Delhi, India – ( 22 Dec 2025) - GE Vernova Inc. (NYSE: GEV) today announced that its Electrification Systems business has been awarded a major contract from Adani Energy Solutions Ltd. to supply high-voltage direct current (HVDC) technology for the 2.5-gigawatt (GW) Khavda–South Olpad renewable power transmission corridor in India. 

The Khavda–South Olpad corridor forms a critical backbone for India’s renewable energy expansion. Khavda, located in Gujarat’s Kutch region, is being developed as one of the world’s largest renewable energy zones, while South Olpad serves as a major pooling and injection point into India’s national transmission network. The corridor is designed to enable large volumes of renewable electricity generated in western India to be transferred efficiently into the wider grid.

GE Vernova’s scope

GE Vernova’s role in the project will be to provide advanced HVDC technology designed to operate at scale and with high reliability. This will include supplying a high-capacity ±500 kV, 2,500 MW (2 × 1,250 MW) voltage sourced converter (VSC)-based bipolar HVDC system for the point-to-point link.

HVDC systems are designed to transmit electricity over long distances with lower losses and greater controllability compared to conventional transmission approaches, making them well suited for large-scale renewable energy integration.

The scope covers the design of the complete HVDC system, including converter stations at each end, the supply of all major converter station equipment, and responsibility for erection, testing, and commissioning activities, excluding associated civil works. The system will be delivered using GE Vernova’s advanced eLumina™ control platform, designed to support stable, secure, and efficient grid operations.

The project will be mostly executed by GE Vernova’s India-based teams, drawing on local engineering expertise and manufacturing capabilities. Delivery will be planned in phases, with overall completion targeted by 2030.

“India is one of the world’s most important power markets, with rapidly growing electricity demand and large-scale renewable development, said Philippe Piron, President and CEO of GE Vernova’s Electrification Systems business.  “Projects like the Khavda–South Olpad HVDC corridor underscore the importance of high-capacity transmission infrastructure in connecting renewable energy zones with the national grid. This award reflects our continued commitment to India and our experience in delivering complex transmission projects that support grid reliability and long-term system performance. We appreciate the confidence placed in GE Vernova by Adani Energy Solutions and look forward to supporting the successful delivery of this project.”

“At Adani Energy Solutions, we are steadfast in our commitment to enabling India’s green energy transition by building robust infrastructure for renewable power evacuation. Our partnership with GE Vernova for the Khavda–South Olpad transmission corridor marks a significant milestone in advancing large-scale clean energy integration. We look forward to working together in delivering innovative solutions that will help power millions sustainably, bringing new opportunities and happiness to communities across the nation,” Mr. Kandarp Patel, CEO, Adani Energy Solutions Ltd.

A milestone for high-capacity HVDC deployment

With a capacity of 2,500 MW, the project represents the highest-rated VSC-based HVDC system planned in India to date. Projects of this scale highlight the growing role of advanced HVDC technology in enabling large-scale renewable integration and strengthening transmission networks in fast-growing power markets.

The successful delivery of high-capacity VSC-based HVDC systems at this level reflects the increasing maturity of next-generation HVDC technology and its readiness to support complex grid requirements—both in India and in other regions facing rapid electrification and demand growth.

Supporting grid stability in renewable-heavy systems

VSC-based HVDC technology plays an increasingly important role in renewable-heavy power systems by providing fast frequency response, enhancing grid stability, and enabling precise control of power flows. These capabilities help manage variability, reduce congestion, and support reliable grid performance as renewable penetration continues to increase.

GE Vernova has a long-standing track record in delivering large-scale transmission projects in India. This includes its role in supplying HVDC technology for landmark projects such as the Champa–Kurukshetra HVDC link, one of the country’s earliest ultra-high-capacity transmission systems, which enabled long-distance power transfer across regions. Building on this experience, GE Vernova continues to support India’s evolving grid requirements through advanced transmission technologies designed for scale, reliability, and integration of new generation sources.

-ENDS-

Notes to Editors:

This letter of award is expected to be booked as an order by GE Vernova’s Electrification Systems segment in the first half of 2026

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 75,000 employees across 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.

