CAMBRIDGE, Mass. – October 6, 2026 – GE Vernova (NYSE: GEV) today announced its goal to double the number of MIT interns and permanent hires it brings on board in 2027, a meaningful expansion of its Alliance with the Massachusetts Institute of Technology (MIT) that underscores GE Vernova’s commitment to building the workforce of the future. The announcement was made at the MIT x GE Vernova Alliance Fall Fair, held today at Hockfield Court on the MIT campus.

“Among the students on campuses today are the engineers, innovators and future leaders who will define the next era of energy, and our job is to give more of them the opportunity to join us, grow with us, and change the world,” said Scott Strazik, CEO of GE Vernova. "MIT is one of our most important partners in that effort, and what we're building together isn't incremental – we are doubling down. We are working together to identify the very best talent and enable them to make a real impact."

The event today brings together MIT students, faculty, and GE Vernova leaders and engineers to showcase the company's research collaborations, career opportunities, and technology innovation. This year's event features 12 Alliance Year Two research poster presentations, live technology demonstrations including robotics, large voltage monitoring detection, and frontal polymerization research, and a recruiting zone staffed to support interest in 2027 internship opportunities.

GE Vernova and MIT are in the second year of their Energy and Climate Alliance, a $50 million, five-year commitment spanning breakthrough research across the entire energy ecosystem: from generating electrons to moving them around the world efficiently. Beyond research, the Alliance is designed to develop the energy sector's future workforce through fellowships, internships, and a dedicated career exploration program connecting MIT students and faculty with opportunities across GE Vernova's global teams. In 2026 the company welcomed 80 MIT interns and permanent hires.  

"The energy transition will require a generation of talent that is deeply technical, globally minded, and ready to solve problems at scale," said Steven Baert, Chief People Officer of GE Vernova. "Doubling our MIT intern and hiring numbers in a single year isn't something we're doing lightly, it's a signal of how seriously we take investing in talent early, and our commitment to building career pathways that give the best and brightest a place to do the most meaningful work of their careers."

GE Vernova recruits from a wide range of universities and engineering programs across the United States and globally as part of its broader talent and workforce development strategy.

Today's announcement reflects an urgent workforce reality outlined in GE Vernova's inaugural NextGen Workforce Study: the U.S. energy sector could need more than two million workers by 2032. To meet the massive growth in electricity demand driven by AI, data centers, and the industrial electrification surge, the study finds the industry will need one in every ten engineering graduates to join the power sector. GE Vernova's expanded MIT commitment is part of a broader effort to make those pathways visible and accessible earlier.

For more information about the GE Vernova and MIT Alliance, visit here. For more information about GE Vernova's Internship programs, visit here.

Johannesburg, South Africa – October 1, 2026 – GE Vernova and PROTEC today celebrated the graduation of 27 students from Next Engineers Engineering Academy, a global college- and career-readiness programme designed to help increase opportunities for young people in engineering. The graduation ceremony, held at The University of the Witwatersrand, Johannesburg, marks the programme’s third graduating class and highlights its contribution towards bridging the science, technology, engineering and mathematics (STEM) skills gap in South Africa, exposing learners to hands-on engineering experiences and career pathways. 

The 27 learners, representing 9 high schools across Johannesburg, were joined by their families to celebrate their achievements. Many of these learners plan to pursue engineering-related qualifications 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 and have donated over 3,700 hours locally since the programme began. 

“At GE Vernova, our mission is to electrify to thrive and decarbonise – and one of the ways that journey begins with is investing in people. Seeing these 27 graduates from the Next Engineers Academy in Johannesburg is proof of what happens when mentorship, hands-on experience and dedicated STEM education come together. Through our collaboration with PROTEC and the hands-on mentorship of our engineers, we aren’t just contributing towards filling a skills gap; we are empowering a diverse, homegrown workforce ready to solve Africa’s most critical energy challenges and shape the future of our industry,” said Joseph Anis, President & CEO of GE Vernova’s Gas Power business in Europe, Middle East & Africa and a member of the GE Vernova Foundation board.

The Next Engineers: Engineering Academy is a transformative learning experience designed for learners aged 15 to 18, teaching engineering concepts, providing career mentors and awarding scholarships to qualifying graduates. Through a rigorous 180+ hour curriculum, immersive design challenges and career coaching, participants learn to think and act like engineers. Beyond mentorship, the programme has supported qualifying graduates with over $156,000 in scholarships. Additionally, GE Vernova has awarded full bursaries for 20 additional graduates through the country’s External Bursary Programme. 

Next Engineers also offers the Engineering Discovery programme, for students ages 13 to 14, as an introduction to engineering that brings exploratory, hands-on activities. To date, the Next Engineers programme in Johannesburg has reached more than 4,600 learners.

“For PROTEC, this programme has never just been about engineering. It has been about opening doors, building confidence and helping young people believe in their own potential. Seeing our final Engineering Academy cohort graduate, and reflecting on five years of impact, is both a proud and emotional moment. The future is brighter because of the young people who have come through this programme,” said Balan Moodley, CEO, PROTEC.

