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Gas Power

GE Vernova completes Houston Learning Center modernization and forges education collaborations for future workforce readiness

5 min read
  • Multi‑Year investment underscores GE Vernova’s commitment to workforce readiness and supporting the energy transition

     

  • Houston Learning Center expansion and technology upgrades increase training capacity and effectiveness to support growing global demand

     

  • Collaborations with local school districts create real‑world career pathways for students 

HOUSTON – (February 12, 2026) – GE Vernova Inc. (NYSE: GEV) today unveiled new education collaborations with three Houston area school districts, and the completion of a major modernization of its Houston Learning Center (HLC), its flagship global training facility for power generation and services professionals.

The initiatives were announced in conjunction with the “Powering Progress: Honoring our legacy, building our future” event hosted at the facility and are part of GE Vernova’s broader, multi-year capital investment strategy across manufacturing, services, and innovation.

“GE Vernova is committed to helping build the workforce of the future and reflects our belief that world-class technologies require a world-class workforce,” said Steve Kessinger, Vice President of Global Services, GE Vernova’s Gas Power business. “By investing in facilities like the Houston Learning Center and expanding our training capabilities, we’re helping ensure our teams, customers, and partners are equipped to meet the growing global demand for highly skilled energy professionals to support the energy systems of today and tomorrow.”

The facility also serves as a cornerstone for GE Vernova’s Career and Technical Education (CTE) collaborations, helping introduce students and early-career talent to hands-on technical pathways in the energy sector. Serving thousands of learners annually, the HLC provides immersive training across gas turbines, steam turbines, generators, control systems and more.

The modernization of the HLC enhances GE Vernova’s ability to scale workforce training in support of its expanding global services footprint and installed base. By increasing training capacity and deploying advanced simulation and hands‑on learning environments, the Center helps accelerate technician readiness, reduces time to productivity, and supports the execution of long‑term service agreements. This scalable training infrastructure is designed to help meet growing customer demand, support services backlog growth, and reinforce GE Vernova’s ability to deliver reliable, high‑quality services across its global fleet.

GE Vernova’s HLC modernization includes:

  • an expansion of the facility, increasing its capability to train thousands of technicians, engineers, and customers annually,
  • enhanced classrooms, new simulation environments, and hands-on training bays anchored by the company’s flagship gas turbine, a 7HA.03, one of the most advanced power generation technologies in operation today.

“We’re proud to continue investing in advanced training assets and collaborations with local school districts like Deer Park, Channelview and Alief to strengthen our pipeline of talent needed to support customers today and the energy transition ahead,” added Jim Vono, One Field Services Leader, GE Vernova’s Gas Power business. “These collaborations aim to expose students to real-world industrial environments, advanced energy technologies, and career pathways in high-demand, technical fields.”

Deer Park Superintendent Tiffany Regan said, “This collaboration represents the future of Career and Technical Education. By working alongside GE Vernova, we’re creating clear, relevant pathways from school to career—pathways that culminate in meaningful employment for students upon completion of the experience.”

These workforce and training investments complement GE Vernova’s broader global capital strategy, including recent announcements to invest nearly $600 million in U.S. factories and facilities and additional investments in advanced repair capabilities and technologies.

 

 

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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.

GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and power plant technologies and services with the industry’s largest installed base. 

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Steve Kessinger, Vice President of Global Services, GE Vernova’s Gas Power business, announces HLC modernization
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GE Vernova 7HA.03 gas turbine located at the HLC Training Center
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Laura Aresi
GE Vernova | Media Relations Leader, Power
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Gas Power

GE Vernova exceeds expectations with successful Coryton Power Plant modernization in the UK

5 min read
  • GE Vernova successfully completed two High Efficiency (HE) upgrades and a major outage at InterGen’s Coryton Power Plant in the UK

  • HE upgrades on two GT26 gas turbines exceeded expectations in efficiency and power output 

  • Modernization project delivered significant fuel savings, resulting in an approximate equivalent reduction of 67,500 tonnes1 of carbon emissions each year 

LONDON, United Kingdom (February 9, 2026) - GE Vernova Inc. (NYSE: GEV) today announced the successful completion of a major outage and the installation of two of its High Efficiency (HE) upgrades at InterGen’s 800-megawatt (MW) combined cycle Coryton Power Plant, located 30 miles east of London on the River Thames. – with the upgrades resulting in plant performance that surpassed expectations.

