PARIS, France (August 26, 2026) - GE Vernova Inc. (NYSE: GEV) today announced the signing of an agreement for establishing a joint venture (JV) with LS Electric to further strengthen its competitiveness in the Voltage-Sourced Converter (VSC)-HVDC (High-Voltage Direct Current) business, a core component of Korea’s next-generation power grid.

For more information please see the LS Electric website here.

SILVES, Brasil — [19 de agosto de 2026] — A Eneva, maior operadora privada de gás natural do país, e a GE Vernova Inc. (NYSE: GEV) celebraram o início da operação comercial da usina termelétrica Azulão I, localizada em Silves, a aproximadamente 330 quilômetros de Manaus. Com compromisso de fornecimento de 295 MW ao Sistema Interligado Nacional (SIN), a nova usina contribuirá para aumentar a estabilidade, a confiabilidade e a segurança do suprimento elétrico no Brasil. Essa conquista marca a conclusão da primeira fase do Complexo Azulão, da Eneva, composto pelas usinas Azulão I e Azulão II.

No coração da usina Azulão I está a turbina a gás de alto desempenho 7HA.02 da GE Vernova, acoplada a um gerador H65. A expectativa é de que a avançada turbina forneça a capacidade de resposta rápida à demanda necessária para equilibrar a rede e apoiar o crescimento de energias renováveis não despacháveis, como a eólica e a solar, em todo o Brasil.

O sucesso do projeto se baseia no modelo pioneiro "Reservoir-to-Wire" (R2W) da Eneva, que aprimora a infraestrutura gerando eletricidade na fonte de produção de gás natural. Para integrar essa usina ao corredor de transmissão de alta tensão Tucuruí - Macapá -Manaus, um dos mais longos e desafiadores do mundo, com cerca de 1.850km de extensão, a Eneva e a GE Vernova implementaram uma solução de filtro de bloqueio de Ressonância Subsíncrona (SSR - Sub Synchronous Resonance) e um relé de estresse torsional. Esta solução foi projetada sob medida para ajudar a garantir que a usina opere com confiabilidade e em harmonia com o sistema de transmissão.

Além disso, utilizando sua ampla capacidade de atendimento local, o fornecimento da GE Vernova também contempla um contrato de serviço de 15 anos que visa ajudar a assegurar os mais altos níveis de confiabilidade e disponibilidade operacional.

"O início da operação comercial de Azulão I representa a materialização de um dos projetos mais relevantes da Eneva. Este empreendimento demonstra nossa capacidade de desenvolver e executar investimentos estruturantes em larga escala, mesmo em ambientes de elevada complexidade logística e operacional. O complexo Azulão reforça a consistência do nosso modelo de negócios integrado, a solidez da companhia e o nosso compromisso de contribuir para a segurança energética e o desenvolvimento econômico do Brasil”, afirma Rafael Coitinho, diretor de Engenharia, Construção e Montagem da Eneva.

De acordo com o Plano Decenal de Expansão de Energia (PDE 2035) do Brasil, elaborado pela Empresa de Pesquisa Energética (EPE), espera-se que as fontes renováveis representem mais de 85% da geração de eletricidade do país até 2035, impulsionadas principalmente pela expansão da geração eólica e solar. Dada a intermitência inerente a essas fontes, as turbinas a gás são críticas para o balanceamento do sistema, fornecendo a energia despachável necessária para estabilizar a rede e ajudar a atender à demanda.

“Azulão é a expressão máxima da força do nosso abrangente portfólio”, disse Marco Vera, VP de New Units para o negócio de Gas Power da GE Vernova na América Latina. “Ao integrar nossa avançada tecnologia a gás com soluções especializadas e de ponta para estabilização da rede e serviços de manutenção de longo prazo, comprovamos nossa capacidade de implantar energia de alta eficiência mesmo nos ambientes de transmissão mais complexos. Nossa habilidade de desenvolver essas soluções específicas de ponta a ponta reflete nosso profundo compromisso de atender às necessidades energéticas mais exigentes de nossos clientes e reforça nossa dedicação inabalável em apoiar o desenvolvimento econômico e a segurança energética de longo prazo do Brasil.”

