ATLANTA, GA – (October 23, 2025) – GE Vernova Inc. (NYSE: GEV) today announced that it secured an order from the Australian independent gas producer and energy company QPM Energy Limited (“QPM”) for two of its LM6000* aeroderivative gas packages. GE Vernova’s fuel flexible aeroderivative gas turbine packages are aimed to enable the plant to use QPM’s existing gas reserves or coal mine waste gas (with at least 50% methane) that it collects.

With commissioning scheduled for mid-2027, GE Vernova turbine packages are projected to deliver up to 112 MW of electricity at QPM’s Isaac Power Station, enhancing the expansion of QPM’s existing Moranbah gas production and infrastructure assets – the QPM’s Isaac Energy Hub (IEH).

“The development of the Isaac Power Station meets the State Government’s call for more gas-fired generation as flexible, gas-fired generation is clearly essential for supporting grid stability during the energy transition,” said QPM Chief Executive Officer David Wrench.  “GE Vernova’s flexible units are anticipated to supply electricity during periods of peak demand. This daily peak generally arises after sunset, as solar generation decreases and households increase their energy usage for various activities.”                                                       

Aeroderivative gas turbine solutions, like GE Vernova’s LM6000, are built for high cycling capability, which allows power plant operators to get up and running—and on the grid—quickly. With capability to reach full power within around five minutes from start-up, LM6000 aeroderivative gas turbines have a nominal ramp rate of around 30 MW/min, providing a fast primary frequency control response for better grid support.                                                                     

“We are excited to contribute to the growth of QPM’s energy business, while supporting grid stability and reliability in Queensland as the state accelerates its transition to a more sustainable renewable powered future,” stated Ramesh Singaram, President & CEO of GE Vernova's Gas Power Business for the Asia Pacific region.

The LM6000 aeroderivative gas turbines are well-suited for both peaking and base load generation, as well as grid firming applications, offering the flexibility to start and stop multiple times per day if needed.  With over 40 million operating hours and more than 1,300 units shipped, the LM6000 aeroderivative gas turbine is a leader in the 40 to 60 MW space.

Australia has been part of GE Vernova’s heritage for more than 125 years. The Pyrmont Bridge was one of GE Vernova’s first projects in Australia, and one of the first electric-powered bridges in the world at the time, marking the start of the company’s technology and innovation in the region. Today, GE Vernova plays a central role in supporting the nation’s energy transition, with 80% of the national grid operating on GE Vernova’s electrification software, 40% of Australia’s major utilities using GE Vernova technologies, 50% of Australia’s power fleet is serviced by GE Vernova. GE Vernova’s portfolio covers all areas of the energy sector, with technologies across wind, gas, grid and digital solutions, helping Australian providers decarbonize while maintaining energy reliability and cost efficiency.

Notes to editors

Financial Editors:  Please note this order was booked in the third quarter of 2025.

Neuquen ARGENTINA (October 23, 2025) - GE Vernova Inc. (NYSE: GEV) today celebrated the opening of a new Repair Service Center in the Parque industrial Centenario, in the Neuquén Province, Argentina. The new facility marks GE Vernova’s first repair center for GE Vernova’s Aeroderivative business in Latin America and is expected to boost repair capabilities for GE Vernova’s aero derivatives gas turbines fleet based in Argentina, Brazil, Chile and Uruguay.

Owners of aero derivative gas turbines in these countries can benefit from significant improvements to lead time and delivery of repaired components in support of their outage needs. Aero derivative gas turbines will no longer need to be shipped to a repair center outside of Latin America, which may result in substantial reduction - which can be up to a year - of component delivery times.

“This project is aligned to GE Vernova plans to expand its gas turbine repair capabilities globally,” according to Luis Leal, General Manager Aero Services Americas, Gas Power GE Vernova. “By applying lean practices and advanced repair technologies, our Repair Service Center in Centenario can set a new benchmark for repair excellence. The new facility will help us to better serve our customers and ensure that our legacy equipment remains competitive, while effectively addressing the support and maintenance needs throughout southern Latin America.”

This facility will initially offer LMS100* maintenance services and is planned to expand its capabilities to include LM2500* and LM6000* gas turbines solutions by the end of 2026. By providing maintenance locally, GE Vernova will help alleviate import and export bottlenecks that have historically affected turnaround times.