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

Forward Looking Statements

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

Berlin, Germany; Singapore (December 11, 2025) – GE Vernova and Seatrium today announced that their consortium has been awarded a contract by TenneT to deliver a major part of BalWin5, a new 2.2-gigawatt (GW) offshore high-voltage direct current (HVDC) grid connection designed to transmit electricity from offshore wind farms in the German North Sea to the onshore transmission network in Germany. Once operational, BalWin5 is expected to provide enough renewable electricity to power approximately 2.75 million households. BalWin5 is one of TenneT’s 2 GW projects. This new generation of powerful offshore grid connection systems is set to speed up the integration of large-scale offshore wind energy into the German grid, thereby supporting the country's energy transition and climate goals.

This contract is the fourth project awarded to the GE Vernova-Seatrium consortium under the five-year Framework Cooperation Agreement with TenneT announced in March 2023. It is also the consortium’s first win concerning TenneT’s German 2 GW projects. BalWin5 marks an important step in strengthening Germany’s electricity infrastructure and supporting the country’s long-term goals for energy security and decarbonization.

GE Vernova and Seatrium consortium’s scope

As part of the contract, GE Vernova’s Electrification Systems business is expected to deliver the onshore and offshore converter stations and the complete HVDC technology, including the advanced control and protection systems that help maintain stable and secure operation across the transmission network. HVDC links are designed to support the high-capacity, long-distance transmission of offshore wind power, helping to reduce transmission losses and improve overall system performance.

Seatrium is responsible for the design and construction of the offshore converter platform and will manage transportation and installation in the German North Sea. Works are scheduled to commence on 1 January 2026, with majority of platform fabrication taking place at Seatrium’s yards in Singapore and Batam.

“BalWin5 reflects the scale and ambition of Germany’s energy transition, and we are proud to support TenneT in this important program. Our Electrification Systems business brings decades of innovation in HVDC technology, helping deliver solutions that are designed for efficiency, affordability, and long-term energy security. Working alongside Seatrium, we are confident in our ability to deliver a high-quality system that strengthens the offshore grid and supports Europe’s move toward a more resilient and sustainable electricity infrastructure.” says, Philippe Piron, CEO, GE Vernova’s Electrification Systems business.

“We are proud to extend our partnership with TenneT and GE Vernova to deliver this transformative offshore wind solution as we collectively push boundaries to accelerate energy transition goals and innovation. Leveraging the proven design and experience gained from the first three platforms we are building for TenneT, we are confident in delivering an equally high-quality product safer and more efficiently through our series-build strategy, underpinned by the collective power harnessed from our One Seatrium Global Delivery Model.” says Samuel Wong, Executive Vice President of Seatrium Energy (Fixed Platforms).

About BalWin5, the 2.2-gigawatt offshore grid connection

TenneT’s BalWin projects are a series of large offshore grid connections designed to transport electricity from wind farms in the German North Sea to the onshore grid. Each project in the BalWin program is built to move significant volumes of renewable energy into Germany’s electricity system as part of the country’s wider offshore wind expansion.

BalWin5 is one of TenneT’s major new projects to bring more electricity from North Sea wind farms into Germany’s power grid. The connection is being designed to carry up to 2.2 gigawatts of wind power to homes and businesses, allowing Germany to make better use of the large offshore wind farms operating in the North Sea. The additional 200 megawatts above the standard 2-GW design come from building the system with enough technical headroom to transport more power when wind conditions allow. This means more renewable electricity can be delivered without needing extra infrastructure or added cost.

The system will include an offshore converter station in the North Sea, an onshore converter station at Bremen-Werderland, and a combined 325-kilometer sea and land cable system. Commissioning is planned for 2032.

Today’s offshore grid connections are typically much smaller, at around 900 megawatts. Increasing the transmission capacity to 2.2 gigawatts means that the connection can carry more power, making use of the infrastructure more efficiently and reducing the overall cost of bringing offshore wind to shore. By transporting more electricity per system, the cost per megawatt falls and the offshore network becomes more efficient.

TenneT is applying this new standard across several projects through long-term framework agreements, which give suppliers clearer visibility and allow the systems to be delivered faster, more efficiently, and at a lower cost.

-ENDS-

WILMINGTON, North Carolina (December 11, 2025) – The GE Vernova Hitachi Nuclear Energy (GVH) BWRX-300 small modular reactor (SMR) has completed Step 2 of the Generic Design Assessment (GDA) process in the UK.

