In the early hours of October 25, 2023, residents of Acapulco watched Hurricane Otis gather strength offshore. Forecasts had suggested a manageable storm. Instead, within less than 12 hours, Otis intensified from a Category 1 to a Category 5, with gusts exceeding 165 miles per hour.

RIMINI, Italy (March 4, 2026) - GE Vernova Inc. (NYSE: GEV) announced today that it has been selected by one of the leading national operators in the field of renewable energy IVPC Group, one of the leading national operators in the field of renewable energy, to provide 17 units of its 6.1 MW-158m* onshore wind turbines for a new wind farm in Fortore, Benevento, Italy. The over 100 megawatts (MW) project was one of the largest wind farms awarded during an auction held by Italy’s energy agency, Gestore dei Servizi Energetici (GSE), in December 2025.

As part of the agreement, which was booked in the fourth quarter of 2025, GE Vernova is expected to provide a customized Operations and Maintenance (O&M) solution where IVPC and GE Vernova will collaborate on the delivery of the transactional maintenance activities. Deliveries for the 17 turbines are scheduled to begin in the second quarter of 2027.

The Fortore wind farm will utilize GE Vernova’s 6 MW workhorse platform, featuring two-piece blade technology. This configuration is specifically engineered to improve transportability and enable access to complex sites, while maximizing energy production.

This new Fortore order follows a key milestone in GE Vernova’s collaboration with IVPC Group: the recent installation of the first Cypress 6.1 MW wind turbine in Italy at IVPC’s Montefalcone wind farm. The installation marks the start of a multi‑turbine repowering project, with up to five turbines being upgraded to significantly increase output and extend the life of the existing wind farm. Together, the repowering at Montefalcone and the Fortore greenfield project underscore the strength of GE Vernova’s long‑term collaboration with IVPC Group and its growing role in supporting Italy’s renewable energy and repowering ambitions.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said: “We are honored to extend our collaboration with IVPC Group on the Fortore wind farm. The project strengthens our presence in the country and our commitment to the European energy transition, while highlighting how our 6.1 MW–158m technology gives operators a competitive edge in auctions through large-scale, sustainable energy delivery. We look forward to continuing our strong collaboration with IVPC as we support Italy’s energy transition goals.”

Oreste Vigorito, Owner and President of the IVPC Group said: “Building on the success of the Monfalcone project, we continue to choose GE Vernova for the flexibility of its service model—allowing us to lead transactional maintenance—and for its advanced split‑blade technology, which enables deployment in locations with logistical constraints.”

GE Vernova's Onshore Wind business has a total installed base of approximately 59,000 turbines and nearly 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 that drive decarbonization through high-quality, more affordable, and sustainable renewable energy.

GE Vernova is actively engaged in Italy and is currently delivering and installing around 135 MW. GE Vernova’s Wind Service Team supports customers through the Center of Excellence in Troia (Foggia) and additional sites nationwide, reducing downtime and ensuring optimal performance. With a solid local presence and strong execution capabilities, GE Vernova actively supports the development and repowering of wind farms through strategic collaborations in transportation and installation.

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.

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*Note to Editors: GE Vernova’s 6.1 MW turbine with a 158-meter rotor is referred to as the 6.1 MW-158m.

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

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

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

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

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

A century of Italian engineering and manufacturing excellence

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

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

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

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

WASHINGTON D.C. (February 24, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) and Orlen Synthos Green Energy (OSGE) have signed an agreement to advance the Polish generic design of the BWRX-300 small modular reactor (SMR). The Poland Generic Design Agreement (PGDA) was signed during a ceremony today in Washington D.C. Participants included U.S. Deputy Secretary of Energy James Danly, Poland’s Minister of Energy Miłosz Motyka, Government Plenipotentiary for Strategic Energy Infrastructure and Deputy of Minister of Energy Wojciech Wrochna, as well as representatives from GVH, OSGE and SGE.

