SCHENECTADY, NY. (June, 18, 2024) - GE Vernova Inc. (NYSE: GEV) announced today that delivery is underway for 88 of its 2.8 MW-127m* workhorse wind turbines for Puget Sound Energy’s (PSE) Beaver Creek wind farm in Stillwater County, Montana. Turbine deliveries for the project, which was booked by GE Vernova in the fourth quarter of 2023, first began in May 2024.

The Beaver Creek Wind Project is expected to have an initial capacity of 248 MW, enough energy to power the equivalent of about 83,000 homes per year. The project is expected to utilize an estimated 150-200 skilled workers during construction with an expected ongoing need for 10-15 permanent on-site workers during operation. The project will interconnect on NorthWestern Energy’s system and will use existing PSE transmission lines to bring wind energy back to PSE customers.

Stephen Swift, Chief Commercial Officer of GE Vernova Wind, said: “We are pleased to work with Puget Sound Energy to supply their Beaver Creek Wind Project, which takes advantage of Montana’s strong wind profile to help them drive their clean energy transformation. Like Puget Sound Energy, GE Vernova understands the importance of meeting the demand for clean energy while at the same time continuing to deliver safe and reliable energy. Our GE 2.8 MW-127m workhorse turbines are ideally suited to help PSE and other customers meet ambitious clean energy goals.”

“PSE is excited to leverage our experience developing and operating major wind projects and the expertise of GE Vernova, which has been established in the wind business for decades, for delivery of the Beaver Creek Wind Project,” said Jim Hogan, Director of Major Projects at PSE. “Our partnership with GE Vernova on this project helps us as we take another step forward in delivering one of the most ambitious clean energy transformations of any utility in the country.”

GE Vernova's Onshore wind business has a total installed base of approximately 56,000 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 technology that leads with high-powered turbines to enable high-quality scale and drive decarbonization through affordable and sustainable generation of renewable energy. The portfolio builds on the 2.8 MW-127m workhorse turbine. With over 23 GW installed and 200 million operational hours, the 2.8 MW-127m is one the best-selling turbines in the U.S. in history. Designed specifically for the U.S. market, the 2.8 MW-127m continues to deliver best-in-industry ease of installation and a high capacity factor.

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*Note to Editors: GE’s 2.8 MW turbine with a 127 meter rotor is what we refer to as the 2.8 MW-127m.

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 Wind segment is focused on delivering a suite of wind products and services to help accelerate a new era of energy by harnessing the power of wind. The business comprises the Offshore Wind, Onshore Wind, and LM Wind Power businesses. Technologies provided to customers include the Haliade-X platform, our offshore wind turbine, and the next generation high efficiency 3-megawatt onshore wind turbine, as well as maintenance solutions and life extension optionality.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy.

About Puget Sound Energy
Puget Sound Energy (PSE) is proud to serve its neighbors and communities in 10 Washington counties. PSE is the state’s largest utility, supporting approximately 1.2 million electric customers and 900,000 natural gas customers. They aspire to be a beyond net zero carbon energy company by 2045. For more about PSE and what they do, visit pse.com. Also follow them on Facebook and X.

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 often address GE Vernova’s expected future business and financial performance and financial condition, 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 GE Vernova's business operations, financial results and financial position and on the global supply chain and world economy.

GREENVILLE, N.C. (June 5, 2024) - Next Engineers, a global college - and career - readiness program working to increase the diversity of young people in engineering, celebrated the graduation of its first-ever Engineering Academy students in Greenville, South Carolina.

The 49 students from 24 high schools across the Upstate South Carolina area who completed the program – many of whom plan to enroll as engineering students at Clemson University this fall – were joined by family and friends at The Owens Pavilion at the Clemson University Conference Center and Inn for a celebration to honor their achievements. Clemson University is the educational partner for the local Next Engineers program, which was established in 2021, and GE Vernova engineers and employees from Greenville, S.C. actively engage with the program through skill-based volunteering.

John Intile, Vice President, Engineering, GE Vernova, told the graduates that they carry the legacy of Next Engineers and that they are part of a lineage going back to GE's founder, Thomas Edison.

"Your canvas is broader, your tools more advanced," he said. "You’ll build bridges that connect continents, design sustainable energy systems, and perhaps even send humans to Mars. As you step into this vast universe of possibilities, remember that you’re not alone. The GE Vernova family stands with you. We believe in your potential, your audacity and your ability to change the trajectory of humanity."