The BWRX-300 completed Step 1 of the GDA process in December 2024 and GVH has now received formal notification about completion of Step 2. The Office for Nuclear Regulation (ONR), the Environment Agency (EA) and Natural Resources Wales (NRW) utilize the GDA process to ensure that new reactor designs meet the highest standards for safety, security and environmental protection. The ONR and EA statements indicate that their Step 2 assessment has not identified any fundamental safety, security safeguard or environmental protection shortfalls with the design of the BWRX-300.

“Completing Step 2 of the GDA is a significant regulatory milestone,” said Andy Champ, GVH UK Country Leader. “This is the fastest that any technology provider has completed steps 1 and 2, truly demonstrating the value of our progress in construction in Canada and is another sign that the BWRX-300 continues to advance globally.”

As it works to deploy the BWRX-300 in Poland and Eastern Europe, Orlen Synthos Green Energy (OSGE) coinvested in the GDA for the BWRX-300 as part of the UK government’s Future Nuclear Enabling Fund project to benefit from regulatory lessons learned.

“Today we have taken another step towards supporting Britain with much needed affordable, clean and reliable energy,” said Rafał Kasprow, CEO, OSGE. “By completing GDA Step 2, the BWRX-300 continues prove it is the world’s most deployment ready SMR.”

Momentum around the BWRX-300 continues to build globally. Construction of the first BWRX-300 is underway at Ontario Power Generation’s (OPG) Darlington site near Toronto. A total of four units are planned for the site. The U.S. Nuclear Regulatory Commission has accepted and is reviewing Tennessee Valley Authority’s (TVA) application to construct the first BWRX-300 in the U.S. at the utility’s Clinch River site in Oak Ridge, Tennessee. OPG, TVA, Duke Energy and Synthos Green Energy in Poland are investing in the standard design of the BWRX-300. These developments support GVH’s progress and leadership in scaling and deploying SMRs commercially to customers around the globe.

BUCHAREST, Romania (December 11, 2025) 2025 - GE Vernova Inc. (NYSE: GEV) announced today that it has signed an agreement with Public Power Corporation Renewables (PPC R) to supply, install and commission 14 of its 6.1 MW–158m* turbines for a wind farm in Vaslui county, Romania. The new agreement builds on an earlier deal to supply 23 of GE Vernova's 6.1 MW-158m turbines that was announced in September 2024. It also follows an announcement last week that the company will provide Greenvolt Power 42 of its 6.1 MW–158m onshore wind turbines to power the Gurbanesti wind farm in Călărași county in Romania.

The latest deal, which was booked in the second quarter of 2025, expands the presence of GE Vernova in Romania by adding 85 MW to the company’s existing onshore wind installed base in the country of more than 800 MW.

When completed, the project is expected to provide enough energy to power the equivalent of approximately 38,000 households.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said, “We are pleased to deepen our collaboration with PPC Renewables in Romania, strengthening our commitment to advancing sustainable energy solutions. This agreement not only reinforces GE Vernova's presence in the region but also exemplifies our dedication to delivering workhorse wind turbines that will help power thousands of homes and contribute to Romania's renewable energy goals."

GE Vernova has a total installed base of approximately 57,000 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 drives decarbonization through high-quality, affordable, and sustainable renewable energy.

###

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

CAMBRIDGE, Mass. (December 9, 2025) – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.50 per share quarterly dividend—doubling from a $0.25 quarterly dividend. The quarterly dividend will be payable on February 2, 2026, to shareholders of record as of January 5, 2026.  The Board of Directors has also approved a share repurchase authorization increase to $10 billion, from the prior authorization of $6 billion. GE Vernova has spent $3.3 billion of the authorization as of December 3, 2025.

Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova’s earnings, financial condition, cash requirements, prospects, and other factors. The share repurchase authorization has no expiration date and may be suspended or discontinued at any time.

Additional Information
GE Vernova’s website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as information is updated, and new information is posted. Investors are also encouraged to visit GE Vernova’s LinkedIn and other social media accounts, which are platforms on which the Company posts information from time to time.

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

Forward-Looking Statements
This document contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain, such as statements about possible future dividend declarations and payments and share repurchases. 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 U.S. Securities and Exchange Commission and as posted on our website at www.gevernova.com/investors/fls. GE Vernova does not undertake any obligation to update or revise its forward-looking statements except as required by law or regulation.

