GREENVILLE, S.C. – November 2, 2026 – The GE Vernova Foundation today celebrated the official launch of Engineers of Change in Greenville, with the first students beginning programming this fall. The launch event brought together GE Vernova leadership, local government officials, Clemson University partners, and community leaders to highlight the program’s role in creating a pipeline for future innovators who will build a more sustainable energy future.

First announced in April 2026, Engineers of Change is a three-year, $4.5 million initiative in two locations – Greenville, South Carolina and Staffordshire, UK. In Greenville alone, the program aims to reach 3,000 students. By bringing engineering to life through hands-on learning, real-world design challenges, and direct mentorship from industry professionals, the program aims to ignite curiosity and confidence in students ages 13–18.

“Meeting the world’s growing energy needs will require not only breakthrough technology, but people — bold thinkers, problem-solvers, and next-generation leaders,” said Kristin Carvell, President, GE Vernova Foundation and Chief Communications Officer, GE Vernova. “Our goal with Engineers of Change is to teach young people in Greenville more about this exciting career path and the purpose and impact that comes along with it and inspire them to pursue a career in engineering.”

The launch event at the Advanced Manufacturing Works (AMW) facility featured a panel discussion with industry experts and educators, as well as live engineering demonstrations. 

The program focuses on two core components:

• Engineering Spark: Introduces students ages 13–14 to foundational engineering concepts through dynamic, hands-on learning.
• Engineering Catalyst: An immersive, two-year program for students ages 15–18 featuring design challenges and career readiness workshops designed to equip students with the skills to pursue engineering.

“The GE Vernova Foundation has been a dedicated partner in expanding opportunity and connecting education to the workforce needs of our communities,” said Ben Ayers, President of Clemson University. “Engineers of Change puts that partnership into action by giving young people in the Upstate hands-on experiences, mentorship and a clear view of the opportunities available to them in engineering and energy. We are grateful for the GE Vernova Foundation’s continued investment and, as the program’s first university partner in the United States, proud that Clemson is helping prepare the next generation of innovators and problem-solvers.”  

Engineers of Change is delivered in collaboration with Clemson University’s PEER program and the global nonprofit FHI 360, ensuring that programming is aligned with local workforce needs. Through this collaboration, the GE Vernova Foundation continues to put its purpose, The Energy to Change the World, into practice.

“We are proud to see Engineers of Change take root here in Greenville,” said Mayor Knox White. “This partnership creates a unique pathway for our students, providing them with the practical skills and encouragement to pursue engineering as a mission-driven career that can change the world.”

GE Vernova and the GE Vernova Foundation continue to invest heavily in the future of Greenville, driving impact through both education and community-building. Since 2021, the company and the Foundation have together granted nearly 300 scholarships—including the John Lammas Annual Scholarship for engineering students and GE Vernova STAR Scholarships supporting employees' children—while also funding skilled trades and technical programs, such as granting $100,000 for Future of Energy Skills scholarships in Greenville. 

Additionally, the 2026 opening of the GE Vernova Park in Greenville marked a major milestone in creating vibrant, connected communities. Serving as the home pitch for Greenville Triumph SC and Greenville Liberty SC, the venue welcomed over 45,000 fans in its inaugural season while doubling as a year-round hub for soccer clinics, yoga, and World Cup watch parties. Through shared volunteer efforts like Hands On Greenville Day and programs like the Triumph's "Read to Score" initiative—which rewarded 2,703 students for literacy—GE Vernova is proud to invest in the social, physical, and educational well-being of the Upstate region.

Learn more about Engineers of Change.

About GE Vernova Foundation

The GE Vernova Foundation, an independent charitable organization funded by GE Vernova, puts the company’s purpose – The Energy to Change the World – into practice across the global communities where employees live and work. Building on the 100+ year legacy of the GE Foundation, the GE Vernova Foundation is prioritizing employees through programs such as Matching Gifts and STAR Awards. The Foundation’s resources are also channeled into initiatives focused on championing the global workforce needed for the energy transition as well as building stronger and more resilient communities.

