A high-rise Central Bank Tower under construction in Baghdad. A new port in Basra. A transborder road network that could be the next gateway between Asia and Europe. At construction sites across Iraq, cranes and backhoes are marking a new chapter in the country’s future: After a period of conflict and unrest, Iraq is moving forward to reclaim its economic potential.

CAMBRIDGE, Mass. (April 7, 2025) – GE Vernova Inc. (NYSE: GEV) is scheduled to release its first quarter 2025 financial results on Wednesday, April 23, 2025, before market open. GE Vernova CEO Scott Strazik and GE Vernova CFO Ken Parks will discuss the company’s financial results in a webcast at 7:30 AM ET, which can be accessed at www.gevernova.com/investors/events/ge-vernova-1st-quarter-2025-earnings-webcast.

The earnings press release and supplementary financial information, including reconciliations of non-GAAP financial measures, will also be posted at the same link on the GE Vernova Investor Relations website. A replay of the call will be made available as a direct download on GE Vernova’s website at www.gevernova.com/investors/events.

Additional Information
GE Vernova’s website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as information is updated, and new information is posted. Investors are also encouraged to visit GE Vernova’s LinkedIn and other social media accounts, which are platforms on which the company posts information from time to time.

TOKYO, Japan (April 3, 2025) - GE Vernova’s Onshore Wind business announced today that the Abukuma wind farm has begun producing power after reaching its Commercial Operation Date (COD). The 147 MW wind farm is powered by 46 3.2 MW–103m* onshore wind turbines.

The Abukuma wind farm is part of Fukushima Fukko Furyoku, LLC, a joint venture established by a consortium of nine companies, led by Sumitomo Corporation, to develop and operate onshore wind power projects in the Abukuma area of Fukushima as part of the prefecture's reconstruction efforts. The project, under the leadership of Sumitomo Corporation, exemplifies successful international collaboration in support of Japan’s renewable energy expansion, combining GE Vernova’s advanced technology and project leader, Toshiba Corporation’s strong execution capabilities.

The Abukuma wind farm, located in the Abukuma area, is the largest onshore wind farm in Japan. It provides enough electricity to power the equivalent of 120,000 Japanese households. This project plays a pivotal role in advancing Fukushima’s reconstruction efforts following the 2011 incident, contributing to economic revitalization and energy resilience in the region.

The project supports Japan’s goal of increasing the share of the national electricity mix from renewable energy from 40% to 50% by 2040 towards positioning renewable energy as the country’s main power source, as outlined by the Ministry of Economy, Trade and Industry’s 7th National Electricity Mix. The announcement represents the fifth time that GE Vernova has announced an order or milestone in Japan since the beginning of 2024 and the wind farm is part of 1.8 GW of energy being supplied in the country by GE Vernova wind turbines.

David Hardy, Chief Commercial Officer for GE Vernova’s Wind segment, said: “We are pleased to announce the start of operation of this critically important wind farm for Japan along with our consortium members. The Abukuma wind farm is powered by technology that is developed to minimize environmental impact and cope with extreme weather conditions in Japan, reinforcing our commitment to supporting our customers in meeting Japan’s ambitious renewable energy and wind power goals.”

"We are proud to have accomplished this meaningful project together with GE Vernova in Fukushima. We believe this wind farm will contribute to the region’s economic development for years to come, generating local employment opportunities and other positive impacts. From a decarbonization perspective, we also see this project as helping Fukushima Prefecture become a leading region in the adoption of renewable energy on the global stage." said Hirano Takayuki, Representative, Fukushima Fukko Furyoku, LLC.

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

*Note to Editors: GE Vernova’s 3.2 MW turbine with a 103 meter rotor is what we refer to as the 3.2 MW–103m.

CAMBRIDGE, MA (April 2, 2025) – On the one-year anniversary of its spin-off from General Electric, GE Vernova is launching its first-ever global brand campaign, "The Energy of Change". This visually striking, emotionally charged initiative highlights the opportunity, progress and momentum happening across the energy sector today. The campaign focuses on relentless optimism and how it is essential to innovation and delivering the critical energy technologies the world needs right now, as energy demand is expected grow by more than 50% in the next 20 years.

“At GE Vernova we know that breakthrough ideas require resilience, grit and a commitment to never giving up and seeing new ways forward - it’s how we’ve advanced our technology for more than 130 years,” said Kristin Carvell, GE Vernova Chief Communications Officer. “We are thrilled to debut our global brand campaign and celebrate the spirit and impact of relentless optimism and how it drives us as we continue our work to run the world on smarter energy every day.”

At the heart of the campaign is a bold, fast-paced film that symbolizes forward progress and showcases the technologies that are shaping the future of energy across each of GE Vernova’s three business segments: Power, Wind and Electrification. The Energy of Change campaign showcases the journey of innovation and how world-shaping change isn’t easy. As the film demonstrates, it’s about “fixing things, changing things, changing the way we fix things” – a virtuous cycle of continuous improvement and real action that drives results. The campaign uses the Japanese art of kintsugi – the art of breaking and repairing to create a more beautiful object - to symbolize the power of resilience and the art of the possible in the innovation process.

