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11 Results

Press Release

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6 min read

GE Vernova’s Financial Services business and Lizard Renewables establish Alva Power – a Joint Venture to co-develop renewable energy projects in Italy

LONDON, UK (September 16, 2024) – GE Vernova’s (NYSE: GEV) Financial Services business and Lizard Renewables S.p.A. (“Lizard”), a prominent renewable energy company in Italy, today announced the establishment of Alva Power, a strategic 50-50 Joint Venture (“JV”), to support Italy in its electrification and decarbonisation goals by funding renewable energy project development.
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Articles & Insights

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2 min read

GE Vernova Releases First Quarter 2024 Results

.earn img { width: auto !important; } Today, GE Vernova released its first quarter 2024 earnings results after successfully launching as an independent, publicly traded company on April 2. We had a solid start to the year, with disciplined top line growth and significant margin expansion across all segments. We also reaffirmed our full year 2024 financial guidance for total company and our segments.

Press Release

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14 min read

GE Vernova hosts 2024 Investor Day

GE Vernova operationally and financially ready to spin off from GE on April 2

Press Release

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9 min read

GE Board of Directors Approves Spin-Off of GE Vernova; GE Vernova and GE Aerospace to Launch April 2, 2024

Board sets spin-off date for GE Vernova (NYSE: GEV) of April 2, 2024, pre-marketShareholders of record on March 19, 2024, will receive one share of GE Vernova for every four shares of GE ownedFollowing the planned spin-off of GE Vernova, GE shareholders will continue to hold their GE shares as GE Aerospace sharesBOSTON – February 29, 2024 – General Electric Company (“GE”) (NYSE: GE) today announced that its Board of Directors has approved the previously announced spin-off of GE Vernova.[1] The

Press Release

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15 min read

GE ANNOUNCES FOURTH QUARTER 2023 RESULTS

Excellent 2023 supported by solid fourth quarter; GE Aerospace and GE Vernova ready to launch in early AprilFourth quarter 2023:

Press Release

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6 min read

GE Vernova announces two updates to leadership team

Jessica Uhl to join as President overseeing R+D and Business DevelopmentPablo Koziner to serve as Chief Commercial OfficerCAMBRIDGE, MA: January 18th, 2024 – GE (NYSE: GE) today announced that GE Vernova has made two updates to its leadership team as the organization advances towards its planned spin-off in the beginning of the second quarter of 2024 and prepares to become a stand-alone company focused on the energy transition.
Several wind turbines in a large field

Articles & Insights

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9 min read

All the Pretty Workhorses: Giant Wind Farm Comes to New Mexico, Featuring GE Vernova’s 3.6-154 Turbines

Getting renewable electricity to big population centers is a growing challenge in the United States, but in the high desert of central New Mexico a plan is coming together. There, near the tiny town of Corona, GE Vernova will deploy 674 of its new “workhorse” 3.6-154 wind turbines* for the SunZia project and its developer, Pattern Energy. When completed in 2026, this colossus of a project will weigh in at a total 3,500 MW, making it the largest wind farm — and in fact the largest renewables project — in the Western Hemisphere, providing enough power for some 3 million people.

Press Release

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17 min read

GE Announces Boards of Directors for Future Independent GE Vernova and GE Aerospace 

Directors bring strong mix of domain expertise, diverse perspectives, and leadership experience to help GE Vernova lead the energy transition and GE Aerospace shape the future of flightBOSTON – November 14, 2023 – GE (NYSE:GE) today announced the Boards of Directors for GE Vernova—the planned independent public company that will be created following its spin-off from GE—and GE Aerospace.(1)

Press Release

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6 min read

GE Vernova announces two additions to leadership team

Ken Parks to become Chief Financial Officer of GE VernovaVic Abate to become Chief Executive Officer of GE Vernova’s Wind segmentGE Vernova Leadership Team fully staffed ahead of spin-off CAMBRIDGE, MA – Aug. 24, 2023 – GE (NYSE: GE) announced today that GE Vernova has appointed two new leaders to its leadership team. These appointments complete the executive leadership team for GE Vernova as the business prepares to launch as an independent company sometime in early 2024.

Press Release

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4 min read

GE and EDF sign a binding agreement related to EDF’s acquisition of GE Steam Power’s nuclear activities

Boston, November 4th, 2022 – GE and EDF today signed the binding agreement related to EDF’s acquisition of GE Steam Power’s nuclear activities.