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.

About FHI 360

FHI360 is a global organization that mobilizes research, resources and relationships so people everywhere have access to the opportunities they need to lead full and healthy lives. With collaborations in over 60 countries, we work directly with local leaders to improve health and well-being, respond to humanitarian crises and strengthen community resilience. We share data-driven insights and scalable tools so communities can effectively address complex challenges and achieve thriving futures.

About Clemson University

Clemson University is a public, land-grant-ranked research university located in Upstate South Carolina. Established in 1889, Clemson is dedicated to teaching, research and public service—serving as a catalyst for economic growth, scientific discovery, and 

student development. The university comprises nine colleges offering a wide array of undergraduate, graduate, and doctoral programs within a vibrant campus community.

CAMBRIDGE, Mass., (October 28, 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 third quarter ending September 30, 2026.

“We delivered strong financial results in the third quarter as demand for electricity infrastructure increases around the world. We now expect our backlog to exceed $200 billion in the fourth quarter, with improved margins, and to exit 2026 with at least 130 GW of gas equipment under contract. Given our performance and confidence in our trajectory, we are raising our 2026 financial guidance,” said GE Vernova CEO Scott Strazik. “We continue to innovate and develop new solutions for utility and data center customers to meet growing demand, including electrification technologies that support integration and resiliency. Our opportunity to create value is accelerating and I’m proud of how our team is executing with discipline and focus.”

"We delivered another strong quarter with robust orders and revenue growth, margin expansion, and significant free cash flow generation. Our backlog continues to expand driven by equipment growth at Power and Electrification, at improved margins from favorable price and disciplined underwriting, and services growth at Power,” said GE Vernova CFO Ken Parks. “We ended the quarter with a cash balance of approximately $17 billion, up $4 billion sequentially, increasing our confidence in making high-growth, accretive investments and returning cash to shareholders through our dividend and increased share repurchase program. Based on our strong financial performance, we are raising our guidance for 2026 revenue, adjusted EBITDA margin, and free cash flow.” 

Read full PDF

View PDF

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; our credit ratings; and our agreement to acquire Trench Group and the expected benefits and timing of closing.

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. 

Our agreement to acquire Trench Group and our expectations for the transaction and Trench Group business are based on judgments and assumptions, and are subject to risks and uncertainties that could cause actual results to differ materially, including, among others: the performance and continued expansion of the Trench Group business; demand for GE Vernova's and Trench Group's products and services, the loss of, or reduced orders from, key customers; retention of key suppliers and employees; changes in tariffs, changes in currency exchange rates; difficulties in integrating Trench Group or realizing the expected benefits and synergies; the availability and terms of acquisition financing; transaction-related costs and litigation; delays in closing the acquisition, which could increase its cost or result in the acquisition not being completed; regulatory approvals for the acquisition not being obtained, or obtained subject to conditions or undertakings that could limit the combined business or reduce the anticipated benefits of the transaction; the outcome of required consultations with employee representatives; other closing conditions not being satisfied; and termination of the acquisition agreement.

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 September 30, 2026, including in the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," and “Forward-Looking Statements” 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 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: www.gevernova.com/investors under Reports and Filings.

Conference Call and Webcast Information 
GE Vernova will discuss its results and its agreement to acquire Trench Group during its extended 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.

CAMBRIDGE, Mass., (October 28, 2026) – GE Vernova Inc. (NYSE: GEV) today announced that it has signed an agreement to acquire Trench Group (“Trench”), a global leader in high-voltage grid equipment, from investment firm Triton Partners. The deal will create scale across GE Vernova’s Electrification product lines, expanding its capabilities to better serve customers with integrated solutions that meet unprecedented demand for grid modernization, energy security, and electrification technologies. By vertically integrating an existing supplier with a complementary product portfolio, the acquisition will directly enhance GE Vernova’s two largest Electrification businesses, Grid Systems Integration and Power Transmission, and help deliver the technologies and manufacturing capacity needed for the global electricity supercycle. 