GE Vernova’s entrepreneurial edge is embedded in its name. GE Vernova retained its treasured legacy “GE” in the name as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of energy that GE Vernova is delivering.

The campaign also features three GE Vernova teammates from around the world representing each of its three business segments and a range of its technologies from the portfolio. GE Vernova’s cultural operating principles are symbolically woven throughout the film – its prioritization of safety (safety goggles vignette), its lean operating model focused on continuous improvement (kintsugi vignette) and a commitment to a One Team approach (abstract ‘motion art’ particles coming together to drive forward progress).

Launching today, the campaign will roll out globally across a mix of broadcast, streaming, out-of-home (OOH), social, and digital with major media placements timed around the NCAA’s March Madness tournament and will drive traffic to gevernova.com.

The campaign was developed in collaboration with Droga5 and Accenture Song Sustainability.

View the film and campaign: https://vernova.is/energyofchange

Homer City, PA (April 2, 2025) – Today Homer City Redevelopment (HCR) and Kiewit Power Constructors Co. (Kiewit) announced the future of the former Homer City Generating Station. Homer City – previously the largest coal-burning power plant in Pennsylvania – will be transformed into a more than 3,200-acre natural gas-powered data center campus, designed to meet the growing artificial intelligence (AI) and high-performance computing (HPC) needs of the innovative technology companies shaping America’s digital future.

View the full release here: https://www.homercityredevelopment.com/post/former-homer-city-pa-coal-plant-officially-reopens-as-state-of-the-art-natural-gas-facility

Renderings of the Homer City Energy Campus available here: www.homercityredevelopment.com

April 2 marks the one-year anniversary of GE Vernova, a purpose-built innovation company dedicated to electrifying and decarbonizing the world’s energy system. Drawing on more than 130 years of experience tackling the world’s energy challenges, the company’s installed base produces about 25% of the world’s electricity, from wind and hydropower to gas-powered and grid solutions. The company built a solid foundation for a strong and sustainable future in its first year.

CAMBRIDGE, MA (March 31, 2025) – GE Vernova and the Massachusetts Institute of Technology (MIT) have entered into a new strategic alliance aimed at advancing cutting-edge energy technologies and fostering the next generation of power industry leaders. The new collaboration cements a growing relationship between the two world-class research, innovation, and technology institutions since GE Vernova opened its Cambridge-based global headquarters. It will support groundbreaking research, innovation, and talent development in the energy sector.

As part of this alliance, GE Vernova will provide $50 million over five years to fund research initiatives, student fellowships, and internships, as well as educational and professional development programs for GE Vernova leaders. The partnership will be managed through MIT’s Office of Strategy, bringing together faculty, researchers, and students to address some of the most pressing challenges in energy and climate technology.

“This alliance embodies the spirit of the MIT Climate Project—combining cutting-edge research, a shared drive to tackle today’s toughest energy challenges, and a deep sense of optimism about what we can achieve together,” said Sally Kornbluth, President of MIT. “With the combined strengths of MIT and GE Vernova, we have a unique opportunity to make transformative progress in the flagship areas of electrification, decarbonization, and renewables acceleration.”

“It’s a privilege to combine forces with MIT’s world class faculty and students as we work together to realize an optimistic, innovation-driven approach to solving the world’s most pressing challenges,” said Scott Strazik, GE Vernova CEO. “Through this alliance, we are proud to be able to help drive new technologies while at the same time inspire future leaders to play a meaningful role in deploying technology to improve the planet at companies like GE Vernova.”

Advancing research in three flagship areas
Beginning in September 2025, the alliance will launch a series of research projects tackling three flagship areas critical to the future of energy:

• Electrification: Building the “grid of the future” by integrating renewables, enhancing grid resiliency with cutting-edge hardware and software, and strengthening cybersecurity for critical energy infrastructure.
• Decarbonization: Meeting the world’s growing needs for electricity while accelerating breakthroughs in carbon-free energy solutions, including next generation nuclear technologies, hydrogen and ammonia; and advancing carbon capture technologies.
• Renewables acceleration: Driving innovation in wind power, energy storage, and AI-driven operational optimization to improve efficiency, reliability, and scalability.

The alliance will fund approximately 12 projects annually. Additionally, three master’s students per year in MIT’s Technology Policy Program will conduct policy research culminating in published white papers.

Investing in the future energy workforce
Beyond research, the collaboration will play a vital role in developing the energy sector’s future workforce. Through fellowships, research support, and internships, MIT students will gain hands-on experience at GE Vernova’s global facilities tackling real-world energy challenges. A dedicated GE Vernova recruitment and networking program will further connect students and faculty with industry opportunities.

To foster interdisciplinary dialogue, MIT and GE Vernova will host an annual symposium on the MIT campus, bringing together thought leaders, students, and industry experts to present research results and explore cross-cutting solutions in energy, climate, and technology policy.