NEW YORK (December 9, 2025) – GE Vernova (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition, today hosts its 2025 Investor Update event to present its 2026 financial guidance and update its outlook by 2028, as well as provide commentary on key longer-term trends.

“At GE Vernova, we are in the early chapters of an incredible value creation opportunity with a stronger financial trajectory ahead,” said GE Vernova CEO Scott Strazik. “Electric power will be critical to unlocking economic growth in the decades ahead and we are well-positioned with our large installed base and platform of advanced solutions to serve this growing, long-cycle market. We will deliver value in the short term, but I’m most excited about our long-term potential as we focus on value-accretive capital allocation to drive growth and innovation while delivering shareholder returns. We are executing efficiently, and there is more to come as we enter 2026 with significant momentum.”

“We are executing our financial strategy, and we now expect to generate at least $22 billion in cumulative free cash flow by 2028,” said GE Vernova CFO Ken Parks. “Our large and growing backlog, with healthy margins from services and better equipment pricing, is furthering our momentum into 2026 and driving our increased outlook by 2028. We remain committed to maintaining an investment grade balance sheet as we make organic investments, pursue targeted M&A, and return at least one third of cash generation to shareholders through our higher dividend and increased share repurchase program.”

Financial Outlook
Today, GE Vernova reaffirms its 2025 revenue and adjusted EBITDA margin* guidance, raises its 2025 free cash flow* guidance, and presents its 2026 financial guidance. The company also raises its outlook by 2028, as presented at its 2024 Investor Update.

(a - Compound annual growth rate through 2028; 2025 is the base year

Multi-Year Segment Financial Outlook
GE Vernova also reaffirms its 2025 segment guidance and provides additional multi-year guidance.

All outlooks exclude the impact of the acquisition of the remaining 50% stake of Prolec GE and any related financing, which is expected to close by mid-2026, subject to customary regulatory approvals.

Capital Allocation
GE Vernova’s strategic principles for capital allocation continue to include organic investments to drive profitable growth, returning at least one third of cash generation to shareholders, and targeted mergers and acquisitions in core businesses. The GE Vernova Board of Directors has declared a $0.50 per share quarterly dividend, doubling from a $0.25 quarterly dividend, payable on February 2, 2026, to shareholders of record as of January 5, 2026. The Board of Directors has also approved a share repurchase authorization increase to $10 billion, from the prior authorization of $6 billion. GE Vernova has spent $3.3 billion of the authorization as of December 3, 2025.

Growth Beyond 2028
GE Vernova is well-positioned to deliver substantially higher returns beyond 2028, including from its:

• Large and growing equipment and services backlog, which is expected to reach approximately $200 billion by year-end 2028.
• More profitable, recurring Gas Power services revenue beginning in the 2030s.
• Expanded investments into artificial intelligence, robotics, and automation.
• Focus on developing and commercializing breakthrough energy technologies, including small modular nuclear reactors, carbon capture, solid oxide fuel cells, and grid-related technologies to support data centers and grid modernization.

Event Webcast
GE Vernova CEO Scott Strazik and CFO Ken Parks will present live from New York City, beginning at 4:30 PM ET today. The event will also be webcast, and accompanying materials and a replay can be accessed on GE Vernova’s Investor Relations website here.

Non-GAAP Financial Measures
In this document, the Company sometimes uses information derived from consolidated financial data but not presented in its financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission (SEC) rules. These non-GAAP financial measures supplement the Company’s GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons the Company uses these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures are included in this press release and GE Vernova's quarterly reports on Form 10-Q filed with the SEC and any updates or amendments it makes in future filings.

2025 and 2026 Guidance and Outlook by 2028: Adjusted EBITDA margin*
We cannot provide a reconciliation of the differences between the non-GAAP financial measures expectations and the corresponding GAAP financial measures for adjusted EBITDA margin* in the 2025 and 2026 guidance and outlook by 2028 without unreasonable effort due to the uncertainty of the costs and timing associated with potential restructuring actions and the impacts of depreciation and amortization.