Trench has over 130 years of engineering heritage and serves more than 800 global utilities and hyperscalers with high- and medium-voltage bushings, instrument transformers, and coils. With more than 3,000 employees, its manufacturing footprint spans 11 sites across Europe, North America, and Asia, and will further enable GE Vernova to serve fast-growing demand for grid equipment. Potential acquisition synergies stem from complementary products, geographic footprint, customer relationships, and advanced manufacturing capabilities using automation, robotics, and AI-supported processes.   

"Trench's differentiated high-voltage grid technology, strong execution, and deep customer relationships are key enablers of the modernized, resilient grid required to keep pace with the electricity supercycle," said GE Vernova CEO Scott Strazik. "With a margin-accretive financial profile and approximately $5 billion in backlog and framework agreements, some of which reach into the next decade, this acquisition will deliver both immediate earnings visibility and long-term strategic value. We are investing in our Electrification segment to meet the extraordinary growth opportunity in front of us, and our acquisition of Trench will further strengthen our ability to serve global customers with outstanding technology we know well. I look forward to welcoming the Trench team to GE Vernova." 

"Trench Group has spent more than 130 years earning the trust of the world's leading utilities and grid operators. Joining GE Vernova will be a defining opportunity to build on that legacy with even greater capabilities and reach,” said Trench Group President and CEO Dr. Bahadir Basdere. “GE Vernova's global scale, customer relationships, and footprint in key growth regions will offer more market participants access to the high-voltage components that the energy transition demands. Our team is excited about the development and growth opportunities that the combination with GE Vernova is expected to create. I look forward to what our teams can achieve together – and to serving all existing and future customers with the technology, quality, and reliability Trench stands for."

Trench components are present in the majority of high-voltage direct current lines built globally and are part of larger grid systems with many suppliers. Its high-quality products with sustainable and innovative technology are at the forefront of increasingly stringent global environmental standards. For example, across its portfolio, it has SF6-free and mineral oil-free technologies that reduce hazardous materials and lifecycle emissions – capabilities that GE Vernova‘s customers are increasingly seeking. These offerings enable more efficient, higher voltage electrical grids, increasing affordability for consumers.

As global electricity grids confront surging demand from aging infrastructure, data centers, renewable energy, and industrial electrification, higher voltage transmission lines are increasingly becoming the backbone of the system, carrying up to six times more power per corridor than conventional lines. With this acquisition, GE Vernova will enhance its capabilities in manufacturing grid components for North America, through a newly opened Trench facility in Charlotte, North Carolina, with manufacturing of 765kv equipment expected to begin in late 2027. 

Under the purchase agreement, GE Vernova will pay $9.0 billion USD equivalent at closing, currently expected to be funded equally between cash and debt. The acquisition is expected to close in late 2027, subject to the completion of customary regulatory approvals together with consultation with employee representatives where legally required.

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

Standalone Trench Group Financials

Goldman Sachs & Co. LLC and UBS Investment Bank acted as financial advisors to GE Vernova on the transaction, and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to GE Vernova. Bank of America and Morgan Stanley & Co. International plc acted as financial advisor to Triton Partners, and Latham & Watkins served as legal counsel to Triton Partners.

Trench Group Acquisition Price and Financial Information
The Trench Group acquisition price and financial information presented in this press release are expressed in U.S. dollar equivalents based on a EUR/USD exchange rate of 1.12. Actual U.S. dollar equivalent amounts may differ based on the prevailing EUR/USD exchange rate at the applicable times. The Trench Group financial information was prepared by GE Vernova based on data provided by Trench Group and reflect Trench Group's accounting policies, which may differ from GE Vernova's.

*Non-GAAP financial measure

Non-GAAP Financial Measures

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

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

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.   