A presença da GE Vernova no Brasil se estende por mais de 100 anos, sustentada por uma força de trabalho local de aproximadamente 5.000 funcionários, incluindo competências em serviços para atendimento local dedicado. O compromisso da empresa é reforçado por uma sólida base instalada, responsável pela geração de cerca de 40% da eletricidade total do Brasil.

Destaques do complexo a gás do Azulão

O complexo Azulão, composto pelas usinas Azulão I e II, é alimentado pela avançada tecnologia Classe H da GE Vernova, reconhecida por sua eficiência e capacidade de balanceamento de rede. Espera-se que o complexo forneça uma potência combinada de até 950 MW, capacidade equivalente à quantidade de energia necessária para atender aproximadamente quatro milhões de residências brasileiras, e a entrada em operação comercial da UTE Azulão II está prevista para julho de 2027.

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Declarações prospectivas:

Este documento contém declarações prospectivas – ou seja, declarações relacionadas a eventos futuros que, por sua natureza, abordam assuntos que são, em diferentes graus, incertos. Essas declarações prospectivas frequentemente abordam o desempenho comercial e financeiro futuro esperado da GE Vernova, bem como sua situação financeira, o desempenho esperado de seus produtos, o impacto de seus serviços e os resultados que eles podem gerar ou produzir, e frequentemente contêm palavras como “esperar”, “antecipar”, “pretender”, “planejar”, “acreditar”, “buscar”, “ver”, “irá”, “poderia”, “estimar”, “prever”, “almejar”, “preliminar” ou “faixa”. As declarações prospectivas, por sua natureza, abordam assuntos que são, em diferentes graus, incertos, como declarações sobre transações, investimentos ou projetos planejados e potenciais e seus resultados esperados, bem como os impactos das condições macroeconômicas e de mercado e da volatilidade nas operações comerciais, nos resultados financeiros e na posição financeira da Companhia, bem como na cadeia de suprimentos global e na economia mundial.

Sobre a GE Vernova:

A GE Vernova Inc. (NYSE: GEV) é uma empresa global de energia criada com um propósito específico e que inclui os segmento de Power, Electrification e Wind, que contamcom o apoio de seus negócios aceleradores. Com mais de 130 anos de experiência em enfrentar os desafios globais, a GE Vernova está em uma posição única para liderar a transição energética ao continuara eletrificar o mundo e, simultaneamente, trabalhar para descarbonizá-lo. A GE Vernova ajuda seus clientes a impulsionar economias e fornecer a eletricidade essencial para a saúde, segurança e melhoria da qualidade de vida. A GE Vernova está sediada em Cambridge, Massachusetts, EUA, e conta com aproximadamente 85.000 funcionários em cerca de 100 países ao redor do mundo. Guiada pelo propósito da empresa, "A Energia para Transformar o Mundo", a tecnologia da GE Vernova contribui para um futuro energético mais acessível, confiável, sustentável e seguro. Saiba mais: GE Vernova e LinkedIn . 

Sobre a Eneva:

A Eneva é a maior operadora privada de gás natural do Brasil, atuando na exploração, produção e geração de energia. Atualmente, a companhia administra 38 ativos em 4 bacias sedimentares, que conferem à Eneva 45,8 bcm em reservas de gás natural (2P), o maior volume em terra entre os operadores do país. A companhia possui 10 GW de capacidade de geração, com ativos, operações e projetos em desenvolvimento em dez estados do país. 

SILVES, Brazil — [August 19^th, 2026] — GE Vernova Inc. (NYSE: GEV) and Eneva, the largest private natural gas operator in Brazil, celebrated the start of commercial operation of the Azulão I thermal power plant, located in Silves, approximately 330 kilometers (205 miles) from Manaus. Contracted to provide 295 megawatts (MW) of capacity to Brazil’s National Interconnected System (SIN) for 15 years, the new plant will contribute to enhancing the stability, reliability and security of the country’s electricity supply. The project is the first asset of Eneva’s Azulão Complex, which comprises the Azulão I and Azulão II power plants.