STEM training and education, such as Next Engineers, are inspiring and preparing the next generation to solve global challenges while creating new pathways to opportunity. 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 $8.7 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.

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, 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.

CAMBRIDGE, Mass. (September 30, 2026) – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.50 per share quarterly dividend. The quarterly dividend will be payable on November 24, 2026, to shareholders of record as of October 27, 2026.

Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova’s earnings, financial condition, cash requirements, prospects, and other factors. 

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.

Additional Financial Information
Additional financial information can be found on the Company’s website at www.gevernova.com/investors under Reports and Filings.

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, such as statements about possible future dividend declarations and payments. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operation" sections included therein, as may be updated from time to time in our filings with the U.S. Securities and Exchange Commission and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

CAMBRIDGE, Mass. (September 1, 2026) – GE Vernova Inc. (NYSE: GEV) Chief Executive Officer and President Scott Strazik will present at the 14th Annual Morgan Stanley Laguna Conference on Wednesday, September 16, 2026, at 7:45 AM PDT. Strazik will speak to investors in a fireside chat, highlighting how GE Vernova’s platform of solutions is well-positioned to serve the growing, long-cycle electric power market.

The conference webcast and replay will be available through GE Vernova’s Investor Relations website at https://www.gevernova.com/investors/events.

Additional information

GE Vernova’s website at https://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.

CAMBRIDGE, Mass., (August 27, 2026) – GE Vernova (NYSE: GEV) today announced that Claire McDonough will join the company as Chief Financial Officer (CFO). Claire will join in November 2026 before transitioning fully into the CFO position on January 1, 2027.

The appointment of Claire concludes an extensive process to identify the right CFO for the next stage of the company’s profitable growth after Ken Parks shared his desire to retire in 2027. 

“I want to thank Ken for his impactful leadership as the first CFO for GE Vernova,” said GE Vernova CEO Scott Strazik. “He successfully leveraged his prior three public company CFO roles to build a strong foundation of financial processes while continually exhibiting a deep understanding of our business and strong ability to translate complex topics into clear and compelling messages.” Ken will continue as GE Vernova’s CFO through 2026 inclusive of the third and fourth quarter earnings calls and the publishing of the 2026 10-K and will then transition into a Strategic Advisor role in the first quarter of 2027 and retire in April of 2027. 

Claire currently serves as CFO of Rivian, a position she has held since 2021. During her tenure, she guided Rivian through its initial public offering (IPO) and has managed multiple complex, multi-billion-dollar initiatives—including Rivian’s joint venture with Volkswagen Group. She is responsible for the Company’s financial activities including financial planning & analysis, accounting, treasury, tax, and investor relations. She is also lead for Rivian’s corporate and business development, strategy, vehicle maintenance and repairs, facilities, and charging network.

“I’m incredibly excited to welcome Claire as our incoming CFO,” Strazik continued. “She brings a sophisticated blend of capital markets expertise and hands-on operational leadership. Claire is a highly disciplined, detail-oriented leader who thrives in complex, mission-driven environments. I am confident she’s the right leader for GE Vernova as we continue to grow profitably as a company and advance the future of energy.” 

Before joining Rivian in January 2021, Claire served as a Managing Director in Investment Banking and co-head of the Disruptive Commerce Group at J.P. Morgan. Prior to this, she held various financial leadership roles at Fairway Market and Credit Suisse. She has also served on the Board of Directors of AutoZone since 2025. She graduated with a Bachelor of Arts from Duke University where she was a two-sport varsity athlete. She earned her Master of Business Administration at the University of Chicago’s Booth School of Business. 

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. 

The Charleroi expansion is part of GE Vernova's broader plan to invest nearly $1.3 billion across its U.S. manufacturing facilities and research centers between 2025 and 2028 to strengthen domestic manufacturing capacity, accelerate innovation, and help meet growing electricity demand.

Today, we released our second quarter 2026 financial results. We delivered strong performance in the quarter, with significant orders and backlog growth, margin expansion, and cash generation. Given our strong first half results and continued momentum, we are increasing our 2026 financial guidance for revenue and free cash flow*. We maintain our adjusted EBITDA margin* rate of 12%-14% which implies increased adjusted EBITDA* based on higher revenue guidance.

CAMBRIDGE, Mass., (July 22, 2026) – GE Vernova Inc. (NYSE: GEV), a unique industry leader enabling the world to electrify to thrive and decarbonize, today reported financial results for the second quarter ending June 30, 2026.

“We delivered strong financial results in the second quarter as global demand for our products and solutions continues to grow. With a backlog of $176 billion, continued revenue growth and margin expansion, and significant free cash flow generation, GE Vernova’s momentum is building, and we are raising our 2026 financial guidance,” said GE Vernova CEO Scott Strazik. “We now expect to have at least 125 GW of gas equipment under contract by year-end 2026. To meet this demand, we remain on track to deliver 20 GW of annual gas turbine output in the third quarter of 2026, with 24 GW in 2028, and we are implementing actions to produce 30 GW in 2030. We are also seeing continued demand growth in Electrification, with data center orders reaching over $5 billion year-to-date, more than double our 2025 total. I am proud of how our team is executing with discipline, and I am confident there is substantial value creation ahead.”