With approximately 6,600 employees in Latin America, GE Vernova is serving its customers by providing solutions to help deliver a more affordable, reliable, sustainable, and secure energy future.

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Notes to editors

*Trademark of GE Vernova and/or its affiliates.

In an increasingly electrifying world, efficiency is crucial. The global energy sector is adopting HVDC (high-voltage direct current) technology for its superior capability and cost-effectiveness over long distances. HVDC systems can transmit more than three times as much power as alternating current (AC), with up to 50% fewer losses.

This week, GE Vernova shared two important updates, both of which we will discuss on today’s call.

Yesterday, we announced that we will acquire the remaining fifty percent stake of Prolec GE, our joint venture with Xignux, for $5.275 billion. The transaction strengthens our company’s position as a global grid equipment leader through a highly attractive, accretive acquisition of a leading grid equipment supplier and is expected to close by mid-2026, subject to regulatory approvals.

CAMBRIDGE, Mass., (October 22, 2025) – GE Vernova Inc. (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition, today reported financial results for the third quarter ending September 30, 2025.

“GE Vernova delivered another productive quarter with strong financial results. Our growth trajectory is accelerating and the demand environment for our equipment and services remains strong with $16 billion in backlog growth year-to-date. Our Gas Power equipment backlog and slot reservation agreements increased from 55 to 62 gigawatts sequentially, and our Electrification equipment backlog increased $6.5 billion year-to-date, to approximately $26 billion,” said GE Vernova CEO Scott Strazik. “We are leading from a position of strength and are focused on long-term growth and returns. This era of increased electricity investment has just started, and we have substantial opportunity ahead of us as we provide the solutions required to help the world electrify to thrive and decarbonize.”

"We delivered another strong quarter as we executed our financial strategy, with continued orders and revenue growth, significant margin expansion, and positive free cash flow. We expanded our backlog year-over-year and sequentially across equipment and services, with healthy equipment margin in backlog reflecting favorable price and our focus on disciplined underwriting,” said GE Vernova CFO Ken Parks. “As a result of our improving free cash flow linearity, we continued to return cash to shareholders through our share repurchase actions and quarterly dividend payment, while maintaining a healthy cash balance and solid investment grade balance sheet. We’re reaffirming our 2025 financial guidance, and we look forward to providing our 2026 financial guidance and updated outlook by 2028 at our investor event on December 9.”

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[1] Defined as remaining performance obligation (RPO) 

*Non-GAAP Financial Measure

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws that are subject to risks and uncertainties. These statements may include words such as “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “guidance”, “will”, “may,” and negatives or derivatives of these or similar expressions. These forward-looking statements include, among others, statements about the benefits we expect from our lean operating model; our expectations regarding the energy transition; the demand for our products and services; our ability to navigate the current dynamic environment; the estimated impact of tariffs; our expectations of future increased business, revenues, and operating results; our ability to innovate and anticipate and address customer demands; our ability to increase production capacity, efficiencies, and quality; our underwriting and risk management; current and future customer orders and projects; our actual and planned investments; our expected cash generation and management; our capital allocation framework, including share repurchases and dividends; operational safety; our restructuring programs and strategies to reduce operational costs; and our credit ratings.

Forward-looking statements reflect our current expectations, are based on judgments and assumptions, are inherently uncertain and are subject to risks, uncertainties, and other factors, which could cause our actual results, performance, or achievements to differ materially from current expectations. Some of the risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by forward-looking statements include the following:

• Our ability to successfully execute our lean operating model;   

CAMBRIDGE, Mass. (October 21, 2025) - GE Vernova Inc. (NYSE: GEV) today announced that GE Vernova will acquire the remaining fifty percent stake of Prolec GE, its unconsolidated joint venture with Xignux, further positioning GE Vernova as a global leader serving growing grid markets. The deal will accelerate GE Vernova's Electrification segment’s growth trajectory, the company's fastest-growing segment, by expanding its presence in and support for North America, where demand for grid technologies is rising rapidly. This acquisition expands GE Vernova’s capability to serve both North American and global customers, at a time in which these markets are experiencing rapid electricity demand growth, driven in part by the growth of data centers and new policies implemented to expand the deployment of critical grid and electrification equipment.