2025 and 2026 Guidance and Outlook by 2028: Free cash flow*​
We cannot provide a reconciliation of the differences between the non-GAAP financial measures expectations and the corresponding GAAP financial measure for free cash flow* in the 2025 and 2026 guidance and outlook for cumulative free cash flow* from 2025 through 2028 without unreasonable effort due to the uncertainty of timing for capital expenditures.

2025 and 2026 Guidance: Power and Electrification organic revenue*
We cannot provide a reconciliation of the differences between the non-GAAP financial measures expectations and the corresponding GAAP financial measure of Power and Electrification organic revenue* for 2025 and 2026 without unreasonable effort due to the uncertainty of foreign exchange rates.

*Non-GAAP Financial Measure
[1] Defined as remaining performance obligation (RPO) 

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,” “anticipate,” “intend,” “plan,” “estimate,” “guidance,” “outlook,” “will,” “may,” and negatives or derivatives of these or similar expressions. These forward-looking statements include, among others, expectations about our future business and operating results and opportunities; expectations regarding electricity demand; the benefits we expect from our lean operating model; our ability to increase production capacity, efficiencies, and quality; current and future customer orders; our actual and planned investments; our focus on developing and commercializing innovative breakthrough energy technologies; our expected cash generation and management; our financial strategy and capital allocation framework, including organic investments, M&A, share repurchases, and dividends; 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:

• Our ability to successfully execute our lean operating model;

• Our ability to innovate and successfully identify and meet customer demands and needs;

• Our ability to successfully compete;

• Significant disruptions in our supply chain, including the high cost or unavailability of raw materials, components, and products essential to our business;

• Significant disruptions to our manufacturing and production facilities and distribution networks;

• Changes in government policies and priorities that reduce funding and demand for energy equipment and services;

• Shifts in demand, market expectations, and other dynamics related to energy, electrification, decarbonization, and sustainability;

• Global economic trends, competition, and geopolitical risks, including conflicts, trade policies, and other constraints on economic activity;

• Product quality issues or product or safety failures related to our complex and specialized products, solutions, and services;

• Our ability to obtain required permits, licenses, and registrations;

• Our ability to attract and retain highly qualified personnel;

• Our ability to develop, deploy, and protect our intellectual property rights;

• Our capital allocation plans, including the timing and amount of any dividends, share repurchases, acquisitions, organic investments, and other priorities;

• Our ability to successfully identify, complete, integrate, and obtain benefits from any acquisitions, joint ventures, and other investments;

• The price, availability, and trading volumes of our common stock;

• Downgrades of our credit ratings or ratings outlooks;

• The amount and timing of our cash flows and earnings;

• Our ability to meet our sustainability goals;

• The impact from cybersecurity or data security incidents;

• Changes in law, regulation, or policy that may affect our businesses and projects, or impose additional costs;

• Natural disasters, weather conditions and events, public health events, or other emergencies;

• Tax law and policy changes;

• Adverse outcomes in legal, regulatory, and administrative proceedings, actions, and disputes; 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 Operation" sections included therein, as may be updated from time to time in our SEC 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.

CAMBRIDGE, MA (December 8, 2025) – GE Vernova today announced it has set a new GUINNESS WORLD RECORDS title for the largest online toy drive in 24 hours, marking a milestone in its global giving campaign focused on inspiring curiosity in future innovators through STEM-focused play.

On Global Giving Day (Dec. 2), GE Vernova led a global Innovators Toy Drive in partnership with Toys for Tots – collecting over 23,000 toys in 24-hours to set the new world record. As part of its commitment to giving and STEM education, the GE Vernova Foundation is matching toys donated through the drive in a separate donation to Save the Children. Thanks to several additional partner donations including from Hasbro and Mattel, the drive will distribute over 70,000 STEM toys to children around the world by partners Toys for Tots and Save the Children.‌

Each toy was chosen to encourage problem-solving, discovery, and innovation, reflective of GE Vernova’s focus on empowering the next generation of engineers, scientists, and inventors.

“We are proud to give back and spark curiosity and creativity in kids around the world through this record-breaking STEM toy drive,” said GE Vernova CEO Scott Strazik. ”Inspiring and growing the next generation of leaders is critical to tackling the world’s toughest challenges and delivering the breakthrough innovations that will help us shape the future of energy.”

Strazik announced the record live on NBC’s TODAY, joined by Al Roker, as part of a sponsored segment highlighting the company’s global Innovators Toy Drive and the science behind play.