“We were impressed by the tenacity of GE Vernova’s service teams and the remarkable impact of the HE upgrades, which delivered higher-than-expected efficiency and power production,” said Daniel Fosberg, Managing Director] at InterGen. “At InterGen, we are committed to investing in the energy transition by enhancing flexible generation to ensure grid stability as renewable energy increases. We also create cutting-edge solutions to ensure reliable power supply at an affordable cost for our customers — and GE Vernova has proven to be a trusted player and technological innovator in driving these goals forward.”

GE Vernova’s HE upgrade utilizes technology breakthroughs across gas turbine, compressor and combustor. These advancements enabled Coryton Power Plant to deliver up to additional 85 MW, surpassing the expected 77 MW, and improved unit efficiency by 2.46%. The upgrades aim to also extend maintenance intervals. Furthermore, this modernization is projected to lead to a reduction of approximately 67,500 tons equivalent of carbon emissions each year, aligning with the government’s objectives to lower the national carbon footprint by requiring less fuel to produce the same amount of power.

The outage conducted at Coryton power plant included borescope inspections on two generators and steam turbines, valve inspections, and electrical testing of all components. GE Vernova’s Coryton project team, comprising over 300 experts from Project Management, Engineering, Parts, Sourcing, One Field Services (OFS), Logistics, and Manufacturing from across the globe , collaborated closely with InterGen as a unified team. The team successfully completed more than 122,000 man-hours of work with an impeccable safety record, achieving zero recordable EHS incidents in this service and upgrade project.

“This project underscores our continued commitment to keeping our customers’ gas turbine fleets competitive in the UK’s energy landscape,” said Joseph Anis, President & CEO for GE Vernova’s Gas Power business in Europe, Middle East & Africa. “The scope and nature of this project were extraordinary, demonstrating our capability to deliver high-impact, efficient solutions that not only meet but exceed our clients’ expectations. GE Vernova GT26 gas turbines are able to operate on a variety of fuels, including blends of hydrogen and natural gas, to offer InterGen pathways to reduce carbon emissions in the future.”

With this project, eleven GT26 units upgraded with the HE are already in operation in 2025.  GE Vernova has invested significantly in the development of the GT26 HE upgrade, which was introduced in 2019. This technology combines the best from both GE Vernova’s F- and H-Class fleets with additive manufactured parts and innovations in aerodynamics, material science, and combustion dynamics—and provides a leap forward in efficiency, output, and maintenance interval extensions.

1] Considering same number of kWh produced per year before/ after modernization, 6,500 operating hours per year. 

 

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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.

GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and power plant technologies and services with the industry’s largest installed base. 

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Laura Aresi
GE Vernova | Media Relations Leader, Power
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Onshore Wind

GE Vernova bolsters US onshore wind fleet with 1.1 GW of repower orders in 2025

4 min read
  • Projects directly support domestic manufacturing jobs at GE Vernova’s Pensacola, Florida facility

  • Repowering allows for the rapid deployment of additional capacity by utilizing existing sites to provide abundant, affordable, and secure energy to power the nation’s growth

  • Approach extends the lifespan of existing onshore wind turbines while significantly reducing O&M costs through the installation of modernized, high-capacity components

SCHENECTADY, NY (February 5, 2026) – GE Vernova’s Onshore Wind business announced today that it received orders in 2025 to repower 1.1 gigawatts (GW) of onshore wind turbines in the U.S. The projects will use nacelles and drive trains manufactured in the U.S. at GE Vernova’s Pensacola, Florida facility, where approximately 20 percent of the workers are veterans, supporting U.S. energy abundance, affordability, and security.

Uzair Memon, Chief Commercial Officer for GE Vernova’s Onshore Wind Services business, said, “These significant repower orders underscore the critical role our advanced technology plays in optimizing existing wind assets. By deploying our state-of-the-art repower solutions, we enable our customers to achieve increased energy production, significantly enhance asset reliability, reduce operational and maintenance costs, and extend the overall lifespan of their wind farms. This directly aligns with our commitment to making existing renewable infrastructure more productive and sustainable for the long term, while also bolstering U.S. manufacturing and job creation.”