Prolec GE is a leading grid equipment supplier, producing transformers across most ratings and voltages with approximately 10,000 global employees across seven manufacturing sites globally, including five in the U.S. The joint venture was originally established between Xignux and General Electric (GE) in 1995, and this acquisition consolidates Prolec GE after 30 years of partnership.

"We're excited to execute this highly attractive and strategic move to acquire full ownership of our Prolec GE joint venture from Xignux, which accelerates GE Vernova's global strength in grid technologies,” said GE Vernova CEO Scott Strazik. “This acquisition aligns with our strategic and financial objectives and is also good for our customers by strengthening our presence in North America where demand for grid equipment is growing rapidly. The deal is immediately accretive before synergies, with a partner we know well, and will drive additional profitable growth for GE Vernova. I want to thank the teams at both companies and look forward to welcoming the Prolec GE team to GE Vernova."

"We have taken this decision with full conviction after years of valued partnership with GE and GE Vernova. This transaction provides the opportunity for this business and team to continue their growth under the capabilities of a global leader," said Xignux CEO Juan Ignacio Garza Herrera. "We reaffirm our commitment to México and will continue driving our other businesses in North America by investing in innovation, technology and expansion, while contributing to the development and integration of the region. I want to express my deep gratitude to all Prolec GE employees, whose talent, commitment, and dedication have been essential."

Recent Prolec GE capacity expansion and innovation investments exceed $300 million in the U.S. and Mexico, including a recently announced $140 million investment and the creation of 330 new jobs over the next three years in Goldsboro, NC.

Under the purchase agreement, GE Vernova will pay $5.275 billion at closing, expected to be funded equally between cash and debt. The acquisition is expected to close by mid-2026, subject to the completion of customary regulatory approvals.

GE Vernova will discuss the transaction during an extended third quarter earnings conference call tomorrow at 7:30 AM Eastern Time. Materials related to the transaction have been posted on GE Vernova’s Investor Relations website at www.gevernova.com/investors/events.

Stand-alone Prolec GE Financials ^-a)

Anticipated Deal Funding Structure

Morgan Stanley & Co. LLC acted as financial advisor to GE Vernova on the transaction and Skadden, Arps, Slate, Meagher & Flom LLP provided legal counsel to GE Vernova. J.P. Morgan Securities LLC advised Xignux and Sidley Austin LLP served as legal counsel to Xignux.

* Non-GAAP Financial Measure
(a – forecasts prepared by GEV from data provided by the joint venture under the joint venture’s accounting policies, excluding any expected synergies, integration costs, and purchase price accounting adjustments determined through due diligence
(b - current GEV adjusted EBITDA* includes equity method income from Prolec GE, which equaled $17M in 2022, $93M in 2023, and $105M in 2024

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About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification 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 75,000 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.

GE Vernova currently employs approximately 18,000 people in the United States of America across all 50 states. With more than 129 years of experience in Mexico, GE Vernova today employs over 1,700 people across five sites, and its equipment provides 38 GW of electricity generating capacity—nearly 42% of the country’s total—through advanced technologies including eight HA gas turbines, the Laguna Verde nuclear plant, and one of the world’s largest fleets of F-class gas turbines.

About Xignux
Xignux is a leader in the energy and food industries. Based in Monterrey, México, we manage a variety of companies that energize life and society to contribute to a better world, thanks to the hard work and talent of more than 33,000 employees in México, the United States, and Brazil. In the energy industry, Viakable offers electrical conductors, and Prolec GE specializes in energy transformation and delivery. In the food sector, Qualtia provides a wide portfolio of cheeses, cold cuts, meats, and food service, while BYDSA produces savory snacks. Through its Social Responsibility model and the Xignux Foundation, the company also contributes to society’s sustainable development with active participation in four priority areas: energy, nutrition, education, and community development. Xignux was founded 69 years ago and the solutions from its companies reach over 35 countries. Learn more about Xignux at www.xignux.com or follow us on LinkedIn Xignux.