“At Toys for Tots, we believe every child deserves the joy of a new toy during the holidays,” said Ted Silvester, Colonel, USMC (Ret) Vice President, Toys for Tots. “Through this extraordinary partnership, GE Vernova has helped bring that joy to thousands of children while sparking their curiosity through STEM-focused play—a gift that lasts far beyond the season. We are also deeply grateful to our partners at Tremor, Group Sales and Pantheon, who helped create a fun, engaging experience and ensure these toys reached the families who needed them most.”

“We’re proud to partner with GE Vernova this holiday season to make STEM learning more accessible for children everywhere,” said Pina Jabbari, Head of Corporate Partnerships for Save the Children US. “Play is a universal force for good—and a powerful catalyst for connection, confidence and imagination. Through this initiative, we strive to give children around the world the chance to dream bigger and see themselves as the innovators of tomorrow.”

“Within the next decade, one of the greatest challenges for the energy sector will be the increasing demand for skilled workers,” said GE Vernova Foundation President Kristin Carvell. “We are proudly committed to investing in programs and opportunities like the Toy Drive to help grow skills and encourage future leaders to choose careers in the energy sector.”

To celebrate young innovators, GE Vernova is also hosting “Innovators Toy Land,” an immersive, pop-up STEM experience, at Rockefeller Center in New York City today.

The installation transforms the plaza into a vibrant playground of creativity, curiosity, and discovery, showcasing the power of creativity to spark innovation and features leading toy brands such as Lite-Brite®, Rubik's Cube®, SNAP CIRCUITS® and Slinky®. The experience features hands-on exhibits designed to make science and technology fun and accessible for children of all ages, including:

• Power Patterns: Create vibrant designs on a giant, wall-sized Lite-Brite® using colorful pegs. As guests add pieces, the full display evolves into a collective work of light and imagination.
• Grid Builder: Explore real SNAP CIRCUITS® to build simple circuits and see how electricity moves through a system—just like in a real power grid.
• Carbon Capture Lab: Reveal hidden “carbon” using safe materials and learn how engineers capture it from the air, bringing carbon-reduction technology to life.
• AI Robot Explorer: Step inside a digital wind turbine blade and guide an AI-powered robot through an inspection challenge inspired by real clean energy technology.
• Motion Momentum Lab: Race colorful Slinky® toys down tracks to see how simple physics transforms stored energy into motion.
• Power Portrait Studio: Enter interactive digital portals where motion-tracking technology transforms your movement into flowing ribbons of color and light.
• Pattern Puzzle Lab: Test your problem-solving skills with bright puzzles inspired by Spin Master’s Rubik’s Cube®, exploring how pattern recognition connects to real engineering challenges.

In addition, scientists from GE Vernova’s Advanced Research Center will be in attendance, conducting live demonstrations and experiments that will bring these real-world innovations to life.

Students from Ampark Neighborhood Elementary School (PS/MS 95 Sheila Mencher, Bronx), a community-driven school focused on nurturing creativity, The Jermain L. Green STEM Institute of Queens, which emphasizes hands-on learning and innovation, and Energy Tech High School, which prepares students for high-demand engineering careers in the fast-growing energy industry, will attend special field trips to experience the exhibit firsthand. Their participation underscores the importance of expanding access to STEM experiences for all students and reinforces that different perspectives enable bold and innovative ideas.

“If we want to build a smarter, more resilient energy system for the future, we need young leaders with strong foundations in science and engineering,” added Strazik. “STEM education is the pipeline for the innovators of tomorrow who will modernize our grid, advance smart technologies, and discover the breakthroughs that change our world for the better.”

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 75,000 employees across 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 Save the Children
Save the Children believes every child deserves a future. Since our founding more than 100 years ago, we've been advocating for the rights of children worldwide. In the United States and around the world, we give children a healthy start in life, the opportunity to learn and protection from harm. We do whatever it takes for children – every day and in times of crisis – transforming the future we share. Our results, financial statements and charity ratings reaffirm that Save the Children is a charity you can trust. Follow us on Facebook, Instagram, LinkedIn, X and YouTube.

