FEOC
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Siemens Energy (Hydrogen)

Clean
🇩🇪 GermanyMunich, GermanyHydrogen & ElectrolyzersPublic (ETR: ENR)

Last verified: 2026-04-01

Risk Summary
Country RiskLowHQ in Germany (allied nation)
Entity List ExposureLowNot on any lists
Ownership RiskLowPublic (ETR: ENR)
Domestic AlternativeLow8 allied/US options available

Entity List Screening

ListAgencyStatusYear
BIS Entity ListBureau of Industry and SecurityNot Listed2026
OFAC SDN ListOffice of Foreign Assets ControlNot Listed2026
DOD Section 1260HDepartment of DefenseNot Listed2026
UFLPA Entity ListCustoms and Border ProtectionNot Listed2026
SEC DisclosuresSecurities and Exchange CommissionNot Listed2026
IRS FEOC GuidanceInternal Revenue ServiceNot Listed2026

Ownership Structure

Siemens AG (minority) / Publicly held
🇩🇪 GermanyIndividual / Shareholder
Siemens Energy (Hydrogen)
🇩🇪 GermanyManufacturer

Source: SEC filings, stock exchange disclosures, corporate registry data. Ownership percentages reflect most recent available disclosure.

Compliance Assessment

German-headquartered. Germany is an EU/allied nation. No FEOC ownership concerns.

Key Factors

  • Headquartered in Germany, an allied nation
  • Ownership: Public (ETR: ENR)
  • No current US domestic manufacturing operations
  • Not listed on any federal entity lists
  • Siemens Energy hydrogen division produces Silyzer PEM electrolyzers for green hydrogen.

Products & Equipment

PEM electrolyzers (Silyzer)Hydrogen turbinesHydrogen compressionGreen hydrogen systems

Exploring US electrolyzer manufacturing.

Other Manufacturers in Hydrogen & Electrolyzers

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Plug PowerClean
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ITM PowerClean
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Bloom EnergyClean
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Accelera by CumminsClean
🇺🇸 United StatesUS Mfg
thyssenkrupp nuceraClean
🇩🇪 Germany
LONGi HydrogenFlagged
🇨🇳 China
Sunfire GmbHClean
🇩🇪 Germany

Data Sources

  • Siemens Energy Annual Report
  • BIS Consolidated Screening List

This information is for reference only and does not constitute legal advice. Compliance determinations should be verified with qualified legal counsel. Entity list data is sourced from publicly available federal databases and may not reflect the most recent updates.