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Press Release

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10 min read

GE Vernova to invest almost $600 million in U.S. factories and facilities over next two years

CAMBRIDGE, MA (January 29, 2025) – GE Vernova Inc. (NYSE:GEV), America’s leading energy manufacturing company, is planning to invest nearly $600 million in its U.S. factories and facilities over the next two years to help meet the surging electricity demands around the world.The new investments – expected to create more than 1,500 new U.S. jobs – will help drive U.S. energy affordability, national security, and competitiveness, and enable the American manufacturing footprint needed to support expanding global exports.
GE Vernova Releases Fourth Quarter

Articles & Insights

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4 min read

GE Vernova Releases Fourth Quarter and Full Year 2024 Financial Results

Today, GE Vernova released its financial results for the fourth quarter and full year ending December 31, 2024. We built a strong foundation in 2024, marked by solid growth, as well as significant margin expansion and cash generation. We also reaffirmed our 2025 financial guidance for revenue, adjusted EBITDA margin*, and free cash flow*.

Press Release

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68 min read

GE Vernova reports fourth quarter and full year 2024 financial results

Built a strong foundation in 2024 with solid growth, significant margin expansion and cash generationCAMBRIDGE, Mass., (January 22, 2025) – 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, 2024.

Press Release

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3 min read

GE Vernova to announce fourth quarter and full year 2024 financial results on January 22

CAMBRIDGE, Mass. (January 8, 2025) – GE Vernova Inc. (NYSE: GEV) is scheduled to release its fourth quarter and full year 2024 financial results on Wednesday, January 22, 2025, before market open.

Press Release

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11 min read

Integração para a descarbonização: respostas para desafios do setor elétrico no Brasil

 
Collage of GE Vernova workers

Articles & Insights

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4 min read

Meet a Dozen People Who Made GE Vernova’s First Year Remarkable

Last April, GE Vernova launched as a standalone company with a mission to electrify and decarbonize the world. The catalyst behind the change the company is creating is its 75,000-strong global team — their ideas, their energy, and their commitment. Meet a dozen of the people who helped GE Vernova get off to a running start. The Enlightener: Vera Silva
GE Vernova Sustainability Report

Articles & Insights

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5 min read

The 10 Biggest Stories from Year One of GE Vernova

“In my mind, there are no two letters that better embody the spirit of innovation — and have always embodied the spirit of innovation, in the past and the future of this country — than ‘GE,’” said Scott Strazik, CEO of GE Vernova, as his company officially completed its spin-off from the GE Corporation in April. In the eight months since, GE Vernova has continued to make good on its commitment to electrify and decarbonize the world. As the company looks forward to another year leading the energy transition, here’s a glance back at the biggest milestones of 2024. 
Scott Strazik, Michael Lapides, Ken Parks (left to right) at the Investor Update event.

Articles & Insights

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4 min read

GE Vernova 2024 Investor Update Recap

Yesterday, GE Vernova hosted its 2024 Investor Update event in New York City. Given our strong financial trajectory from robust customer demand and better execution, we raised our 2025 guidance and our outlook by 2028. We also framed our capital allocation strategy, announcing that our Board of Directors declared a quarterly dividend and approved an initial share repurchase authorization.
Image of the NZT Power Plant

Articles & Insights

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10 min read

North Star: This First-of-a-Kind Project in the U.K.’s Teesside Region Could Be the Template for Carbon Capture

Teesside, the urban region perched on the muddy banks of the River Tees in northeast England, used to be a global beacon of industry. In the mid-19th century, the port of Middlesbrough forged its reputation as “Ironopolis,” boasting nearly 100 blast furnaces that roared away round the clock. The town was also a major chemicals hub, drawing on the rock salt deposits at the mouth of the chilly North Sea to produce alkalis, fertilizers, and plastics.

Press Release

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5 min read

GE Vernova declares $0.25 per share quarterly dividend and initial $6 billion share buyback

NEW YORK (December 10, 2024) – GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend and approved an initial $6 billion share repurchase authorization. The quarterly dividend will be payable on January 28, 2025, to shareholders of record as of December 20, 2024.