Non-GAAP Financial Measures
Prolec GE Adjusted EBITDA* and Adjusted EBITDA margin*
Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin* are non-GAAP financial measures and are forecasts of the joint venture as a standalone business prepared by GE Vernova based on data provided by the joint venture and prepared under its accounting policies and exclude any expected synergies, integration costs, and purchase price accounting adjustments determined through due diligence. We believe that Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin*, which are adjusted to exclude the effects of unique and/or non-cash items that are not closely associated with ongoing operations, provide management and investors with meaningful measures of performance that increase the period-to-period comparability by highlighting the results from ongoing operations and the underlying profitability factors. We believe Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin* provide additional insight into how the business is expected to perform, on a normalized basis. However, Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin* should not be construed as inferring that Prolec GE’s future results will be unaffected by the items for which the measures adjust. We cannot provide a reconciliation of the differences between Prolec GE’s expected Adjusted EBITDA* and Adjusted EBITDA margin* and the corresponding GAAP financial measures without unreasonable effort due to the uncertainty and inherent difficulty of predicting the occurrence and financial impact of certain items, including the applicable tax rate, foreign exchange rates, the impacts of depreciation and amortization, and changes to conform accounting to U.S. GAAP.

Prolec GE free cash flow*
Prolec GE’s free cash flow* is a non-GAAP financial measure and is a forecast of the joint venture as a standalone business prepared by GE Vernova based on data provided by the joint venture and prepared under its accounting policies and exclude any expected synergies, integration costs, and purchase price accounting adjustments determined through due diligence. We cannot provide a reconciliation of the differences between Prolec GE’s free cash flow* and the corresponding GAAP financial measure without unreasonable effort, including due to the uncertainty of timing for capital expenditures and changes to conform accounting to U.S. GAAP.

GE Vernova Forward-Looking Disclaimer
This press release 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, our agreement to acquire Xignux's 50% GE Prolec JV interest, the expected financing for that acquisition, expected synergies, our capital allocation strategy, the expected performance of GE Vernova’s products and those it expects to acquire, 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.

BUCHAREST, Romania (October 16, 2025) - GE Vernova Inc. (NYSE: GEV) announced today that it has entered into an agreement with Greenvolt International Power to supply, install and commission 42 of its 6.1 MW–158m* onshore wind turbines to power the Ialomiţa wind farm in Ialomiţa, Romania. The wind farm will be capable of producing approximately 252 MW, supporting Romania’s goal of adding significantly more renewable energy by 2030.

The Ialomiţa deal was booked in the third quarter of 2025, and deliveries of the wind turbines for the project are scheduled to begin in 2026. The wind farms will generate enough electricity to power the equivalent of more than 110,000 homes and business annually in Romania.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said “We appreciate the confidence that Greenvolt has shown in GE Vernova’s teams and our technology.  This project reinforces the value of our workhorse product strategy and demonstrates our ability to add value for customers in Romania and across Europe.”

GE Vernova's Onshore Wind has a total installed base of approximately 57,000 turbines and nearly 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

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*Note to Editors: GEV’s 6.1 MW turbine with a 158-meter rotor is what we refer to as the 6.1 MW–158m.

MILAN, ITALY (October 15, 2025) — Italy’s energy future is at a crossroads. A new white paper from GE Vernova (NYSE: GEV), Navigating the Energy Transition: Pathways to Net Zero in Italy, shows that while the country is at risk of missing its 2030 goals, a clear roadmap can deliver both 2030 and 2050 climate targets — if decisive action is taken now.

Recent analyses across Italy’s energy sector warn the country is not on track for near-term milestones, and they set out the reasons: renewables are growing too slowly, grid capacity is constrained, and permitting remains a bottleneck. GE Vernova’s study provides a roadmap for how Italy can still meet its targets, with two quantified scenarios that highlight the choices ahead.

“2030 is Italy’s make-or-break moment,” said Jim Walsh, Vice President of GE Vernova’s Consulting Services. “This study provides a roadmap to success: the numbers, the scenarios, and the solutions that show how Italy can still achieve its decarbonization goals, while capturing the economic and industrial benefits of the transition.”

With electricity demand expected to rise by 60% by 2050 due to electrification, the study evaluates two scenarios for Italy’s power sector:

• Renewable Ambition: This pathway requires wind and solar capacity to double to 90-100 GW by 2030 and expand to approximately 200 GW by 2050. It also calls for at least 40 GW of battery energy storage, 13–17 GW of CCGTs with carbon capture, 8 GW of nuclear SMRs, and urgent completion of the Hypergrid transmission projects. This technology mix, along with some other critical permitting and regulation enablers, is a pathway that achieves both 2030 and 2050 climate targets. 