About Trench Group
Trench Group is a global technology provider for high-voltage grid components and systems, present in power transmission grids worldwide.
Headquartered in Berlin, with more than 130 years of engineering expertise, Trench Group designs and manufactures high-voltage components that address the core challenges of modern power infrastructure – connecting grids, measuring their performance and ensuring reliability.
As electricity demand rises and power grids transform worldwide, Trench Group is an enabler of the infrastructure the world needs, with a portfolio that includes bushings, cable terminations, instrument transformers, coils and capacitors.
Since its independence in April 2024, Trench Group has doubled its annual revenue to more than 1 billion Euro.
The company operates 11 factories across 8 countries and employs more than 3,000 people.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about GE Vernova's agreement to acquire Trench Group, the anticipated timing of closing, the expected financial and operational performance of the Trench Group business, the expected benefits, synergies, accretion, and funding of the transaction, planned capacity and other investments, GE Vernova’s capital allocation strategy, and expected demand for GE Vernova's and Trench Group's products and services. These statements often include words such as "believe", "expect", "guidance", "outlook", "anticipate", "intend", "plan", "enable", "estimate", "will", "may", or similar expressions. They reflect our current expectations, are based on judgments and assumptions, and are subject to risks and uncertainties that could cause actual results to differ materially, including, among others: the performance and continued expansion of the Trench Group business; demand for GE Vernova's and Trench Group's products and services, the loss of, or reduced orders from, key customers; retention of key suppliers and employees; changes in tariffs, changes in currency exchange rates; difficulties in integrating Trench Group or realizing the expected benefits and synergies; the availability and terms of acquisition financing; transaction-related costs and litigation; delays in closing the acquisition, which could increase its cost or result in the acquisition not being completed; regulatory approvals for the acquisition not being obtained, or obtained subject to conditions or undertakings that could limit the combined business or reduce the anticipated benefits of the transaction; the outcome of required consultations with employee representatives; other closing conditions not being satisfied; and termination of the acquisition agreement. These and other factors are more fully discussed in our filings with the Securities and Exchange Commission, including the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of our annual reports on Form 10-K and quarterly reports on Form 10-Q, and in our current reports on Form 8-K, as well as at www.gevernova.com/investors/fls. We do not undertake any obligation to update or revise our forward-looking statements except as required by law or regulation. This press release also includes forward-looking projected financial information that is based on current estimates and forecasts; actual results could differ materially.

Media Contacts:

GE Vernova
Adam Tucker
+1.518.227.2463
Adam.Tucker@gevernova.com   

Trench Group
Ulrich Küenster
+49 1525 9685308
ulrich.kuenster@trench-group.com

CAMBRIDGE, Mass. (October 27, 2026) – GE Vernova Inc. (NYSE: GEV) and the Boston Celtics ignited a three-year partnership designed to recognize members of the United States Armed Forces at TD Garden during the team’s 20th Annual Seats for Soldiers Night. In addition to the partnership, GE Vernova marked the occasion by hosting a series of events at the Celtics 100 Causeway Street Headquarters. 

A full day of career events held Monday brought together more than 165 veterans and student veterans with GE Vernova's hiring teams, senior leaders, and veteran employees. This event represented the largest veteran recruiting activation in the energy company's history and focused on pairing the tenacity of service members with the world's most consequential energy infrastructure projects, strengthening veteran integration in the private sector.

GE Vernova’s Military Career Summit opened with a keynote from Chief People Officer Steven Baert on why veterans are essential to GE Vernova's mission, followed by a "Mission Continuity" panel — a conversation with GE Vernova veteran leaders on how the discipline, adaptability, and leadership forged in military service translates directly into some of the most consequential careers in the global energy transition. The afternoon career fair connected candidates with hiring teams across GE Vernova’s Nuclear, Supply Chain, Cyber, Operations, Project Management, and Field Services teams.

Adding to the day’s events, GE Vernova welcomed approximately 65 student veterans from MIT and Northeastern University to the Sky Lobby at Celtics Headquarters for an exclusive Student Veteran Networking Social, featuring remarks from GE Vernova CEO Scott Strazik. The evening concluded with the entire group heading to TD Garden together for tip off.