At the heart of the Azulão I facility is GE Vernova’s high-performance 7HA.02 gas turbine, paired with a H65 generator. The advanced turbine is expected to deliver the rapid load-following capabilities needed to balance the grid and support the growth of non-dispatchable renewables, like wind and solar, across Brazil. 

The project’s success is anchored by Eneva’s pioneering "Reservoir-to-Wire" (R2W) model, which improves infrastructure by generating electricity at the source of natural gas production. To integrate this plant into the Tucuruí-Macapá-Manaus one of the world’s longest and most challenging high-voltage transmission corridors spanning ~1,850 km (1,150 miles) — Eneva and GE Vernova implemented a custom-engineered Sub Synchronous Resonance (SSR) blocking filter paired with a torsional stress relay solution to help ensure the plant could operate reliably and in harmony with the surrounding transmission system.

Additionally, utilizing its extensive local service capabilities, GE Vernova secured a 15-year service agreement aiming to help ensure the highest levels of reliability and operational availability.

“The start of commercial operations at Azulão I represents the realization of one of Eneva’s most significant projects. This development demonstrates our ability to structure and execute large-scale strategic investments, even in highly complex logistical and operational environments. The Azulão Complex reinforces the consistency of our integrated business model, the strength of our company, and our commitment to contributing to Brazil’s energy security and economic development,” said Rafael Coitinho, Engineering, Construction & Assembling Director at Eneva. 

According to Brazil's Ten-Year Energy Expansion Plan (PDE 2035), developed by the Energy Research Company (EPE), renewables are expected to cover more than 85% of Brazil's electricity generation by 2035, particularly with the expansion of wind and solar generation. Given the inherent intermittency of these sources, gas turbines are critical for balancing the system, providing dispatchable power necessary to stabilize the grid and help meet demand.

“Azulão is the ultimate expression of our comprehensive portfolio strength” said Marco Vera, VP of New Units for GE Vernova’s Gas Power business in Latin America. “By integrating our advanced gas-powered technology with specialized, cutting-edge grid-stabilization solutions, and long-term maintenance services, we have proven that we can deploy high-efficiency power in even the most complex transmission environments. Our ability to tailor these end-to-end solutions reflects our deep commitment to addressing our customer's most demanding energy needs and underscores our unwavering dedication to supporting Brazil’s economic development and long-term energy security.”

GE Vernova’s presence in Brazil spans over 100 years, supported by a local workforce of approximately 5,000 employees, including dedicated local service capabilities. The company’s commitment is underpinned by a robust installed base—generating approximately 40% of Brazil’s total electricity.

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About Eneva:

Eneva is the largest private natural gas operator in Brazil, active in exploration, production, and power generation. Currently, the company manages 38 assets across 4 sedimentary basins, which grant Eneva 45.8 bcm in natural gas reserves (2P), the largest onshore volume among operators in the country. The company holds 10 GW of generation capacity, with assets, operations, and projects under development in ten states across the country.

Azulão gas power complex highlights

Azulão Complex, featuring both Azulão I and II, is powered by GE Vernova’s advanced H-Class technology, renowned for its efficiency and grid-balancing capabilities. The complex is expected to deliver a combined output of up to 950 MW, a capacity equivalent to the amount of power needed by approximately four million Brazilian homes and it is scheduled to achieve commercial operation in July 2027.

Forward Looking Statements:

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova:

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification, and Wind segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn. 

BERLIN, Germany, (16 July 2026): GE Vernova Inc. (NYSE: GEV) today announced it has been awarded two contracts by Stromnetz Berlin GmbH for the design, delivery and installation of two new high-voltage electrical substations in Wittenau and Neukölln. These grid nodes form part of Berlin’s high-voltage electricity network, helping supply power to several local substations that serve homes, businesses and public infrastructure across the city.

These 110 kV gas -insulated substations use GE Vernova’s SF₆-free g³ technology, an alternative to SF₆, which is a potent greenhouse gas widely used in high-voltage electrical equipment to provide insulation and help prevent electrical arcs. GE Vernova’s g³ technology provides the performance and compact footprint utilities need, while reducing the global warming potential of the insulating medium by about 99% compared with SF₆. 