• Business-as-Usual: A slower trajectory for renewable growth combined with heavier reliance on CCS, hydrogen-capable gas, and imports. Italy may still achieve net zero by 2050 but will miss 2030, exposing the system to higher costs and greater dependency on external supply.

The grid is the decisive factor. Without accelerated transmission upgrades, renewable curtailment could reach 82 TWh annually by 2050—equivalent to approximately 16% of projected national demand. Even with Terna’s planned Hypergrid projects, additional reinforcements will be required to bridge the gap between renewable-rich southern regions and demand-heavy northern centers.

The economic stakes are significant. A slower trajectory would increase reliance on imports, heighten consumer exposure to volatile fuel costs, and may undermine Italy’s industrial competitiveness.

The full white paper is available here.

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.MILAN, ITALY (October 15, 2025) — Italy’s energy future is at a crossroads. A new white paper from GE Vernova (NYSE: GEV), Navigating the Energy Transition: Pathways to Net Zero in Italy, shows that while the country is at risk of missing its 2030 goals, a clear roadmap can deliver both 2030 and 2050 climate targets — if decisive action is taken now.

Recent analyses across Italy’s energy sector warn the country is not on track for near-term milestones, and they set out the reasons: renewables are growing too slowly, grid capacity is constrained, and permitting remains a bottleneck. GE Vernova’s study provides a roadmap for how Italy can still meet its targets, with two quantified scenarios that highlight the choices ahead.

“2030 is Italy’s make-or-break moment,” said Jim Walsh, Vice President of GE Vernova’s Consulting Services. “This study provides a roadmap to success: the numbers, the scenarios, and the solutions that show how Italy can still achieve its decarbonization goals, while capturing the economic and industrial benefits of the transition.”

With electricity demand expected to rise by 60% by 2050 due to electrification, the study evaluates two scenarios for Italy’s power sector:

• Renewable Ambition: This pathway requires wind and solar capacity to double to 90-100 GW by 2030 and expand to approximately 200 GW by 2050. It also calls for at least 40 GW of battery energy storage, 13–17 GW of CCGTs with carbon capture, 8 GW of nuclear SMRs, and urgent completion of the Hypergrid transmission projects. This technology mix, along with some other critical permitting and regulation enablers, is a pathway that achieves both 2030 and 2050 climate targets. 

• Business-as-Usual: A slower trajectory for renewable growth combined with heavier reliance on CCS, hydrogen-capable gas, and imports. Italy may still achieve net zero by 2050 but will miss 2030, exposing the system to higher costs and greater dependency on external supply.

The grid is the decisive factor. Without accelerated transmission upgrades, renewable curtailment could reach 82 TWh annually by 2050—equivalent to approximately 16% of projected national demand. Even with Terna’s planned Hypergrid projects, additional reinforcements will be required to bridge the gap between renewable-rich southern regions and demand-heavy northern centers.

The economic stakes are significant. A slower trajectory would increase reliance on imports, heighten consumer exposure to volatile fuel costs, and may undermine Italy’s industrial competitiveness.

The full white paper is available here.

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.

Let’s say you’re a developing country whose power grid is saddled with inefficient oil-fired power generation and you need to electrify quickly to meet the needs of a fast-growing economy. You might build out your solar, wind, battery storage, natural gas, or all of the above — but who can you call for help and advice?

JOHANNESBURG, South Africa (October 10, 2025) – Next Engineers, a global college- and career-readiness programme working to increase the opportunities for young people in engineering, celebrated the graduation of 43 learners from the Engineering Academy in Johannesburg, South Africa. The graduation ceremony, held at The University of the Witwatersrand, Johannesburg, marked the programme’s second graduating class and highlights its contribution towards bridging the science, technology, engineering and mathematics (STEM) skills gap in the country through exposing learners to hands-on engineering experiences and career pathways.

The 43 learners, representing 15 high schools across Johannesburg, were joined by their families to celebrate their achievements. Many of these learners plan to pursue engineering-related qualification at universities and technical institutions. Launched in 2022, PROTEC, University of Witwatersrand, and Kutitiva Foundation are the educational partners for the local Next Engineers programme. GE Vernova engineers and employees play an active role by engaging with Engineering Academy participants through hands-on, skill-based volunteering. In the 2024 calendar year, its Johannesburg-based employees donated over 680 hours to these efforts.