"The Boston Celtics have spent twenty years honoring those who serve through their Annual Seats for Soldiers Night, and our company has spent decades building a career trajectory for those same individuals," said Scott Strazik, CEO of GE Vernova. "This three-year partnership with the Celtics will help GE Vernova create awareness for meaningful career opportunities that exist. We are not just hiring veterans, we are investing in the leadership required to power the world," said Scott Strazik, President and CEO of GE Vernova.

Building the Future, Powered by Veterans

With veterans already accounting for 10 percent of GE Vernova's U.S. workforce and a 96 percent first-year retention rate, we have proven that military talent is a critical engine of our growth. This three-year partnership is a commitment to scale that success, turning our mission into a magnet for the next generation of veteran leaders. We are actively expanding our teams across Nuclear, Supply Chain, Cyber, Operations, Project Management, and Field Services. Veterans interested in joining our mission can learn more at careers.gevernova.com.

“For 20 years, Seats for Soldiers has given us the opportunity to recognize the men and women who serve our country and bring them together for a special night at TD Garden,” said Rich Gotham, Boston Celtics Team President. “Our season ticket members have played an important role in making this tradition possible, and with the support of GE Vernova, we’re continuing to find meaningful ways to connect with and recognize our military community.”

Seats for Soldiers Night is now in its 20th year at TD Garden. Since its inception, Celtics season ticket members and the organization have donated more than 23,000 tickets to active-duty service members and veterans and last night alone, over 1,200 tickets were given to service members. 

STAFFORDSHIRE, UK – October 22, 2026 – The GE Vernova Foundation today celebrated the official launch of Engineers of Change in Staffordshire, with the first students beginning programming this week. The launch event brought together GE Vernova leadership, local officials, and community partners to highlight the programme’s role in creating a pipeline for future innovators who will build a more sustainable energy future.

First announced in April 2026, Engineers of Change is a three-year, $4.5 million initiative in two locations – Staffordshire, UK, and Greenville, South Carolina, U.S. In Staffordshire alone, the programme aims to reach 3,000 students. By bringing engineering to life through hands-on learning, real-world design challenges, and direct mentorship from industry professionals, the programme aims to ignite curiosity and confidence in students ages 13–18.

“Meeting the world’s growing energy needs will require not only breakthrough technology, but people — bold thinkers, problem-solvers, and next-generation leaders,” said Kristin Carvell, President, GE Vernova Foundation and Chief Communications Officer, GE Vernova. “Our goal with Engineers of Change is to teach young people in Staffordshire more about this exciting career path and the purpose and impact that comes along with it and inspire them to pursue a career in engineering.”

The programme delivers two core experiences:

• Engineering Spark: Introduces students ages 13–14 to engineering through dynamic, hands-on learning led by GE Vernova volunteers.
• Engineering Catalyst: An immersive, two-year programme for students ages 15–18 featuring design challenges and career readiness workshops designed to equip students with the skills to pursue engineering. Students who complete the programme and enrol in an eligible engineering degree or apprenticeship will receive a partial scholarship from the GE Vernova Foundation.

“Nothing shapes a career like early, hands-on exposure to real-world work,” said Martin McCluskey, Minister for Local Energy and Jobs. “Through its Engineers of Change programme, the GE Vernova Foundation will help young people access the hundreds of thousands of clean energy jobs being created across the country.”

With more than 130 years of history in the UK, GE Vernova operates three electrification manufacturing sites in Staffordshire, including the country’s only large-scale grid manufacturing facility. GE Vernova is making significant investments in the area to expand capacity and reinforce Staffordshire’s role as a critical hub for the production of electrification technologies.

Engineers of Change is delivered in collaboration with the Staffordshire-based The Inspirational Learning Group and the global nonprofit FHI 360, ensuring that programming is aligned with local workforce needs. Through this collaboration, the GE Vernova Foundation continues to put its purpose, The Energy to Change the World, into practice.

“We’re delighted to work with the GE Vernova Foundation to inspire the next generation of engineers in Staffordshire,” said Ben Dyer, Co-Founder, The Inspirational Learning Group. “This programme gives young people a fantastic opportunity to experience engineering first-hand, learn directly from industry professionals and develop the skills and confidence to explore future careers in the energy sector.”

