GE Vernova's gas turbine orders and backlog are surging due to AI-driven power demand. Slot reservation agreements for gas turbine equipment signal robust future demand and customer commitment.
Amazon.com and Alphabet recently confirmed a gigantic expabnsion in capital spending to fund AI growth, GE Vernova expects to more than double its earnings over the next few years. These 10 Stocks Could Mint the Next Wave of Millionaires ›
SCHENECTADY, N.Y.--(BUSINESS WIRE)--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,...
Electricity consumption by U.S. data centers is expected to grow by 133% by 2030. In 2025, GE Vernova more than tripled the value of orders it signed directly with data centers.
CAMBRIDGE, Mass.--(BUSINESS WIRE)--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 off...
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