Following the contract signature, OSGE will invest in the development of a detailed BWRX-300 design that will serve as a reference design for SMR projects in Poland.

“This agreement sends a strong signal that the U.S. commitment to Poland’s energy security remains steadfast,” U.S. Deputy Secretary James Danly said. “The Intergovernmental Agreement with Poland anchors our civil nuclear cooperation and provides a valuable framework to foster public-private partnerships strengthened today.”

“Poland has the potential to become a European leader in Small Modular Reactor (SMR) technology,” Polish Minister of Energy Miłosz Motyka said. “A further decisive step toward that objective has just been taken. To ensure a stable, zero-emission power system and predictable market conditions for industry, we are advancing in parallel both large-scale nuclear power plants and small modular reactor technology. SMRs provide critical baseload support for energy-intensive industries, contribute to price stability for end-users, and represent a powerful growth stimulus for the Polish nuclear supply chain. In the context of steadily increasing electricity demand, the deployment of both technologies is essential.”

“This is a decision of strategic importance for Poland’s energy transition,” Polish Secretary of State at the Ministry of Energy Wojciech Wrochna said. “The generic design constitutes the cornerstone for building a standardized reactor fleet under a repeatable deployment model. Standardization translates into lower unit capital expenditures and enhanced cost competitiveness. It also creates a significant opportunity to strengthen domestic industrial capabilities and to secure meaningful participation of Polish companies in the execution of advanced nuclear technology projects.”

“This investment by OSGE is a game-changer for the future of nuclear energy in Poland,” said Jason Cooper, CEO, GVH. “Advancing the generic design of the BWRX-300 to accelerate its deployment in Poland is another example of what can be achieved with shared vision and investment.” 

“The agreement concluded today provides for the design of a nuclear power plant in accordance with Polish regulations,” said Rafał Kasprów, CEO of OSGE. “It will be applicable to the deployment of a fleet of BWRX-300 reactors across multiple locations in Poland. This project approach, which forms a core element of OSGE’s strategy, will enable significant cost reductions through design standardization and the development of a robust supply chain. As a result, it will lower the cost of electricity for the Polish power system and, ultimately, for end consumers.”

Momentum around the BWRX-300 continues to build globally. The first BWRX-300 is 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 small modular reactor in the Western world. Key components like the reactor pressure vessel are being manufactured, and site construction is progressing according to plan. The U.S. Nuclear Regulatory Commission has accepted and is reviewing Tennessee Valley Authority’s (TVA) application to construct the first BWRX-300 in the U.S. at the utility’s Clinch River site in Oak Ridge, Tennessee. These developments, and others, support GVH’s progress and leadership in scaling and deploying SMRs commercially to customers around the globe.

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About GE Vernova Hitachi Nuclear Energy
GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, 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 Orlen Synthos Green Energy
ORLEN Synthos Green Energy (OSGE) was established by ORLEN S.A. and SGE. The company plays a leading role in the deployment of modular nuclear reactors in Poland, aiming to contribute to the effective decarbonisation of the power generation, heating and industrial sectors. OSGE’s mission is to build a fleet of BWRX-300 reactors designed by GE Vernova Hitachi Nuclear Energy, which will become an important part of the country’s energy mix, providing households and industry with stable zero-carbon electricity. OSGE’s project in Poland is part of a broader European fleet deployment led by SGE. For more information, visit X (Twitter) platform @ORLEN_Synthos and LinkedIn.

About SGE
SGE is a European SMR development platform founded in 2018 and based in Warsaw Poland. The company is a co-investor in the standard design for the world’s most commercially advanced SMR technology: the BWRX-300, designed by GE Vernova Hitachi Nuclear Energy. The combination of this proven technology with a disruptive business model has allowed SGE to become Europe’s leading developer of SMR projects. Currently, SGE is establishing partnerships and projects in more than a half-dozen European countries. Their flagship project is in Poland, where, in cooperation with global energy leader ORLEN, they have begun development at three separate sites and are on schedule to complete the first unit by 2032.