"We had a strong first half of 2026 as we executed our financial strategy. Our backlog continued to expand driven by equipment growth at Power and Electrification, with healthy margins from favorable price and disciplined underwriting, and services growth at Power,” said GE Vernova CFO Ken Parks. “Given our significant free cash flow generation, we ended the quarter with a cash balance of $13.1 billion, up $4.3 billion in the year, even as we returned more capital to shareholders so far this year than in the full year of 2025 through our share repurchase actions and quarterly dividend payment. Based on our strong financial performance, we have increased our full year expectations for revenue and free cash flow.” 

 

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 ¹Defined as remaining performance obligation (RPO) 

*Non-GAAP Financial Measure

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press 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”, “guidance”, “outlook”, “anticipate”, “intend”, “plan”, “estimate”, “will”, “may,” and negatives or derivatives of these or similar expressions. These forward-looking statements may include, among others, statements about our future performance, anticipated growth, and expectations in our business; the energy transition; the demand for our products and services; our technologies and ability to innovate, anticipate, and address customer demands; our ability to increase production capacity, efficiencies, and quality; our underwriting and risk management; the estimated impact of tariffs; our product quality and costs; our cost management efforts; tax incentives; customer orders and commitments; project execution and timelines; our actual and planned investments, including in research and development, capital expenditures, joint ventures, and other collaborations with third parties; our ability to meet our sustainability goals and targets; levels of global infrastructure spending; government policies; our expected cash generation and management; our lean operating model; our capital allocation framework, including organic and inorganic investments, share repurchases, and dividends; our restructuring programs; disputes, litigation, arbitration, and governmental proceedings involving us; the sufficiency and expected uses of our cash, liquidity, and financing arrangements; 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:

• Quality issues or safety failures among our products, solutions, or services;
• Significant supply chain or logistics disruptions, including cost or availability of materials or components;
• Disruptions or capacity constraints at our manufacturing or operating facilities;
• Our ability to manage our costs and achieve anticipated cost savings;
• Our ability to execute and estimate long-term service obligations;
• Our ability to successfully compete;
• Our ability to innovate and successfully commercialize new technologies and manage our product cycles;
• Achieving expected benefits from strategic transactions, joint ventures, and other third-party collaborations;
• Issues with grid connectivity or our customers’ ability to sell generated electricity;
• Our ability to manage customer and counterparty relationships and contracts;
• Our ability to maintain our investment grade credit ratings;
• Our access to capital or credit markets or other financing on acceptable terms;
• Decarbonization and energy-transition dynamics; 
• Changes in energy, environmental, and tax laws and policies;
• Challenges of operating globally, including complex legal, regulatory, and compliance risks;
• Natural disasters, physical effects of climate change, pandemics, and other emergencies;
• Geopolitical events;
• Our ability to meet sustainability expectations, standards, and goals;
• International trade policies; 
• Our ability to obtain, maintain, and comply with approvals, licenses, and permits;
• Our ability to comply with laws and regulations and related compliance costs;
• Impacts from claims, litigation, regulatory proceedings, and enforcement actions; 
• Our ability to attract and retain highly qualified personnel and impacts from any labor disputes or actions; 
• Our ability to secure, deploy, and protect our intellectual property rights and defend against third-party claims;
• Foreign currency impacts;
• Our ability to realize the benefits from our separation from, and our obligations to, General Electric Company;
• Our capital allocation plans, including the timing and amount of any dividends, share repurchases, acquisitions, organic investments, and other priorities; 
• The price, availability, volatility, and trading volumes of our common stock;
• The amount and timing of our cash flows and earnings; 
• The impact of cybersecurity or data security incidents; and 
• Other changes in macroeconomic and market conditions and volatility. 

These or other uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements, and these and other factors are more fully discussed in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections included therein, as may be updated from time to time in our Securities and Exchange Commission filings and as posted on our website at https://www.gevernova.com/investors/fls. We do not undertake any obligation to update or revise our forward-looking statements except as may be required by law or regulation. This press release also includes certain forward-looking projected financial information that is based on current estimates and forecasts. Actual results could differ materially.

Additional Information
GE Vernova’s website at https://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.

Additional Financial Information
Additional financial information can be found on the Company’s website at: https://www.gevernova.com/investors under Reports and Filings.

Conference Call and Webcast Information
GE Vernova will discuss its results during its investor conference call today starting at 7:30 AM Eastern Time. The conference call will be broadcast live via webcast, and the webcast and accompanying slide presentation containing financial information can be accessed by visiting the investor section of the website https://www.gevernova.com/investors. An archived version of the webcast will be available on the website after the call.