The weekly, which first reported the talks along with Spiegel magazine, said Siemens Energy is seeking up to 15 billion euros in guarantees. The German state would assume liability for 80% of an initial 10 billion euro funding tranche, while banks would be liable for the remaining 20%, WirtschaftsWoche said. A spokesperson for Siemens AG, which according to the report was being asked to guarantee a second tranche of the remaining 5 billion euros, said that the company was awaiting more details. "Siemens is now in close and continuous talks with all parties involved," the spokesperson added. Siemens remains an anchor investor in Siemens Energy, retaining a 25.1% stake. In a statement confirming the talks, Siemens Energy said this year's financial results are expected to be fully in line with previous guidance, and that Siemens Gamesa is working through its quality issues. Siemens Energy is scheduled to release annual results on Nov. 15 and to hold a capital markets day on Nov. 21, its website showed.