About Toys for Tots
Toys for Tots, a 78-year National charitable Program run by the U.S. Marine Corps Reserve, provides year-round joy, comfort, and hope to economically disadvantaged children across the Nation through the gift of a new toy or book. Providing toys, books, and other gifts to disadvantaged children offers recognition, confidence, and a positive memory for a lifetime.  It is such experiences that help children become responsible citizens and caring members of their community.  Since 1947, the Program has evolved and grown exponentially, having delivered hope and the magic of Christmas to over 314 million children in need. Because the need isn’t just at Christmastime, the Marine Toys for Tots Program also provides support year-round to families experiencing challenges and exceptional circumstances, thus fulfilling the hopes and dreams of millions of disadvantaged children beyond the holidays.  The Marine Toys for Tots Foundation is a not-for-profit organization authorized by the U.S. Marine Corps and the Department of Defense to provide fundraising and other necessary support for the annual Marine Corps Reserve Toys for Tots Program.  For more information, visit www.toysfortots.org.

About Rockefeller Center
For more than 90 years, Rockefeller Center has been a global icon in the heart of New York City. Conceived by John D. Rockefeller Jr. as a “city within the city,” the Center comprises 13 buildings connected by an underground concourse. Under the stewardship of owner and operator Tishman Speyer, the Center has become the city's most dynamic place to work, play, dine, shop, and celebrate. Rockefeller Center is home to New York's leading attractions including The Rink, offering ice skating from October to March each year; and the Top of the Rock Observation Deck, featuring two new experiences: The Beam, recreating the iconic 1932 photo, and SKYLIFT, elevating visitors on an open-air glass platform three stories above 30 Rock's 70th-floor rooftop for unrivaled, unobstructed 360-degree views. Rockefeller Center is open daily and features year-round public programming, events and activations on the Plaza. Hailed by The New York Times as the “Restaurant Event of the Year,” the Center is home to restaurants by Michelin-starred and James Beard-winning chefs such as NARO, Le Rock, and Jupiter, as well as new casual eateries such as FIELDTRIP, Tipsy Baker, and Puya Tacos. During the holiday season, the Center is home to the world’s most famous Christmas Tree, as well exclusive experiences such as Après Skate Chalets and Christmas Spectacular show featuring the Radio City Rockettes. For more information or to purchase tickets to attractions and programs, visit rockefellercenter.com/

BUCHAREST, Romania (December 4, 2025) - GE Vernova Inc. (NYSE: GEV) announced today that it has entered into an agreement with Greenvolt Power – part of Greenvolt Group, a global leader in 100% renewable energy – to supply, install and commission 42 of its 6.1 MW–158m* onshore wind turbines to power the Gurbanesti wind farm in Călărași county in Romania.

This follows an earlier announcement that GE Vernova will supply 42 turbines for the Ialomiţa wind farm in Romania. Together, the two projects will produce approximately 500 MW, supporting Romania’s goal of adding significantly more renewable energy by 2030.

The Gurbanesti order was booked in the fourth quarter of 2025. Deliveries of the wind turbines are scheduled to begin in 2026.

The projects increase significantly Greenvolt’s wind capacity across Europe. The wind farms will support hundreds of full-time jobs during peak construction and will generate enough electricity to power the equivalent of more than 110,000 homes annually in Romania.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, said “We are pleased to once again support Greenvolt as they work to bring online more renewable energy in Romania and across the globe. Paired with our earlier announcement about supporting a similar sized Romanian wind farm, today’s announcement reinforces the value our workhorse turbines can create for customers in Romania and across Europe.”

GE Vernova has a total installed base of approximately 57,000 turbines and nearly 120 GW of installed capacity worldwide. Committed to its customers' success for more than two decades, its product portfolio offers next-generation high-powered turbines at scale that drives decarbonization through high-quality, affordable, and sustainable renewable energy.

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

WILMINGTON, North Carolina (December 2, 2025) – The U.S. Department of Energy (DOE) has announced a $400 million grant to the Tennessee Valley Authority (TVA) to continue to accelerate deployment of GE Vernova Hitachi Nuclear Energy’s BWRX-300 small modular reactor (SMR). With commercial operation of the first BWRX-300 at the utility’s Clinch River Site targeted for the early 2030s, it would become the nation’s first commercial SMR.