All orders were booked in 2025. These repower projects are expected to reach their commercial operation date between 2026 and 2027. The technical benefits of repowering are clear: Repowering increases the size, output, and longevity of existing turbines to capture more reliable renewable energy for a longer period.

David Hardy, GE Vernova’s Chief Commercial Officer for Wind, added, “A repower project enables us to rejuvenate a wind farm to increase annual energy production, extend life, and improve project availability. These projects are rooted in deep, long-term customer partnerships, where we work closely together to provide solutions that maximize performance and long-term value.”

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.

 

end

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.

GE Vernova’s Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. Technologies provided to customers include the next generation high efficiency 3-megawatt onshore wind turbine and the Haliade-X offshore wind turbine platform, as well as maintenance solutions and life extension optionality.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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1.1 GW of US repowering orders were shared in GE Vernova’s 4th Quarter 2025 Earnings press release on January 28. This press release does not report additional orders.
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Tim Brown
GE Vernova | Media Relations, Wind
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Investor Relations

GE Vernova announces closing of $2.6 billion public offering of Senior Notes

4 min read

CAMBRIDGE, Mass. (February 4, 2026) – GE Vernova (NYSE: GEV) is pleased to announce the closing of its previously announced registered public offering of Senior Notes.

GE Vernova intends to use the net proceeds from the offering for general corporate purposes, including financing a portion of the acquisition of the remaining fifty percent stake of Prolec GE that closed on February 2, 2026.

The offering consists of the following tranches:

  • $600 million aggregate principal amount of 4.250% Senior Notes due 2031
  • $1 billion aggregate principal amount of 4.875% Senior Notes due 2036
  • $1 billion aggregate principal amount of 5.500% Senior Notes due 2056

Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC acted as joint active bookrunners for the offering of the notes.

The offering was made pursuant to an effective shelf registration statement (including a prospectus and related prospectus supplement) filed by GE Vernova with the Securities and Exchange Commission (the “SEC”). The offering was made only by means of a prospectus supplement and accompanying prospectus. Copies may be obtained by contacting: Citigroup Global Markets Inc., email: prospectus@citi.com; J.P. Morgan Securities LLC, email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; or Morgan Stanley & Co. LLC, email: prospectus@morganstanley.com. Alternatively, investors may obtain these documents for free by visiting EDGAR on the SEC website at http://www.sec.gov/.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about the intended use of proceeds of the offering. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections included therein, as may be updated from time to time in our filings with the SEC and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

end

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.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova | Director of Financial Communications
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GE Vernova

Xcel Energy and GE Vernova announce strategic alliance agreement to advance the future of energy

2 min read
  • Reservation Agreement for five, GE Vernova F-class gas turbines

  • Capacity Reservation Agreement to utilize multiple gigawatts of GE Vernova wind turbines in future projects

  • Additionally, the companies are collaborating on several grid equipment opportunities that build on a critical order for grid systems, including synchronous condenser technology, in 2025.

MINNEAPOLIS (Feb. 3, 2026) — Xcel Energy (NASDAQ: XEL) and GE Vernova, (NYSE: GEV) today announced the signing of a landmark Strategic Alliance Agreement (SAA) aimed at strengthening their long-standing collaboration and advancing a shared vision for a reliable, affordable, and sustainable energy future.

 

GE Vernova

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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.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Michael Lapides

GE Vernova | Vice President of Investor Relations

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Treacy Reynolds
GE Vernova | Director, Corporate Communications
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Electrification

GE Vernova expands its Grid Automation portfolio with a new solution for modern grids

5 min read
  • Introduces GridBeats™ APS (Automation and Protection System) to help utilities modernize protection and operations without disrupting service

  • Reduces device footprints in substations by enabling multiple functions to run on a common platform

  • Supports grid resilience as networks expand and operating requirements become more demanding

San Diego, California (February 3, 2026) – GE Vernova Inc. (NYSE: GEV) today announced the launch of a new solution designed to simplify grid operations and protection as electricity networks expand globally and become more complex.

