Siemens Energy seeks state help as wind unit crisis deepens
Siemens Energy said Thursday it was in talks with the German government about receiving financial help as it battles problems in its wind power unit, sending the firm's shares crashing. In the latest development in the saga, Siemens Energy confirmed that it was "in preliminary talks with different stakeholders, including banking partners and the German government, to ensure access to an increasing volume of guarantees."
Source: yahoo.com