Students who complete the Engineering Academy program and enroll in a qualified engineering or engineering-related degree program receive scholarships to support their education towards becoming engineers.

Serita Acker, the executive director of Clemson University’s PEER & WISE, said that the skills and knowledge students have developed have laid a strong foundation.

"I extend my heartfelt congratulations to each and every graduate," she said. "Their commitment and hard work inspires us all, and I have every confidence they will continue to make a positive impact in the field of engineering and beyond.

"I also want to express my sincere gratitude to GE Vernova in Greenville for their unwavering support and partnership throughout this journey. Together, we have laid the groundwork for a brighter future in engineering, and I am excited to see the continued success of Next Engineers in empowering young minds."

The Next Engineers: Engineering Academy is a transformative learning experience designed for students aged 15 to 18. Through a rigorous curriculum, immersive design challenges, and career coaching, participants learn to think and act like engineers.

Key program highlights:

• Dedication: The Engineering Academy spans three years, with students dedicating 220 hours outside of regular school hours to participate.
• Design challenges: In small teams, students tackle increasingly complex design challenges, mastering the engineering design process.
• Foundational skills: Beyond technical knowledge, students develop essential skills such as communication, teamwork, persistence, time management, and presentation abilities.
• Education and career exploration: Workshops and activities prepare students for their next steps, including university campus tours and interactions with company volunteers.
• Scholarships: Students who complete the program and enroll in post-secondary engineering degree programs receive partial scholarships. Next Engineers anticipates granting at least $2 million in scholarships to the inaugural classes of Engineering Academy students worldwide.

Greenville, South Carolina was among the first four locations to launch Next Engineers, with a $5M investment from the GE Foundation in 2021. To date, Next Engineers, which also includes middle school programming, has reached more than 4,600 students across the Upstate.

Next Engineers is not the only way the Upstate community has committed to producing the next generation of STEM talent. The GE John Lammas Annual Scholarship, funded by GE Vernova,  provides $8,000 scholarships to underrepresented students majoring in general engineering, chemical engineering, computer engineering, computer information systems, electrical engineering, industrial engineering, mechanical engineering and materials science and engineering.

For more information about Next Engineers and the Engineering Academy, visit NextEngineers.org.

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Caption for photograph
(Left to right) Brittany Fatima Sanders, Clemson University Program Manager, Next Engineers; Jennifer Edwards, GE Vernova Foundation Director; Clemson Tiger; John Intile, GE Vernova VP, Engineering; Serita Acker, Clemson University Executive Director, Peer and Wise

About Next Engineers
Next Engineers, a program originally funded by the GE Foundation in 2021, now known as the GE Aerospace Foundation, is a college and career readiness program dedicated to inspiring and preparing the next generation of engineers. Through innovative programs, mentorship, and community partnerships, we empower young minds to shape a better future through engineering.

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.

About Clemson University
One of the most productive public research universities in the nation, Clemson University attracts and powerfully unites students and faculty whose greatest desire is to make a difference in the lives of others. Ranked among the best national public universities by U.S. News & World Report, Clemson is dedicated to teaching, research and service. Our main campus, located in Upstate South Carolina, sits on 1,400 acres in the foothills of the Blue Ridge Mountains, along the shores of Lake Hartwell. We have a presence in every South Carolina county through research facilities, economic development hubs and Innovation Campuses. Through the research, outreach and entrepreneurial projects led by our faculty and students, Clemson University is driving economic development and improving quality of life in South Carolina and beyond.

CAMBRIDGE, Mass. (May 23, 2024) - GE Vernova Inc. (NYSE: GEV) today announced it has launched ThinkLabs AI, Inc., a new startup focused on developing technology to help enhance grid planning through a combination of intelligent automation and AI. ThinkLabs is the first startup to be launched from GE Vernova. This move highlights the company’s commitment to enhancing the speed at which it brings energy transition innovations to customers.

“Our customers and the vital energy challenges we’re solving for demand relentless innovation,” said Limor Spector, President of Ventures and Incubation for GE Vernova. “This initial early-stage investment highlights one of the many ways we are committed to developing an innovative ecosystem in support of changing the trajectory of climate change.”

ThinkLabs is the result of an incubation effort launched by GE Vernova’s Electrification Software business and led by Josh Wong. During his time at GE Vernova, Wong focused on the application of disruptive technologies to help improve the way electric utilities manage, balance, optimize, and coordinate the grid. Wong has left GE Vernova to lead ThinkLabs as its chief executive officer.

