven selloff.”