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Press Release

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9 min read

GE Board of Directors Approves Spin-Off of GE Vernova; GE Vernova and GE Aerospace to Launch April 2, 2024
Board sets spin-off date for GE Vernova (NYSE: GEV) of April 2, 2024, pre-marketShareholders of record on March 19, 2024, will receive one share of GE Vernova for every four shares of GE ownedFollowing the planned spin-off of GE Vernova, GE shareholders will continue to hold their GE shares as GE Aerospace shares

BOSTON – February 29, 2024 – General Electric Company (“GE”) (NYSE: GE) today announced that its Board of Directors has approved the previously announced spin-off of GE Vernova.[1] The

Press Release

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15 min read

GE ANNOUNCES FOURTH QUARTER 2023 RESULTS

Excellent 2023 supported by solid fourth quarter; GE Aerospace and GE Vernova ready to launch in early April

Fourth quarter 2023:

Press Release

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6 min read

GE Vernova announces two updates to leadership team
Jessica Uhl to join as President overseeing R+D and Business DevelopmentPablo Koziner to serve as Chief Commercial Officer

CAMBRIDGE, MA: January 18th, 2024 – GE (NYSE: GE) today announced that GE Vernova has made two updates to its leadership team as the organization advances towards its planned spin-off in the beginning of the second quarter of 2024 and prepares to become a stand-alone company focused on the energy transition.

Press Release

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8 min read

GE Vernova announces 2.4 GW order for Pattern Energy’s SunZia wind project
Expected to be the largest wind project in US history, powered by GE’s next generation workhorse turbine 3.6-154Record order for GE wind with 674 turbines, providing 2.4 GW of power generation, bringing GE Vernova installed base with Pattern Energy to 4.3 GWReinforces GE Vernova’s commitment to revitalize and enhance American manufacturing – with growth fueled by the IRAGE Vernova bringing expertise across energy transition to project, from turbine technology & services to grid technology/modelling and financial services

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7 min read

GE Vernova – MYTILINEOS consortium awarded £1bn contract to construct the UK’s first high-capacity east coast subsea link
GE Vernova-led consortium to supply and construct two High-Voltage Direct Current (HVDC) converter stations for EGL1 - National Grid and SP Energy Networks joint venture.HVDC system to be based on Voltage-Sourced technology – the most advanced HVDC technology.EGL1 HVDC link will enable the transmission of renewable green energy to power more than two million homes across the UK.

Paris, France: December 12, 2023 - GE Vernova’s Grid Solutions busin

Press Release

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17 min read

GE Announces Boards of Directors for Future Independent GE Vernova and GE Aerospace 

Directors bring strong mix of domain expertise, diverse perspectives, and leadership experience to help GE Vernova lead the energy transition and GE Aerospace shape the future of flight

BOSTON – November 14, 2023 – GE (NYSE:GE) today announced the Boards of Directors for GE Vernova—the planned independent public company that will be created following its spin-off from GE—and GE Aerospace.(1)

Press Release

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6 min read

GE Vernova announces two additions to leadership team
Ken Parks to become Chief Financial Officer of GE VernovaVic Abate to become Chief Executive Officer of GE Vernova’s Wind segmentGE Vernova Leadership Team fully staffed ahead of spin-off 

CAMBRIDGE, MA – Aug. 24, 2023 – GE (NYSE: GE) announced today that GE Vernova has appointed two new leaders to its leadership team. These appointments complete the executive leadership team for GE Vernova as the business prepares to launch as an independent company sometime in early 2024.

Press Release

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8 min read

GE Vernova acquires Greenbird to accelerate GridOS® innovation and help utilities reduce the complexity of energy data integration
Acquisition highlights GE Vernova’s commitment to invest strategically in technologies and talent that help accelerate the sustainable energy gridGreenbird’s utility-focused technology and data integration experts will expand the capabilities of the company’s GridOS® software portfolio, allowing grid operators to more easily connect systems and integrate data at scaleReducing the complexity of big data integration for utilities creates more opportunities for AI-driven grid automation and enables them to move at speed to meet decarboniz

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12 min read

Two GE-led consortiums in agreement with TenneT for award of contracts totaling approx. 10 Bln Euros to build state-of-the-art HVDC systems for TenneT’s 2GW program
Dutch-German Transmission Systems Operator (TSO) TenneT awards GE Grid Solutions consortium with Sembcorp Marine three projects in the Netherlands, while TenneT has entered into an agreement with GE-led consortium with McDermott to award two projects in GermanyTenneT's innovative High-Voltage Direct Current (HVDC) 2GW Program in the Dutch and German North Sea is one of the most important infrastructure projects of the centuryThe program will play a critical role in strengthening Europe’s energy security, while putting Europe on track to become th

Press Release

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4 min read

GE and EDF sign a binding agreement related to EDF’s acquisition of GE Steam Power’s nuclear activities

Boston, November 4th, 2022 – GE and EDF today signed the binding agreement related to EDF’s acquisition of GE Steam Power’s nuclear activities.