“We are delighted to celebrate the achievements of this year’s graduates and commend their dedication to pursuing careers in engineering,” said Matsi Eseu, South Africa HR Director for GE Vernova. “Supporting young talent through programmes like Next Engineers is central to GE Vernova’s mission. In Johannesburg, we see first-hand how these opportunities empower students to unlock their potential and contribute to solving real-world challenges. We are honored to play a role in shaping a more dynamic future for engineering in South Africa.”

Learners who complete the Engineering Academy program and enroll in a qualified engineering or engineering-related degree programme receive financial aid to support them as they continue on their paths to becoming engineers. To date, the Next Engineers programme in Johannesburg has reached nearly 4,100 learners and awarded $36,000 in scholarships to qualifying graduates. In addition, locally, GE Vernova awarded an additional $83,000 in scholarships to ten graduates through the country’s External Bursary Programme.

Dr. Nomalungelo Gina, Deputy Minister of Science, Technology, and Innovation, said: “I applaud PROTEC for its role in promoting STEM education and helping to develop a cohort of young people who represent the core of our future workforce. You have chosen to be the bridge between potential and opportunity for many young people in our country. You reach places that, for a variety of reasons, government programmes may not always reach - our rural communities, under-resourced schools, and marginalized groups. Your programmes continue to ignite curiosity, nurture the raw talent and open doors for young people who would otherwise be left behind. Your mentorships, youth clubs, bootcamps, and your efforts to bring scientific experiments and floating laboratories to those who have never seen a science laboratory in their lives is a transformative experience. You have helped a young girl in a village believe she can be an engineer and shown a boy from the township that coding is not only for those in affluent urban centres; careers in engineering are meant for them as well. Let us therefore commit, collectively, to building the science, technology, and engineering foundations that will carry our continent into a future we will co-create. As government, we are your ally; we do not see you as gap-fillers, but as catalysts for transformation.”

“We’re proud to celebrate the accomplishments of this year’s Engineering Academy graduates. Their drive and curiosity exemplify the promise of South Africa’s next generation of engineers,” said Balan Moodley, CEO of PROTEC. “We are grateful to GE Vernova for their vision and commitment in making this program possible. Together, we have helped deliver opportunities that have contributed to empowering young minds."

STEM training and education, such as Next Engineers, is helping to solve global challenges while also lifting up communities through economic opportunities. GE Vernova’s commitment to nurturing future STEM talent in South Africa extends beyond Next Engineers: through its External Bursary Programme, the company has provided comprehensive bursaries totaling $7.3 million (R128.5 million) to more than 900 beneficiaries pursuing Bachelor’s degrees in Science, Commerce, and Arts since 2020 to date. These bursaries help alleviate the financial burden for tertiary students, covering tuition, accommodation, textbooks, and monthly stipends for the duration of their studies.

For more information about Next Engineers and the Engineering Academy, visit NextEngineers.org.

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About Next Engineers
Next Engineers, a program originally funded by the GE Foundation in 2021, now known as the GE Aerospace Foundation, is a college- and career-readiness program dedicated to inspiring and preparing the next generation of engineers. Through innovative programs, mentorship, and community partnerships, we empower young minds to shape a better future through engineering.

About GE Vernova​
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification 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 75,000 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, GE Vernova in Middle East & Africa, and LinkedIn.

The GE Vernova Foundation supports the Next Engineers in Johannesburg, South Africa under an arrangement with the GE Aerospace Foundation.

About PROTEC
PROTEC was established in 1982 by a group of engineers from the South African Institute of Civil Engineers to respond to the challenges facing the education system and to address representation across all socio-economic and racial groups in STEM careers. To date, PROTEC has seen more than 40,000 learners complete the Learner Excellence Programme. Based in Randburg, PROTEC has 17 branches and projects in 6 out of the 9 provinces. Our aim is to extend the programme to all 9 provinces. The programme targets learners from Grade 4 to Grade 12 in specifically Science, Mathematics, and English. Teachers who teach these subjects as well as coding and robotics, benefit from development and support that uses a centre-based and classroom support model. Find us on www.protec.org.za, Facebook, LinkedIn and Instagram.