“The BWRX-300 is the only commercial SMR technology being built right now in the Western world, and this grant will accelerate its deployment in the U.S.,” said Scott Strazik, CEO, GE Vernova. “We would like to recognize the DOE for its leadership in support of the nuclear industry and for championing public-private partnerships to advance the next generation of nuclear technology and bolster the nation’s energy security.”

TVA led a coalition of utility and industry partners, including GE Vernova Hitachi, in applying for funding through DOE’s Generation III+ SMR program. The coalition of partners involved in the funding application reflects the industry’s confidence in the BWRX-300 and the role its accelerated deployment through this grant will play in further strengthening the U.S. nuclear supply chain.

In May of this year TVA submitted a construction permit application to the U.S. Nuclear Regulatory Commission (NRC) to build the first BWRX-300 in the U.S. at the Clinch River site in Oak Ridge, Tennessee. The NRC is currently reviewing the application.

Cambridge MA – [December 2, 2025] – This holiday season, GE Vernova celebrates the power of giving and creativity through two uplifting events: the transformation of Rockefeller Center into Innovators Toy Land and the launch of a global Innovators Toy Drive.

Opening to the public on Monday, December 8, Innovators Toy Land invites children and families to explore a series of interactive exhibits that showcase how play fuels creativity and how curiosity drives the breakthroughs of tomorrow.

Today on Global Giving Tuesday, GE Vernova has launched the Innovators Toy Drive in partnership with Toys for Tots and global humanitarian organization Save the Children. The global campaign will collect and distribute STEM-inspired toys that nurture creativity, curiosity, and critical thinking— helping ensure that children around the world have access to resources and tools to dream, explore, and invent.

Together, these initiatives mark a joyful Season of Giving, one that honors curiosity, creativity, and community as essential forces for shaping a brighter future.

Innovators Toy Land is hosted by GE Vernova, with participation from leading toy brands such as Lite-Brite®, Rubik's Cube®, Snap Circuits® and Slinky®.

• Event: GE Vernova’s Innovators Toy Land
• Where: Rockefeller Center, 45 Rockefeller Plaza, NYC
• When: Monday, December 8 | 9AM – 4:30PM (open to media all day; closed to the public for a private event 10:30AM-1PM)
• Cost: Free and open to the public

Designed to engage visitors of all ages, Innovators Toy Land features a collection of hands-on exhibits that turn scientific concepts into fun, interactive learning moments. Among the featured experiences:

• Power Patterns: Create vibrant designs on a giant, wall-sized Lite-Brite® using colorful pegs. As guests add pieces, the full display evolves into a collective work of light and imagination.
• Grid Builder: Explore real Snap Circuits® to build simple circuits and see how electricity moves through a system—just like in a real power grid.
• Carbon Capture Lab: Reveal hidden “carbon” using safe materials and learn how engineers capture it from the air, bringing carbon-reduction technology to life.
• AI Robot Explorer: Step inside a digital wind turbine blade and guide an AI-powered robot through an inspection challenge inspired by real clean energy technology.
• Motion Momentum Lab: Race colorful Slinky® toys down tracks to see how simple physics transforms stored energy into motion.
• Power Portrait Studio: Enter interactive digital portals where motion-tracking technology transforms your movement into flowing ribbons of color and light.
• Pattern Puzzle Lab: Test your problem-solving skills with bright puzzles inspired by Rubik’s Cube®, exploring how pattern recognition connects to real engineering challenges.

Innovators Toy Land aims to spark early curiosity, helping today’s kids become the engineers, scientists, and problem-solvers who will shape a cleaner, smarter world tomorrow. Over the next five years the International Energy Agency (IEA) says we’ll need 30 million people to choose the energy industry to power the future, many of those jobs requiring STEM-related skills.

Students from Ampark Neighborhood Elementary School (PS/MS 95 Sheila Mencher, Bronx), a community-driven school focused on nurturing creativity, The Jermain L. Green STEM Institute of Queens, which emphasizes hands-on learning and innovation, and Energy Tech High School, which prepares students for high-demand engineering careers in the fast-growing energy industry, will attend special field trips to experience the exhibit firsthand. Their participation underscores the importance of expanding access to STEM experiences for all students, and reinforces that different perspectives enable bold and innovative ideas.

Through experiences like Innovators Toy Land, children are encouraged to see the world as a place of endless possibility, one where play and problem-solving go hand in hand.