GridBeats™ APS (Automation and Protection System) is a new product within GE Vernova’s GridBeats™ portfolio of software-defined grid automation solutions. It is designed to help utilities modernize electrical substations, reduce device footprints, and keep power flowing reliably as power grid requirements evolve.

Modernizing substation design and operations
Designed to address the growing challenges of aging infrastructure, capacity expansion, operational complexity, and cybersecurity, GridBeats™ APS redefines traditional substation architectures. Acting as a single platform to support all protection and control applications within a substation, the solution uses GE Vernova’s patented hardware abstraction technology to significantly reduce the amount of hardware required along with the number of spare devices operators must maintain.

With GridBeats™ APS, operators can consolidate what once required hundreds of individual communication and cybersecurity packages into as few as ten—while maintaining the same level of protection and performance.

GridBeats™ APS enables grid operators to:

  • Streamline operations: GridBeats™ APS lets operators update cybersecurity and communications software without needing to revalidate or retest protection and control functions.
  • Adapt to changing demand: Run multiple protection and control applications on a single device, allowing devices to meet changing demands and extend their lifecycles.
  • Simplify control and maintenance: Standardize procurement, reduce learning curves, and streamline configuration.
  • Maintain continuous operation: Remotely update applications without taking devices offline, improving both resilience and reliability

“Electricity is becoming the backbone of modern economies, with demand rising across data, industry, transport, and buildings,” said Del Misenheimer, VP & CEO, Grid Automation & Software, Electrification Segment, GE Vernova. “As grids expand to meet that growth, automation is becoming essential to help operators manage complexity and maintain reliable operations at scale. At GE Vernova, our Electrification businesses bring together hardware, software, and services to support grid modernization. GridBeats™ APS reflects this integrated approach by helping simplify daily grid operations while keeping power available and systems secure.”

Why protection and control matter in grid modernization
Protection and control systems help keep the electricity grid running safely and reliably. Protection functions identify problems on the network and quickly isolate affected areas to prevent wider outages, while control functions guide how the grid operates moment to moment so power is delivered where it is needed. As electricity networks grow, add new energy sources, and serve more users, these systems are becoming increasingly important to support grid modernization and ensure power remains available, stable, and secure.

GE Vernova is showcasing GridBeats™ APS at DTECH 2026, taking place February 3–5 in San Diego, California, where attendees can learn how the solution supports modern grid operations and protection. GE Vernova is exhibiting at booth #3112. The product will be unveiled during a LinkedIn Live event, accessible here.

For more information on GridBeats™ APS, visit the website.

-ENDS-

end

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.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

GE Vernova’s Electrification segment includes Grid Solutions, Power Conversion & Storage — collectively referred to as Electrification Systems — and digital technologies, referred to as Electrification Software. The solutions offered by this segment are essential for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova | Media Relations, Electrification
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GE Vernova

GE Vernova Launches GridOS for Distribution, the Industry’s First Unified Solution for Grid Orchestration

6 min read
  • Comprehensive software platform enables utilities to operate the distribution grid as one intelligent system, accelerating the transition to ultra-resilient power networks.

  • Alabama Power among leading utilities adopting GridOS portfolio to advance grid orchestration and deliver greater reliability amid growing grid complexity.

CAMBRIDGE, Mass. (February 3, 2026) – GE Vernova Inc. (NYSE: GEV) today announced the launch of GridOS® for Distribution, a unified software solution that is designed to enable utilities to operate their distribution grids as one intelligent, orchestrated system. GridOS for Distribution represents a significant advancement in grid software technology, helping utilities manage rising energy demand, increasing disruptions, and the accelerating adoption of distributed energy resources (DERs).

Utilities today face growing operational complexity driven by fragmented systems, siloed data, and manual workflows that were not designed for modern grid demands. GridOS for Distribution aims to address these challenges by unifying real-time operations, DER management, network modeling, field execution, and visual intelligence on a more secure, interoperable, AI-ready platform. The result is orchestrated intelligence that enables utilities to see, operate, and optimize the distribution grid as one coordinated system.