WILMINGTON, North Carolina (February 19, 2026) – Global Nuclear Fuel (GNF, a GE Vernova-led alliance with Hitachi, Ltd. and affiliate of GE Vernova Hitachi Nuclear Energy (GVH)) and ENUSA today announced the awarding of a contract to provide fuel reloads for Vattenfall’s Forsmark Nuclear Power Plant in Sweden.

The new fuel supply contract was awarded to GENUSA, which is jointly owned by GNF and ENUSA, and runs from 2028 and includes several reloads of GNF2, a high-performance fuel assembly designed to offer increased power and lower operating costs.

“With a long history supporting the nuclear industry in the Nordics, ENUSA has manufactured more than 3,500 assemblies of GNF-designed fuel for Forsmark since 1993 and we look forward to supporting Vattenfall with our efficient and reliable fuel,” said Craig Ranson, Installed Base CEO, GE Vernova Hitachi Nuclear Energy and CEO of GNF.

The GNF2 fuel for the Forsmark site will be fabricated in Spain at ENUSA’s Nuclear Fuel Manufacturing Plant in Juzbado, utilizing GNF-supplied components.

"We are honored by Vattenfall’s decision to extend this collaboration that started more than 30 years and that will strengthen our relationship,” said Mariano Moreno, President and CEO of ENUSA. “The Juzbado facility has already supplied more than 12,600 assemblies of BWR fuel to customers throughout Europe and this new contract shows the trust in the GENUSA supply of products and engineering services.”

The fuel assemblies, whose components are designed by GNF, include proven Defender™ PLUS debris filters that are designed to significantly improve the chance of stopping feedwater debris from reaching fuel assemblies.

About Global Nuclear Fuel
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 alliance 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. GNF affiliate GE Vernova Hitachi Nuclear Energy (GVH) is a world-leading provider of nuclear reactor services and advanced nuclear reactor designs and operates primarily through GE Vernova Hitachi Nuclear Energy Americas, LLC, and GE Vernova Hitachi Energy International, LLC, both headquartered in Wilmington, NC. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.

About GENUSA
GNF ENUSA Nuclear Fuel S.A. (GENUSA) is a Spanish company based in Madrid, jointly owned by GNF and ENUSA to market and sell nuclear fuel and related services to the European boiling water reactor plants.

About ENUSA
ENUSA Industrias Avanzadas S.A. is a Spanish company supplying its customers the latest-generation of solutions in the nuclear fuel cycle including management and supply of enriched uranium, fuel manufacturing, related engineering and fuel services and irradiated fuel management

The world’s demand for energy shows no sign of abating.

In today’s fast-paced world of innovation and transformation, staying ahead means more than just delivering high-quality, world-class technology and energy systems. It means investing in the people behind them.

When a company’s people grow, the business grows too. That’s why learning, development, and personal growth are important to GE Vernova. Its technical academies take employees on a learning journey through bespoke training programs that feature technical experts, classroom training, and hands-on opportunities.

In 2025, as GE Vernova celebrated one full year as a standalone company, the company took ideas that were only recently on the drafting board and put them into action. From small modular nuclear reactors to advanced grid software to a high-voltage superhighway on the Baltic Sea, a new world of innovations is emerging to electrify and decarbonize the world. Take a look at how 2025 was the year GE Vernova began making the future come alive today.

Earlier this year, GE Vernova CEO Scott Strazik wrote that helping to solve the energy challenges of tomorrow depends on the “gritty, never-give-up” hopefulness of its 75,000 employees. “What we’ve learned in our first historic year as GE Vernova is that the best way to do this starts on our factory floors, at the installed base, and in our research centers, all guided by a relentless sense of optimism in our capacity to create and lead positive change.”

Last month, world leaders met in Belém, Brazil, at the UN’s COP30 summit to share their plans to implement solutions to address climate change.