TOKYO, Japan (September 15, 2026) – GE Vernova (NYSE: GEV) announced today that its Onshore Wind business has signed an agreement* with Eurus Energy Holdings Corporation (Eurus Energy) to supply seven 4.2 MW-117m** wind turbines for the 29.4 MW Eurus Hiyamizutouge Wind Farm in Mutsu City and Higashidori Village, Aomori Prefecture, Japan. The deal includes a two-year service agreement with an option for a two-year extension.

The 4.2 MW-117m turbines are part of GE Vernova’s workhorse 4 MW platform, with over 2 million operating hours, this turbine has been specifically engineered to deliver high-output, reliable performance in Japan’s unique wind conditions. 

"We are pleased to partner once again with Eurus Energy to bring the Hiyamizutouge project to life," said Gilan Sabatier, Chief Commercial Officer of Onshore Wind, International Markets at GE Vernova. "Our 4 MW platform is well-suited to the Japanese landscape, offering the durability and efficiency required to maximize the country’s wind potential. GE Vernova technology currently powers 25% of Japan's installed wind capacity, and we remain dedicated to supporting the nation’s energy transition."

Masaru Akiyoshi, Representative Director and Executive Vice President, Eurus Energy said, “We are pleased to once again partner with GE Vernova on a renewable energy project in Japan. We are grateful to the people of Mutsu City and Higashidori Village, the administrative agencies, and all stakeholders for their support. We look forward to building this new wind farm in Aomori together and contributing to Japan’s renewable energy goals through our continued collaboration”.

This project contributes to Japan’s ambitious goal of generating 36–38% of its electricity from renewable sources by 2030. GE Vernova and Japan's Ministry of Economy, Trade and Industry (METI) launched a joint focus group on June 10, 2025, aimed at addressing challenges and opportunities and deepening collaboration in energy security and innovation.

This announcement follows a period of strong momentum for GE Vernova in Japan, where the company has secured 339 MW of orders in 2025 across a diverse customer base, including established utilities and emerging independent power producers. GE Vernova and its technologies contribute significantly to Japan’s overall electric capacity, accounting for around 50% of the country’s installed Heavy-Duty Gas Turbine power generation capacity and 25% of the country’s onshore wind capacity. 

GE Vernova's Wind segment’s portfolio reflects a deliberate workhorse strategy — standardized, industrialized machines engineered for repeatable execution and long-term reliability. With more than 59,000 turbines operating globally, its experience informs every product it designs, manufactures, and deploys.

Edinburgh, Scotland (September 3, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement* with ESB (Electricity Supply Board) to supply 16 units of its 6.1 MW-158m** onshore wind turbines for the 96 MW Chleansaid Wind Farm in the Scottish Highlands. The deal, which features a 20-year services agreement, uses turbines manufactured in Germany. With more than 1,800 turbines deployed across a wide range of applications and over 38 million operating hours, GE Vernova’s 6 MW products deliver versatility, dependability, and reliable lifetime performance. 

All the turbines at this project will use GE Vernova’s proven split-blade technology that allows logistically challenging projects to unlock the advantages of a larger rotor and greater energy production. This technology facilitates the transport of larger blades to challenging, remote locations, ensuring maximum efficiency and energy capture. 

This project reinforces the long-standing strategic relationship between GE Vernova and ESB, further supporting the UK’s goal of decarbonizing the power grid and expanding renewable capacity in Scotland. GE Vernova has also provided equipment for ESB through its Power and Electrification segments.

Gilan Sabatier, GE Vernova’s Chief Commercial Officer for Onshore Wind, international markets, said, "We are delighted to extend our support for ESB by supplying turbines for the Chleansaid Wind Farm. This will be the first use of our workhorse 6MW turbine in the UK, building on our existing UK footprint and installed base. By delivering our 6 MW workhorse platform with our proven split-blade technology, we are enabling ESB to maximize the production at this site."

Paul Lennon, Head of Renewables and Scottish Renewables Board Member, ESB, said, "Chleansaid marks a significant milestone for ESB as our first wholly developed onshore wind project in Scotland and is a significant step in delivering our renewable energy ambitions. Working with GE Vernova, we are proud to move the project into construction and support the transition to a secure energy future." 

GE Vernova's Wind segment’s onshore portfolio reflects a deliberate workhorse strategy — standardized, industrialized machines engineered for repeatable execution and long-term reliability. With more than 59,000 turbines operating globally, its experience informs every product it designs, manufactures, and deploys.

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. 

CHEVY CHASE, Maryland and WILMINGTON, North Carolina (August 13, 2026) – Blue Energy, a vertically integrated deployment platform for financeable, prefabricated nuclear power plants and GE Vernova Hitachi Nuclear Energy (GVH), today announced the signing of an agreement that launches the next phase of their collaboration to deploy a 2.5 GW gas-plus-nuclear power plant in Texas. 