Mahesh Sudhakaran, General Manager of GE Vernova’s Grid Software business, said: “GridOS for Distribution represents the culmination of more than four decades of collaboration with some of the world’s most progressive utilities. GE Vernova is not just launching new software — we are establishing a new standard for grid orchestration that empowers utilities to move beyond managing complexity, towards orchestrating intelligence across their distribution network. Whether a utility is advancing leading-edge capabilities or building foundational orchestration maturity, GridOS provides a proven, scalable path to operating an intelligent grid.”

Setting a New Standard for Grid Orchestration

Built on a governed, federated grid data fabric and powered by the industry’s leading advanced distribution management system (ADMS), DER management system (DERMS), and grid planning analytics, GridOS for Distribution transforms how utilities plan for and respond to both day-to-day operations and severe disruptions.

The platform design aims to deliver six core outcomes:

  • Situational intelligence
  • Real-time operational control
  • Resilient disruption management
  • Optimized distribution operations
  • Coordinated DER management
  • Intelligent grid capabilities

Demonstrated Performance in Real-World Operations

Alabama Power, a Southern Company utility serving 1.5 million customers, is among the early adopters of GridOS for Distribution to advance grid orchestration maturity and enhance reliability.

“The energy landscape is evolving faster than ever, and our customers expect reliable power regardless of weather, demand spikes, or grid complexity,” said Melanie Miller, General Manager of Data and Technology, Alabama Power. “GridOS for Distribution will give us a unified platform to orchestrate the grid as one coordinated system rather than a collection of disconnected applications. This approach provides a clear maturity path for utilities of all sizes and helps us move toward a truly intelligent, self-healing grid that restores power faster and anticipates issues before they impact customers. In 2025 alone, the platform avoided over 112 million customer minutes of interruption (CMI) for our customers in Alabama.”

GridOS for Distribution is designed around real-world outage and storm scenarios and is already proven in live grid operations globally. The solution is designed to enable faster response, more coordinated operations, and quicker recovery from extreme events, delivering measurable improvements across key reliability metrics, including SAIDI, SAIFI, CAIDI, and customer minutes interrupted (CMI).

A Future-Ready Platform That Grows With Utilities

GridOS for Distribution is built on a modern, more interoperable platform designed to evolve alongside utility needs. It supports flexible, phased adoption aligned with utility maturity levels — from Distribution Essentials that establish resilient foundational operations to advanced capabilities such as Disruption Management, Distribution Optimization, and DER Orchestration. These capabilities ultimately culminate in Distribution Intelligence, embedding operator-first AI and predictive analytics directly into grid operations.

With zero-trust cybersecurity built in by design, interoperability across utility-built and third-party systems, and a unified user experience optimized for both routine operations and high-pressure events, GridOS for Distribution reduces modernization risk while enabling long-term innovation.

GridOS for Distribution is also part of a broader interoperability strategy that will also introduce GridOS for Transmission later in the year. GridOS for transmission brings together real-time operations, planning intelligence, and grid analytics into a single software solution, enabling transmission utilities to manage growing complexity and variability with confidence.

GE Vernova is showcasing GridOS for Distribution at DTECH 2026, taking place February 3–5 in San Diego, California, where attendees can learn how the solution helps utilities operate the distribution grid as one intelligent system. GE Vernova is exhibiting at booth #3112.

end

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.

GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution across the power grid, and supporting a decarbonized and secured energy transition.

GE Vernova’s Electrification segment includes Grid Solutions, Power Conversion & Storage — collectively referred to as Electrification Systems — and digital technologies, referred to as Electrification Software. The solutions offered by this segment are essential for the transmission, distribution, conversion, storage, and orchestration of electricity from point of generation to point of consumption.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova

GE Vernova completes Prolec GE acquisition, accelerating Electrification segment growth trajectory

6 min read
  • Milestone further positions GE Vernova as a global leader serving growing grid markets by expanding its presence and support in North America

  • Prolec GE and its affiliates will go to market as GE Vernova, operating within the Electrification segment

  • Transaction is immediately accretive and now reflected in GE Vernova’s latest 2026 financial guidance and outlook by 2028

CAMBRIDGE, Mass. (February 2, 2026) – GE Vernova Inc. (NYSE: GEV) today announced it has completed the acquisition of the remaining 50% stake of Prolec GE, its former unconsolidated joint venture with Xignux (“Prolec GE”). The transaction, originally announced in October 2025, closed following receipt of all required regulatory approvals, for a purchase price of $5.275 billion, funded as previously disclosed with an equal mix of cash and debt.