ATLANTA, GA (March 31, 2025) – GE Vernova Inc. (NYSE: GEV) today announced its next generation of mobile aeroderivative gas turbines, “power plants on wheels” delivering

reliable and efficient power anywhere, whether on or off the grid. The new TM2500* Dry Low Emissions (DLE) is GE Vernova’s waterless, mobile 34MW power plant that offers higher-efficiency performance, up to 39 percent efficiency, with reduced NOx emissions and waste.

The mobile power solutions trend is being driven by a variety of factors. The global energy access gap worsens as population growth outpaces new connections: 76 million people are living without electricity access. The vast majority of that growth will happen in areas where the power grid is either very weak or does not exist at all. Another major driver is the need for emergency power for utilities, municipalities, datacenters and other industries. These industries rely on a stable power supply to grow and evolve. Finally, in an increasing number of countries, utilities are investing in rapid, highly mobile technology that can quickly bridge the power gap during blackouts, energy shortages or even natural disasters.

“The development of a decentralized energy network, where electricity is generated close to, or at, the point of use, also drives efficiency by reducing or eliminating energy losses from transmission and distribution, thus delivering both economic and environmental benefits.

With this new solution we are committed to offering customers across the world greater fuel and operational flexibility, coupled with increased sustainability,” said Clive Nickolay, CEO of GE Vernova’s Gas Power Aeroderivative business line. “The TM2500 DLE offers the same reliability of earlier models, but it is the first to operate without water and without any aftertreatment in emissions, as it produces lower nitric oxide (NOx), carbon monoxide (CO), and particulate matter (PM) emissions –compared to the previous mobile solutions and almost no methane slip.

The modular TM2500 DLE’s is more compact and easier to ship. It is on a two-trailer frame that offers on-site flexibility and boasts a 30-day lead time from contract to commissioning. Once installed, the TM2500 DLE has a five-minute fast start cycle, ideal for rapid response to sudden changes in power demand or grid stability. The unit’s mobility and speedy start up cycle allow the unit to meet a variety of needs in multiple locations – well-suited to grid-firming, construction, or the sudden shifting demands of emergency and natural disaster response.

GE Vernova’s TM2500 DLE builds on the proven reliability of earlier generations of mobile gas turbines which have been proving their versatility and reliability for 140 million accumulated hours of operation. The unit is fuel flexible, running on gas, liquid fuel, or hydrogen blend, to help operators to generate reliable power, despite possible fuel supply challenges or fluctuating costs. 

ATLANTA, GA  (March 28, 2025) – GE Vernova Inc. (NYSE: GEV) today announced that it secured an order from the municipal utility of Springfield City Utilities, Missouri (CU) for three units of its innovative LM6000VELOX* aeroderivative gas turbine packages aiming to expand electric generation capacity at CU’s 100 Megawatt (MW) McCartney Generating Station, located in Springfield, Greene County, Missouri.

Increasing electricity demand, aging power generation units, and extreme weather events have led to increases in the amount of CU’s required for power generation capacity, known as a Planning Reserve Margin (PRM). A PRM is the power capacity required beyond projected demand to ensure reliability during peak usage or unexpected outages. By 2026, CU will be required to maintain a PRM of 36% during winter months, a significant increase from the current 15%. This means CU must have 36% more power generation capacity than what is required to serve Springfield’s electric load to help mitigate unexpected disruptions.

The three GE Vernova aeroderivative units are expected to inject an additional 150 MW of reliable and flexible capacity with the new aeroderivative gas turbine packages to help ensure grid stability with high efficiency. Once online, the aeroderivative gas turbines are expected to become CU’s most efficient generators with the capability to burn two types of fuel (natural gas with a fuel oil/diesel as a backup) in case of emergency events. The plant is estimated to start operations in 2027.

“This investment is another step in ensuring Springfield’s energy reliability for the future,” said Warren Brooks, V.P. of Electric Operations at City Utilities. “We trust GE Vernova’s units will help us quickly meet demand during peak energy usage. This project is aligned to our broader strategy to address future power supply needs through affordable, reliable, and innovative solutions.”

GE Vernova’s LM6000VELOX packages are developed using proven LM6000* aeroderivative gas turbine technology which is well-known in the power generation industry for its quick start time and ramp-up to full power in as little as 5 minutes, high cycle life helping to complement intermittent power from renewable sources, and operational flexibility.

The LM6000VELOX package was developed to reduce the installation and commissioning schedule of LM6000* aeroderivative gas turbines by up to 40% and save up to 4,000 labor hours.

“With increasing power generation demand driven by growing electrification needs and more renewables coming online every day, operators and municipalities, like City Utilities, need to ensure grid reliability with high efficiency, while delivering cheaper and faster power for their end users” said Dave Ross , CEO of GE Vernova’s Gas Power Americas region. “We are excited to work with City Utilities to contribute to the expansion of their McCartney Power Generation Station with our highly efficient, reliable, fast and flexible technology.”

LM6000 gas turbines are part of an installed base of nearly 1.200 units across approximately 60 countries. In a Singular Annular Combustor (SAC) configuration, these units have the capability to burn up to 100% hydrogen by volume, thereby reducing CO2 emissions from power delivered by a gas turbine.

*Trademark of GE Vernova and/or its affiliates