“Europe’s electrical grids need proven technologies that support reliability, sustainability and speed of deployment,” said Frank Ennenbach, Central Europe Regional Leader for GE Vernova’s Grid Systems Integration business line. “The use of g³ technology in these projects reinforces the role of practical, scalable SF₆-free solutions in modern grid infrastructure, especially in dense urban networks where space, timing and system reliability matter. As Europe invests in strengthening and expanding its power networks, utilities need a choice of high-voltage equipment technologies that reduce overall global warming potential while still meeting real-world infrastructure requirements. We are proud to support Stromnetz Berlin in this important project for Germany’s capital.”

“As the operator of one of Europe’s largest urban gas-insulated switchgear networks, Stromnetz Berlin has an important role in supporting reliable electricity supply for the capital,” said Elena Brauns, responsible for resources and environment at Stromnetz Berlin GmbH. “With the Wittenau and Neukölln grid nodes, we are investing in infrastructure that supports Berlin’s security of supply and climate goals. GE Vernova’s SF₆-free g³ technology supports our objective to modernize the grid while reducing the environmental footprint of essential high-voltage equipment.”

As electricity demand grows and cities electrify transport, heating, buildings and industry, grid infrastructure is becoming increasingly important to economic growth and quality of life. Compact, reliable and lower-carbon high-voltage substations are especially important in dense urban environments, where space is limited and network performance is critical.

GE Vernova’s g³ technology is part of our GRiDEA^TM portfolio; solutions designed to help decarbonize power transmission. The portfolio includes SF₆-free high-voltage equipment, as well as solutions focused on reducing raw material use, extending equipment lifespan and improving grid efficiency.

GE Vernova has operated in Germany for more than a century and is a critical partner in the country’s journey toward net-zero emissions by 2045. Today, approximately 30% of Germany’s electricity is generated using GE Vernova technology. The company supports Germany’s energy transition through major power generation projects, electrification and grid reliability solutions, large-scale transmission infrastructure, and wind energy manufacturing from its Salzbergen facility.

The Wittenau project execution period is expected to extend from June 2026 to March 2031. The Neukölln project execution period is expected to extend from June 2026 to January 2032.The contract was booked in April 2026. Financial details were not disclosed.

The U.S. Energy Information Administration determined that 2024, which witnessed a raft of Category 5 hurricanes, was the worst year in a decade for U.S. power outages. The spike meant that the average utility customer was without power for 11 hours in 2024, nearly double the average of the preceding 10 years. Beyond the storms, worsening trends in wildfires and floods are raising costs for utilities, placing pressure on household budgets. 

NOVENTA DI PIAVE, Italy —June 30, 2026— GE Vernova today announced the completion of the modernization of its high-voltage research and development (R&D) laboratory at its Noventa di Piave site, near Venice, Italy. The lab tests equipment that helps electricity move safely from where it is produced to where it is needed. The project is part of a broader four-year investment of approximately $7.2 million to strengthen the site’s role in developing technologies for more reliable, flexible and resilient power grids.

As electricity demand grows and more renewable energy connects to the grid, utilities need modern equipment that can perform under more demanding conditions. The upgraded laboratory will help GE Vernova test critical equipment, including transformers and disconnectors, before it is deployed in electricity networks. 

“Reliable grids depend on technologies that have been tested, validated and proven for the most demanding operating conditions,” said Eric Chaussin, VP & CEO, Power Transmission, GE Vernova. “This investment in Noventa strengthens our ability to innovate in Italy, respond to customer needs more quickly and support the delivery of more resilient power systems for customers in Italy and around the world.”

The investment builds on GE Vernova’s continued investment across its Italian electrification footprint, including the recently announced expansion of its manufacturing capacity in Sesto San Giovanni, valued at more than $30 million.

The Noventa di Piave facility is part of GE Vernova’s Electrification segment. With more than 50 years of experience, the Noventa di Piave site has become an important part of GE Vernova’s industrial footprint in Italy. The facility currently employs more than 300 people and plans to add approximately 15 new hires annually over the coming years. The modernization project supports the site’s long-term growth, helps attract skilled talent and strengthens its contribution to the local economy.