Prolec GE is an electric industry leader in North America, with approximately 10,000 employees across seven manufacturing sites in the Americas, including five in the U.S. It produces a wide variety of transformers and transformer components for the generation, transmission and distribution of electricity, complemented by its broad transformer services offering. This acquisition consolidates Prolec GE after 30 years of partnership as a joint venture.

“We’re excited to reach this important milestone with our first sizable acquisition as a standalone public company and welcome the Prolec GE team into GE Vernova,” said GE Vernova CEO Scott Strazik. “We are building on a decades-long partnership and combining the strengths of our two companies to offer customers a broader portfolio and operate at a higher capacity to fulfill expectations, especially in North America where grid demand is strong. As we continue to focus on our mission to electrify to thrive and decarbonize the world, this acquisition will play a critical role in driving our sustained growth in Electrification.”

Prolec GE will go to market as GE Vernova and operate within GE Vernova’s Electrification segment. The deal is immediately accretive before synergies and is expected to drive additional profitable growth for GE Vernova, which is now reflected in GE Vernova’s latest 2026 financial guidance and outlook by 2028.

“Our customers are asking for more capacity from the grid,” said GE Vernova Electrification CEO Philippe Piron. “With Prolec GE now fully part of GE Vernova, we are better equipped to respond to that demand and better serve our installed base, utilizing our combined manufacturing footprint for transformers and a strong pipeline of innovation to serve the electrification needs of the world. Our priority from day one is a smooth integration, where customers continue to receive the service and quality they expect, supported by the scale of the combined Prolec GE and GE Vernova teams.”

GE Vernova will retain the current leadership across Prolec GE, with Ricardo Suarez remaining in his role as Prolec GE CEO reporting to Philippe Piron.

“Joining GE Vernova as a fully integrated business is a natural next step in our journey after years of partnership,” said Prolec GE CEO Ricardo Suarez. “We are proud of our strong culture and the legacy we’ve built, and as part of the one GE Vernova family, we will adapt and embrace the GE Vernova Way while maintaining the local culture, heritage and identity that made us who we are today. I am excited for the opportunities our employees will have to learn and grow further as part of a global industry leader, the continued investment in our sites, and an even stronger capability to serve our customers across North America.”

Forward-Looking Statements
This press release contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about GE Vernova’s expected future business and financial performance and financial condition following the closing of the Prolec GE acquisition, the impact of such acquisition and the results it may generate or produce, and the timing of such impact and results, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “see,” “will,” “would,” or “estimate”. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K, as may be updated from time to time in our filings with the SEC and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification 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.

GE Vernova currently employs approximately 20,000 people in the United States of America across all 50 states. With more than 129 years of experience in Mexico, GE Vernova today employs over 1,700 people across five sites, and its equipment provides 38 GW of electricity generating capacity—nearly 42% of the country’s total—through advanced technologies including eight HA gas turbines, the Laguna Verde nuclear plant, and one of the world’s largest fleets of F-class gas turbines.

end

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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Michael Lapides

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GE Vernova launches public offering of Senior Notes

4 min read

CAMBRIDGE, Mass. (February 2, 2026) – GE Vernova (NYSE: GEV) today announced that it has launched a registered public offering of Senior Notes, subject to market and other conditions. The net proceeds from the offering are intended to be used for general corporate purposes, including financing a portion of the acquisition of the remaining fifty percent stake of Prolec GE that is expected to close on February 2, 2026.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are serving as joint book-running managers for the offering of the notes, which is being made pursuant to an effective shelf registration statement (including a prospectus and related preliminary prospectus supplement for the offering).