ThinkLabs was pre-seeded with an initial early-stage investment by GE Vernova. An additional first-time seed-stage investment of $5 million was co-led by Powerhouse Ventures and Active Impact Investments. Other participants in the round included Blackhorn Ventures, Amplify Capital, Mercuria Energy, and a national US energy company. The company will be privately owned by its founders, GE Vernova, and the other investors.

The software application ThinkLabs is developing uses a combination of intelligent automation and AI to help enhance grid planning. The early-stage application, which is leveraging external funding partners to accelerate development, is planned to complement GE Vernova’s GridOS^® software portfolio. The GridOS portfolio is comprised of a platform and suite of AI and Power Systems-based applications designed to help enable secure, reliable grid orchestration while delivering the resiliency and flexibility utilities need to modernize and transform to a more sustainable energy grid.

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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 more than 80,000 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 Electrification Software business is focused on delivering the intelligent applications and insights needed to accelerate electrification and decarbonization across the entire energy ecosystem – from how it’s created, how it’s orchestrated, to how it’s consumed. Its Grid Software business and GridOS® portfolio is trusted by global utilities to orchestrate a more sustainable energy grid and help deliver reliable and affordable electricity to their customers.

About ThinkLabs AI, Inc.
ThinkLabs AI, Inc. is a specialized AI development and deployment company. Our mission is to empower critical industries and infrastructure with trustworthy AI towards global energy sustainability. We’re developing our flagship product, ThinkLabs Copilot, a digital assistant that understands the real world with proprietary physics-informed AI digital twins that provide a foundation model for engineering systems. For more information on ThinkLabs AI, Inc., visit thinklabs.ai.

In 2009, the United States Department of Energy was seeking a dose of radical thinking. Early that year, its newly created Advanced Research Projects Agency–Energy (ARPA-E) issued an open call for “the most revolutionary energy technologies.” If ARPA-E officials were expecting a steady trickle of ideas from business, academia, and research laboratories, they were wrong. They’d just opened the floodgates.

CAMBRIDGE, Mass. (May 20, 2024) – GE Vernova Inc. (NYSE: GEV) Chief Executive Officer, Scott Strazik, will present at the Bernstein 40th Annual Strategic Decisions Conference in New York City on Thursday, May 30, at 3:30 PM ET. Strazik will speak in a fireside chat on managing the energy transition and discuss the outlook for GE Vernova’s Power, Wind, and Electrification segments.

The conference webcast and replay will be available through GE Vernova’s Investor Relations website at https://www.gevernova.com/investors/events/bernstein-40th-annual-strategic-decisions-conference-2024.

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Additional information
GE Vernova’s website at www.gevernova.com/investors, as well as GE Vernova’s LinkedIn and other social media accounts, contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit these websites from time to time, as information is updated, and new information is posted.

About GE Vernova
GE Vernova is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. 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 more than 80,000 employees across 100+ countries around the world.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova’s website and LinkedIn.

Project will add same technology already in existence

ANADARKO, Okla. (May 16, 2024) – Western Farmers Electric Cooperative’s (WFEC) and GE Vernova Inc. (NYSE: GEV) today announced the order for two new GE Vernova’s aeroderivative LM6000VELOX* package solutions, each including an LM6000* gas turbine and a generator, to replace aging steam turbines at its Anadarko Plant, Oklahoma. These new units are expected to expand the power plant, currently powered by five LM6000 PC gas turbines (two installed and commissioned in 1999, three units installed ten years later, in 2009). When the expansion will be completed, the Anadarko Plant is expected to deliver up to 350 megawatts (MW) with a total of seven LM6000 gas turbines.

“At WFEC, we continually evaluate capacity needs, while focusing on both the present and future power requirements of our members, and we are committed to maintain a reliable supply of electricity well into the future,” said Justin Soderberg, Western Farmers Electric Cooperative. “We selected GE Vernova’s LM6000VELOX units due to their fast start and quick ramp up/down capabilities. Rapid renewable energy growth presents system operators and energy providers with the increasingly difficult task of continuously ensuring stability of the grid and a reliable power supply, as renewable generation assets like wind turbines and solar farms are slightly less predictable by their very nature. Conversely, the aeroderivative gas turbines, powered by natural gas can help stabilize the grid and reduce the risk of electricity supply shortages.”

