Financial Services at GE Vernova

The energy transition cannot happen without access to capital.*

GE Vernova's Financial Services business offers project development and financial solutions to support customers and projects through a wide range of investing and structuring activities-from the early development stages to construction and into operations.

Selections from 2019 Greenville, South Carolina photoshoot Approved for Internal and External Use ROLE NAME Photographer Clint David Communications/Approvals Greg Stock Creative Services James Wyanski Legal Review Theo Stamatiadis IP and Product Review Vivekanandhan EHS Review Luke Tow

Specialized expertise, project development capabilities and capital solutions to enable energy transition projects.

Established over 45 years ago within GE Capital, Financial Services has an impressive track record in project development, structuring, risk, environmental, permitting, tax, insurance, principal investing, project financing and regulatory affairs to support our customers.

About us

With in-house project specialists - across commercial, finance, risk, environmental, technical, permitting, legal, tax, insurance, regulatory affairs and market strategy - and a broad network of strategic and investment partners, our offering is unique and unmatched by any industry OEM.

Financial Services has helped deliver $25B+ of capital to ~30 gigawatts of global renewable projects, through co-development funding, balance sheet investments and third-party capital.

Leveraging the scale and breadth of GE Vernova's energy transition products, we partner to create new market opportunities, influence policy and funding decisions and ensure access to the capital required to meet net zero and ESG goals.

Label
Scale
Scale

We serve GE Vernova's global power and renewable energy customers by providing financial solutions at any stage of a project. Our solutions span the capital spectrum and reach customers across the 180 countries GE Vernova operates in.

Label
People
People

Our leadership team has an average of 20+ years of industry expertise and is supported by a team of specialists in risk, portfolio, tax, insurance, legal, engineering, environmental, market strategy and regulatory affairs.

Label
Financing
Financing

We help developed and emerging markets finance their energy needs. We offer a wide range of investing and capital raising solutions, tailored to our customers' needs.

Label

45+

Years experience

$50B+

ECA financing capacity

$25B+

Renewable investing experience

$50B+

Capital investment experience

Our Focus

Strategy

Through our development, investment, financing and asset management activities, we are accelerating a pipeline of bankable wind, power, electrification and other energy transition projects required to simultaneously decarbonize and electrify the world with state-of-the-art technology from GE Vernova.

Read More
Capital Solutions

Our bespoke solutions span co-development funding, balance sheet investments and access to a large pool of third-party capital from public and private sector investors to enable projects at any stage, from early-stage and pre-construction financing to operations.

Read More
Financing Network

We have access to Export Credit Agencies (ECA), Development Finance Institutions, regional and international commercial banks, and strategic investors and partners that play a critical role in financing the energy transition.

Read More
Value Creation

We underwrite investments in quality energy infrastructure assets with strong risk adjusted returns, realizing value for our partners, buyers and GE Vernova.

Read More
Stills from the Motion Particle video assets
Leadership Team
GE Vernova
Nomi Ahmad

Chief Executive Officer

Nomi Ahmad is Chief Executive Officer ('CEO') at GE Vernova's Financial Services business where he is responsible for leading development, investment and financing activities and helping GE Vernova to deliver comprehensive and innovative customer solutions that accelerate the energy transition.  

Read Profile
GE Vernova
Gaurav Raniwala

Global Renewable Energy Leader

Gaurav Raniwala is Managing Director and Global Head of Renewable Energy at GE Vernova's Financial Services business, which has invested more than $19 billion in renewable energy globally since 2004 and is a leading tax equity investor in the U.S.  In his role, Gaurav leads the team responsible for underwriting, structuring, and managing investments in global renewable projects. He also serves on the Board of the American Council on Renewable Energy (ACORE).

Read Profile
GE Vernova
Patrick Leahy

Global Power Leader

Patrick Leahy is Managing Director and Global Power Leader at GE Vernova's Financial Services business. Patrick leads the team responsible for originating, underwriting, and managing investments in global gas-fired power generation projects, including carbon capture and sequestration. With a foundation of more than 45GW of thermal power investments, the businesses Global Power team provides project development, structuring and execution support to customers, partnering to deliver reliable, sustainable, and affordable energy solutions. 

Read Profile
GE Vernova
Uday Mathur

Global Leader, Capital Markets

Uday Mathur is the Global Leader, Capital Markets, Financial Services at GE Vernova. Uday is responsible for leading structured and project finance activities in power and renewable energy projects, helping GE Vernova to deliver comprehensive and innovative customer solutions that accelerate the energy transition.

Read Profile
GE Vernova
Heather Morice

Human Resources Leader

Heather Morice is the Human Resources Leader at GE Vernova's Financial Services business. In this role, she is responsible for ensuring the GE Capital business unit aligns to GE's cultural priorities, retains top industry talent and is continually positioned for success. 

Read Profile
GE Vernova
Vishal Gulati

Chief Financial Officer

Vishal Gulati is the Chief Financial Officer at GE Vernova's Financial Services business.  In this role, Vishal is responsible for providing financial leadership and driving strategy and execution of the businesses global finance activities.

Read Profile
GE Vernova
Torsten Marshall

General Counsel

Torsten Marshall is General Counsel at GE Vernova's Financial Services business. In his role, Torsten manages a team of lawyers and other legal professionals providing transactional, environmental, litigation, corporate governance, compliance, and regulatory support.

Read Profile
GE Vernova
John Pugh

Chief Risk Officer

John Pugh is Chief Risk Officer at GE Vernova's Financial Services business. In this role, he is responsible for transaction approvals within the credit authority delegated to the business and oversight of its investment portfolio.  Additionally, John oversees the business' Operations team which includes Risk process professionals and subject matter experts in Technical, Insurance and Investment Strategy.

Read Profile