GE Vernova’s facilities in Noventa di Piave and Sesto San Giovanni are important parts of the company’s industrial presence in Italy. Together, they bring manufacturing, research and testing capabilities that support Italy’s electricity infrastructure and serve customers in export markets around the world.

GE Vernova has supported Italy’s power sector for more than 100 years. Today, approximately 25% of Italy’s power capacity is enabled by GE Vernova technology.

The investment is part of our larger plans to invest $11B in capex and R&D from 2025 through 2028. 

Hai Phong, Vietnam | March 10, 2026 – GE Vernova (NYSE: GEV) today announced an investment of approximately $200 million to expand manufacturing capacity within its Electrification segment by establishing a new facility in Hai Phong, Vietnam. GE Vernova’s Electrification segment provides technologies that support power transmission, grid stability, and large-scale electrification programs worldwide.

This investment forms part of GE Vernova’s planned investments of $11 billion in capex and R&D from 2025 through 2028, including $1 billion for Prolec GE from 2026 to 2028. It follows GE Vernova completing the $5.3 billion acquisition of Prolec GE to increase transformer production in the North American market, more than $300 million in investments in grid facilities in the United States, and the expansion of its Stafford, UK site to strengthen HVDC and grid manufacturing capabilities in Europe.

The new facility will manufacture large power transformers mainly for High-Voltage Direct Current (HVDC) projects, complementing GE Vernova’s existing HVDC transformer manufacturing facilities in Stafford, UK, and India. These technologies are used to move electricity efficiently over long distances and ensure power networks can safely and reliably handle rising electricity demand.

“Electrification is accelerating globally, and reliable power infrastructure is increasingly essential to support economic growth and energy security,” said Philippe Piron, CEO of GE Vernova’s Electrification segment. “This investment expands our manufacturing capacity in a region experiencing strong demand growth while reinforcing a diversified supply chain that supports customers across Asia and other regions as needed. It also reflects our long-term commitment to supporting Vietnam’s industrial development.”

The Hai Phong facility is planned to be developed in phases, with full operations expected in 2028, subject to regulatory approvals. Once operational, the site is expected to contribute towards GE Vernova’s broader transformer manufacturing capacity while primarily serving growing demand across Asia.

Electricity demand growth is particularly strong in fast-industrializing and urbanizing markets, where power infrastructure expansion and modernization are advancing at pace. Locating manufacturing capacity in this region will allow the company to improve delivery timelines, strengthen supply chain resilience, and support reliable project execution.

The project is expected to create approximately 450 jobs by 2030, with a significant number planned to be filled locally. In addition, GE Vernova plans to implement workforce training and knowledge-sharing programs in Vietnam, helping build local capabilities while connecting the Hai Phong site to its global Electrification manufacturing network.

GE Vernova’s equipment supports up to 30% of Vietnam’s electricity needs, reflecting the company’s long-standing presence in the country. Today, GE Vernova employs more than 1,100 people across nine locations in Vietnam, spanning multiple businesses. In addition to the new Hai Phong facility, GE Vernova operates the Phu My repair facility and the Dung Quat HRSG manufacturing plant, which are part of the company’s broader global repair and manufacturing network serving customers worldwide.

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Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

SESTO SAN GIOVANNI, Italy (March 3, 2026) - GE Vernova Inc. (NYSE: GEV) today announced approximately $30 million investment in the expansion of its electrification manufacturing facility in Sesto San Giovanni, Italy, to support rising global demand for electrification infrastructure.

The initiative aims to increase production capacity for essential components used in power and generator transformers - bushings - which enable safe and efficient transmission and distribution of electricity. The expansion is expected to create approximately 50 new jobs in Lombardy region, primarily in manufacturing.

“With this investment, we are strengthening a strategic capability within our fastest-growing Electrification segment,” said Philippe Piron, CEO of GE Vernova's Electrification segment. “Sesto San Giovanni plays a central role in our global bushing manufacturing footprint. Expanding capacity here increases supply security for our customers and reinforces our ability to support large-scale power transmission and generation programs worldwide.”