Learn more about Engineers of Change.

About GE Vernova Foundation

The GE Vernova Foundation, an independent charitable organisation funded by GE Vernova, puts the company’s purpose – The Energy to Change the World – into practice across the global communities where employees live and work. Building on the 100+ year legacy of the GE Foundation, the GE Vernova Foundation is prioritising employees through programmes such as Matching Gifts and STAR Awards. The Foundation’s resources are also channelled into initiatives focused on championing the global workforce needed for the energy transition as well as building stronger and more resilient communities.

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 decarbonise 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.

About FHI 360

FHI360 is a global organisation that mobilises research, resources and relationships so people everywhere have access to the opportunities they need to lead full and healthy lives. With collaborations in over 60 countries, we work directly with local leaders to improve health and well-being, respond to humanitarian crises and strengthen community resilience. We share data-driven insights and scalable tools so communities can effectively address complex challenges and achieve thriving futures.

About The Inspirational Learning Group

The Inspirational Learning Group (TILG) is a Staffordshire-based organisation dedicated to inspiring and preparing young people for their future careers. Working in partnership with leading employers, schools and colleges across the UK, TILG develops and delivers innovative careers and enterprise education programmes that connect classroom learning with the world of work. Through initiatives including The National Careers Challenge, in partnership with NatWest Thrive, Lightbulb Online and bespoke employer-led experiences, TILG has reached hundreds of thousands of young people, helping them develop essential skills, build confidence and explore future career opportunities. With a growing network of employer partners, TILG is committed to bridging the gap between education and industry, opening doors to new opportunities and helping young people realise their potential in the world of work. 

ABIDJAN, Côte d’Ivoire (October 20, 2026) - GE Vernova announced today that it will provide the gas power technology for the new Songon combined-cycle power plant, located in the Songon region near Abidjan, Côte d’Ivoire. Following the signing of financing agreements last June, Songon Energies - Ivorian development investment company focused on advancing energy infrastructure – selected GE Vernova to supply a 9E gas turbine and generator. The plant – to be built by the EPC contractor China Energy International Engineering Co., Ltd. - is expected to deliver 372 megawatts (MW), a capacity equal to the power needs of approximately 5 million Ivorian homes.

Supporting a growing national energy landscape. Côte d’Ivoire has made significant progress, reaching an electrification rate of 94.3 percent by 2024 through initiatives like the “Electricity for All Program” (PEPT), in line with the national goal to achieve universal electrification and improved power quality by 2030. Despite these gains, the nation faces an annual demand growth rate of 10 to 15 percent and rural areas still require expanded access. In this energy landscape, this new power plant will help fill a critical gap. The facility is projected to represent up to 12 percent of the country’s total installed base upon its scheduled 2029 operational launch, playing a vital role in meeting these ambitious development targets. Furthermore, the project is expected to generate up to 1,400 new jobs, creating economic opportunities for the local community.

"The Songon Energies project is designed to strengthen energy security and support future growing electricity demand growth in the Greater Abidjan region while reinforcing the country's position as a regional energy hub in West Africa," said Mr. Wang Xiaoming, Deputy General Manager (Acting CEO) for Songon Energies. “The facility is expected to ease energy pressure on the Abidjan metropolitan area, providing a reliable foundation for the development of skilled workers, the growth of industrial zones, the expansion of small and medium-sized enterprises, and a tangible improvement in the daily lives of millions of Ivorian households. We selected to work with GE Vernova for this new power plant, because of our deep trust in their efficient technology and their constant, proven presence in Côte d'Ivoire, which gives us great confidence in the long-term success of this facility."

“We are honored to support Songon Energies with our proven 9E technology for this crucial infrastructure project," said Joseph Anis, CEO of Gas Power in Europe, Middle East, and Africa at GE Vernova. "Our commitment to power plant operators is rooted in delivering advanced gas power technology that provides the reliable, dispatchable energy necessary for long-term growth and positive community impact. Beyond the turbine island, we look forward to applying our expertise in powering the HV sub-station, providing digital software, and long-term services to support the broader energy system in its goal to enhance grid stability, operational efficiency, and local prosperity."