This agreement advances engineering design, licensing, and safety analysis of the Victoria, Texas, project that will deploy both GE Vernova 7HA.02 gas turbines and GVH BWRX-300 SMRs, subject to a final investment decision in 2027. The agreement represents a significant step forward for Blue Energy’s strategic pairing of natural gas and nuclear generation to help meet surging U.S. electricity demand driven by artificial intelligence and advanced manufacturing. 

Blue Energy’s integrated approach to prefabrication, transportation, and assembly – the “Blue Way” – builds on the standardized, modular design of the BWRX-300 to support execution certainty by enhancing schedule, costs and project delivery predictability through innovative logistics, off-site fabrication and super modules assembly. 

“This agreement with GE Vernova Hitachi keeps Blue Energy confidently moving forward to build our nuclear energy production line that will unlock the promise of abundant nuclear energy,” said Jake Jurewicz, Blue Energy CEO and co-founder. “We are shifting from the old way of building large reactor nuclear power to instead do it the ‘Blue Way’ that slashes costs and time to power and finally makes nuclear a financeable, repeatable product.”

With its innovative gas-plus-nuclear strategy, Blue Energy will initially power a nearby data center with approximately 1 gigawatt of power using two GE Vernova gas turbines in 2030 and then add another 1.5 gigawatts of power from up to five GE Vernova Hitachi SMRs beginning in 2032. 

“Meeting the surging demand for electricity requires proven, scalable technologies and the ability to bring them together as integrated solutions,” said Eric Gray, CEO, GE Vernova’s Power segment. “Our work with Blue Energy combines GE Vernova’s flagship HA gas turbine technology with GE Vernova Hitachi’s advanced nuclear SMR technology, while supporting Blue Energy’s innovative project model. Together, we are establishing a blueprint for deploying reliable baseload power at the scale and speed customers need.”

The first BWRX-300 is currently under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected by the end of the decade, which will make it the first grid-scale SMR in the Western world. 

For more information, including a video of Jake Jurewicz and Jason Cooper, CEO, GE Vernova Hitachi Nuclear Energy, click here. 

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About GE Vernova Hitachi Nuclear Energy

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi Ltd., is a world-leading provider of nuclear services and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.

About Blue Energy

Founded in 2023, Blue Energy is a vertically integrated deployment platform for financeable, turnkey nuclear power plants compatible with leading reactor technology. Our proprietary lower cost of capital solution and offsite pre-fabrication accelerates new nuclear deployment – making it predictable, faster and more affordable. We will deliver baseload power competitive with fossil fuels and renewables to meet unprecedented global demand. Blue Energy's world-class team has extensive experience in nuclear construction, licensing, engineering, and development. We stem from MIT's Nuclear Science & Engineering Department and are backed by VXI Capital, Engine Ventures, At One Ventures and Tamarack Global. Visit www.blueenergy.co or follow us on LinkedIn.

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.

New Delhi, India (August 4, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement* with Enfinity Global to supply 43 of its 3.8 MW–154m** onshore wind turbines for their Fatehgarh Wind Farm in Rajasthan, India. Deliveries for the project are expected to begin in the fourth quarter of 2026. 

The deal includes turbine supply and installation and demonstrates the commitment of both companies to contribute to India's ambitious plans to build more renewable energy. With a 4 GW renewable portfolio in India and approximately 300 MW already in operation, Enfinity Global is delivering renewable energy at scale across one of the world's fastest-growing markets, helping meet rising electricity demand through a diversified portfolio that includes solar, wind and energy storage solutions. 

Deepak Maloo, General Manager of GE Vernova’s Onshore Wind business in India, said: “We are grateful for the chance to work with Enfinity Global to help meet India’s ambitious wind power goals. The 3.8 MW–154m turbine being used is designed to deliver efficiency, reliability, and strong performance for India’s wind conditions. With ALMM certification and local manufacturing in Pune, we are well positioned to support Enfinity Global and other customers working to develop projects that will enable India to achieve its 500 GW renewable energy ambition.”

Commenting on this partnership, Sandip Agarwal, CEO India at Enfinity Global said, “This partnership with GE Vernova is built on shared values and a common commitment to accelerating India's energy transition. By combining world-class technology, innovation, and expertise with deep local market knowledge, the partnership brings together two leading global energy companies with an unwavering commitment to quality, health and safety, and strong governance.”

Turbines for the project will be manufactured at GE Vernova’s Pune facility, which serves as a cornerstone of the company’s 'Make in India' strategy with an annual capacity of up to 1,500 MW. As India accelerates toward its ambitious target of 100 GW of wind capacity by 2030, GE Vernova will leverage its local footprint—including its Bengaluru Technology Center and Vadodara blade plant—to deliver the sustainable and affordable energy solutions required to power India’s economic growth.

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.