As utilities and energy companies worldwide invest in grid upgrades and modernize power networks to meet rising electricity demand, the need for transformers and substations continues to grow, driving increased demand for bushings, which ensure this high‑voltage equipment operates reliably and safely. The project is expected to introduce additional production lines for advanced dry-type bushings, including Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) technologies, covering voltage levels up to 245 kV.

This expansion forms part of GE Vernova’s planned $11 billion investments in capital expenditures and R&D from 2025 through 2028. The announcement follows GE Vernova’s $5.3 billion acquisition of Prolec GE to increase transformer production in the North American market, more than $100 million investments in grid facilities in the United States, and the expansion of its Stafford, UK site to strengthen High-Voltage Direct Current (HVDC) and grid manufacturing capabilities in Europe.

A century of Italian engineering and manufacturing excellence

For more than 100 years, GE Vernova’s Sesto San Giovanni facility has been recognized for engineering quality and manufacturing expertise in high-voltage bushings. The site hosts GE Vernova’s Bushing Center of Excellence and designs, manufactures, and services products used in large-scale power infrastructure projects worldwide, supporting some of the highest voltage applications in the industry.

GE Vernova is a key player in Italy’s energy transition having enabled power generation in Italy for more than 100 years. Currently, approximately 25% of Italy’s power capacity is being provided using GE Vernova technology.

For more information on GE Vernova’s bushing portfolio and technology, visit the website

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Forward Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s  expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

MINNEAPOLIS (Feb. 3, 2026) — Xcel Energy (NASDAQ: XEL) and GE Vernova, (NYSE: GEV) today announced the signing of a landmark Strategic Alliance Agreement (SAA) aimed at strengthening their long-standing collaboration and advancing a shared vision for a reliable, affordable, and sustainable energy future.

View full release

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DELHI, INDIA – (23 Dec 2025) – GE Vernova Inc. (NYSE: GEV) announced that its Electrification Systems business has been awarded a contract by Power Grid Corporation of India Limited (POWERGRID), India’s national transmission utility, to refurbish the Chandrapur back-to-back High Voltage Direct Current (HVDC) link—a key 1,000 MW interconnection between the country’s western and southern grid systems. This marks GE Vernova’s first HVDC refurbishment contract in India.

Modernizing a vital interconnection between West and South India

The 1,000 MW back-to-back HVDC link plays a pivotal role in balancing regional power flows between India’s western and southern regions. Originally commissioned in the late 1990s, the link enables bi-directional energy transfer between fossil-rich and hydro-rich zones—improving dispatch efficiency and conserving regional energy reserves.

Under the new contract, GE Vernova will upgrade both 500 MW converter stations at each end - Chandrapur (Western region) to Ramagundam (Southern region) - modernizing the HVDC control and protection systems and replacing the legacy converter valves with advanced technology manufactured at GE Vernova’s facilities in India.

“This landmark contract reinforces our long-standing relationship with POWERGRID and our commitment to India’s grid modernization,” said Johan Bindele, Leader of GE Vernova’s Grid Systems Integration business and teams. “Refurbishing this HVDC link with next-generation controls and digital capabilities will not only enhance its reliability but also strengthen India’s efforts toward a secure and sustainable power system.”

Extending grid life, improving stability

Refurbishment of HVDC systems involves upgrading essential components such as converter valves, automation systems, and grid protection infrastructure, all while ensuring minimal operational disruption. The modernization is expected to extend the asset’s lifespan, enhance energy efficiency, and improve grid flexibility to handle growing renewable penetration.

Investments in refurbishment offer utilities a cost-effective way to strengthen infrastructure resilience—preserving prior capital investments while aligning with today’s energy transition needs.

Supporting India’s energy goals

India’s ambitious goal to reach 500 GW of non-fossil capacity by 2030 relies on robust, flexible transmission infrastructure. HVDC systems are essential to move large volumes of renewable power efficiently across long distances.

Refurbishing this strategic inter-regional corridor will help unlock that potential—enabling cleaner energy flows, improving system reliability, and contributing to India's long-term energy security.

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Notes to Editors:

GE Vernova booked the order in December 2025

Forward Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements address GE Vernova's expected future business and financial performance, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on business operations, financial results and financial position and on the global supply chain and world economy.