GE Vernova’s commitment to Côte d'Ivoire remains steadfast, built upon a long history of supporting the nation’s electrification goals. The company’s footprint in the country centers on a large installed base, key power transmission hardware, digital software deployments, and long-term service contracts. GE Vernova utilizes its global expertise and local presence to help power plant operators increase power capacity, while supporting a more secure and reliable energy future.

CAMBRIDGE, Mass. (October 13, 2026) – GE Vernova Inc. (NYSE: GEV) is scheduled to release its third quarter 2026 financial results on Wednesday, October 28, 2026, before market open. GE Vernova CEO Scott Strazik and CFO Ken Parks will discuss the company’s financial results in a webcast at 7:30 AM ET, which can be accessed at https://www.gevernova.com/investors/events.

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.

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.

CAMBRIDGE, MA – October 5, 2026 – GE Vernova Inc. (NYSE: GEV) is proud to announce that several of its customers have received top honors in the 2026 POWER Awards, an annual program organized by POWER Magazine. These prestigious industry accolades recognize top performers in the electricity-generating industry with annual awards. These awards underscore the success of our collaboration in deploying cutting-edge gas, and decarbonization technologies to accelerate the global energy transition and support security of power supply.

• Nhon Trach 3&4: A Benchmark for Vietnam’s Energy Future. In Vietnam, the 1.6 GW Nhon Trach 3&4 Power Plant—equipped with GE Vernova’s advanced combined-cycle 9HA.02 gas turbines—was honored with the Plant of the Year Award and the Top Gas Plant Award. Owned and operated by PetroVietnam Power Corporation (PV Power), the facility is Vietnam’s first LNG-fired power plant. Achieving over 63% combined-cycle efficiency, the plant plays a cornerstone role in Vietnam’s Adjusted Power Development Plan VIII (PDP8) by providing the reliable, flexible capacity needed to integrate more renewables into the grid.
   

• Duke Energy DeBary: Leading the Way in Hydrogen Innovation. GE Vernova’s collaboration with Duke Energy at the DeBary facility in Florida has been recognized with the POWER Magazine Hydrogen Award. By performing combustion system retrofits on two of the facility's GE Vernova 7E.03 gas turbines, Duke Energy and GE Vernova have moved hydrogen from concept and pilot scale into real‑world grid operations, with DeBary recognized as a first‑of‑its‑kind achievement for the U.S. power sector: the nation’s first end‑to‑end system capable of producing, storing, and combusting 100% green hydrogen for commercial peaking power generation. This initiative serves as a model for how utilities can lower the carbon intensity of their existing generation assets while maintaining the reliable, dispatchable power necessary for a modern grid.
   

• Dominion Energy Parr Station: Writing the Next Chapter in a Century of Reinvention Dominion Energy’s Parr Station modernization has been honored with the prestigious POWER Magazine Reinvention Award, celebrating the transformation of a site with over 100 years of energy history into a high-performance, flexible power asset. By deploying GE Vernova’s LM6000VELOX* package solution, the project delivers the fast-start capability, black start support, and operational flexibility necessary to manage the variability of modern renewable resources. This modernization at Parr Station In South Carolina, successfully bridges a century of service with the demands of a sustainable energy future, providing the grid with the reliable, agile power it needs to evolve.

These awards underscore the versatility of GE Vernova’s portfolio and our ability to execute complex, high-impact projects globally. From supporting industrial growth in Southeast Asia to pioneering hydrogen-ready infrastructure and advanced generation and storage modernization in the United States, we are proud to provide the technology that helps our customers navigate the complex path toward a more sustainable, reliable, and flexible energy future.

###

Notes to editors:

“Decarbonization”, as used in this article, is intended to mean the reduction of carbon emissions on a kilogram per megawatt hour basis.

*Trademark of GE Vernova and/or its affiliates.

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.