Before you invest, you should read the base prospectus in such shelf registration statement, the related preliminary prospectus supplement for the offering and other documents GE Vernova has filed with the Securities and Exchange Commission (the “SEC”) for more complete information about GE Vernova and the offering. The offering will be made only by means of a prospectus supplement and accompanying base prospectus. When available, copies of the prospectus supplement and accompanying base prospectus related to the offering may be obtained by contacting: Citigroup Global Markets Inc., email: prospectus@citi.com; J.P. Morgan Securities LLC, email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; or Morgan Stanley & Co. LLC, email: prospectus@morganstanley.com. Alternatively, investors may get these documents for free by visiting EDGAR on the SEC website at http://www.sec.gov/.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Forward-Looking Statements

This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about a possible public offering of senior notes, the intended use of proceeds of such offering and the expected closing date of the Prolec GE acquisition. Forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from current expectations. These risks, uncertainties, and factors include those discussed in our most recent Annual Report on Form 10-K and in our subsequently filed Quarterly Reports on Form 10-Q, including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections included therein, as may be updated from time to time in our filings with the SEC and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

end

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.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova reports fourth quarter and full year 2025 financial results; increasing outlook with Prolec GE acquisition

11 min read
  • Strong performance with significant orders and backlog growth, margin expansion, and cash generation

  • Fourth Quarter 2025 Highlights:

    - Orders of $22.2B, +65% organically with growth in all segments

    - Backlog1 growth of $15.0B sequentially from equipment and services at Power and Electrification

    - Gas Power equipment backlog and slot reservation agreements grew from 62 to 83 GW

    - Revenue of $11.0B, +4%, +2% organically* with services growth in each segment

    - Net income of $3.7B; net income margin of 33.5%; inclusive of a $2.9B tax benefit due to a U.S. valuation allowance release

    - Adjusted EBITDA* of $1.2B and adjusted EBITDA margin* of 10.6%

    - Cash from operating activities of $2.5B; free cash flow* of $1.8B

  • Full Year 2025 Highlights:

    - Orders of $59.3B, +34% organically, led by equipment at Power and Electrification and services in each segment

    - Total backlog growth of $31.2B year-over-year; grew equipment margin in backlog by $8B, with 6 pts of accretion 

    - Revenue of $38.1B, +9% on a U.S. GAAP basis and organically* driven by growth in Electrification and Power

    - Net income of $4.9B; net income margin of 12.8%; inclusive of a $2.9B tax benefit due to a U.S. valuation allowance release

    - Adjusted EBITDA* of $3.2B and adjusted EBITDA margin* of 8.4%

    - Cash from operating activities of $5.0B; free cash flow* of $3.7B

    - $8.8B cash balance; $3.6B in capital returned to shareholders 

CAMBRIDGE, Mass., (January 28, 2026) – GE Vernova Inc. (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition, today reported financial results for the fourth quarter and full year ending December 31, 2025.

“We delivered strong financial performance in 2025 with continued momentum in Power and Electrification while focusing on what we can control in Wind. We increased our backlog to $150 billion, with better equipment margins, and are entering 2026 with significant momentum,” said GE Vernova CEO Scott Strazik. “Our platform of advanced solutions is well-positioned to serve the growing, long-cycle electric power market, and there is substantial opportunity to deliver even better performance ahead. I’m grateful for our team’s dedication and confident in our ability to meet our full potential today and for the long-term.”

"We delivered a strong finish to 2025 as we executed our financial strategy, with robust quarterly orders, revenue growth, margin expansion, and significant free cash flow generation. We expanded our 2025 backlog across equipment and services, with equipment margin in backlog expanding six points year-over-year, reflecting favorable price and our continued focus on disciplined underwriting,” said GE Vernova CFO Ken Parks. “Given our strong free cash flow generation, we ended the quarter with a healthy cash balance of nearly $9 billion, which continues to give us confidence to invest in our core businesses and return cash to shareholders through our share repurchase actions and quarterly dividend payment, while maintaining a strong investment grade balance sheet. Today, we’re also increasing our multi-year financial outlook to include Prolec GE.”

 

GE Vernova

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[1] Defined as remaining performance obligation (RPO)

*Non-GAAP Financial Measure

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This 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 spin-off 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 year ended December 31, 2024, and in the Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, 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 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 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 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 www.gevernova.com/investors. An archived version of the webcast will be available on the website after the call.

end

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.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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GE Vernova reports fourth quarter and full year 2025 financial results
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Michael Lapides

GE Vernova | Vice President of Investor Relations

+1 617 674 7568

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Adam Tucker
GE Vernova | Director of Financial Communications