These aeroderivative units, derived from jet-engine technology powering the world’s airlines jets and well-known in the power generation industry for their quick start time in as little as 5 minutes to full power, will be a great complement to WFEC’s robust portfolio of almost 1,000 megawatts (MW) of renewable projects already in service or scheduled to be in service by the end of the decade.

WFEC has been working with Sargent & Lundy (S&L) as the owner’s engineer for the expansion of the plant. S&L is an engineering firm based in Chicago, Ill. S&L has worked hand in hand with WFEC staff on selecting the appropriate technology for these new units and developing a turbine specification. Fagen, Inc. has been selected as the EPC Contractor. The works are expected to start in late 2024 and be completed in late 2026.

*Trademark of GE Vernova and/or of its affiliates

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Notes to editors

*The order for the gas turbine power generation equipment for the Anadarko project was booked in Q1 2024

Western Farmers Electric Cooperative (WFEC) is a generation and transmission cooperative, headquartered in Anadarko, Okla. Now in its 83^rd year of operation, WFEC serves the electric needs of 21-member distribution cooperatives, across much of Oklahoma, the eastern parts of New Mexico, and into some areas of Kansas and Texas. WFEC also serves Altus Air Force Base. WFEC has a diverse generation portfolio of coal, natural gas, hydroelectric power, wind and solar.

Sargent & Lundy is one of the world’s longest-standing full-service architect engineering firms. Founded in 1891, the firm is a global leader in power, energy, and decarbonization with expertise in grid modernization, renewable energy, energy storage, nuclear power, fossil power, carbon capture, and hydrogen. Sargent & Lundy delivers comprehensive project services – from consulting, design, and implementation to construction management, commissioning, and operations/maintenance – with an emphasis on quality and safety. The firm serves public and private clients in the power, energy, gas distribution, industrial and government sectors.

GE Vernova (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 more than 80,000 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. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and gas power plant technologies and services with the industry’s largest installed base of approximately 7,000 gas turbines.

Fagen, Inc. is a full-service EPC contractor headquartered in Granite Falls, Minn. Utilizing a database of over 10,000 direct-hire employees, Fagen, Inc. provides both full EPC wraps and general contractor services to its client base. Fagen self-performs civil, structural, siding, insulation, millwright, piping, instrumentation, electrical, and commissioning. Striving to be the construction company most admired by their customers for their people, partnerships, performance and finished product, Fagen, Inc. is ultimately building a better world for tomorrow.

WILMINGTON, N.C. (May 9, 2024) - High burnup fuel rods, manufactured by GE Vernova’s Nuclear Fuel business, Global Nuclear Fuel (GNF), have been delivered to the U.S. Department of Energy’s (DOE) Oak Ridge National Laboratory (ORNL) for examination after commercial operation. The rods completed three full cycles of operation at a U.S. nuclear power plant.

“This shipment of these rods is another milestone in the drive to develop the next generation of even safer and more reliable fuel,” said Mike Chilton, Executive Vice President, GNF. “We are proud to be part of this collaboration with Oak Ridge National Laboratory and the U.S. Department of Energy to benefit the entire industry.”

“This fuel shipment to Oak Ridge National Laboratory is an important step in GNF’s efforts to commercialize their high burnup fuel,” said Frank Goldner, a nuclear engineer within DOE’s Office of Nuclear Energy. “High burnup fuels are expected to enhance the performance of today’s reactors and will help us on our path to reach net-zero emissions by 2050.”

The fuel rods were manufactured at GNF’s Wilmington, NC facility. Evaluation of the rods will help provide GNF and DOE with valuable information about high burnup fuel, a key goal of DOE’s Accident Tolerant Fuel (ATF) program.

Higher burnup fuel is expected to further enhance nuclear safety by enabling fuel to remain in the reactor core for longer periods of time before it is removed for long-term storage. It is anticipated that fewer bundles will support improved fuel cycle economics and power uprates. The post-irradiation examinations performed by ORNL support GNF’s development, engineering and licensing efforts to ensure the continued safe and reliable performance of fuel under expanded operating conditions.

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About GE Vernova
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. 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 more than 80,000 employees across 100+ countries around the world.

GE Vernova’s Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova’s Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova and LinkedIn.

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 often address GE Vernova’s expected future business and financial performance and financial condition, 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 the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

ATLANTA, Ga (May 6, 2024) – GE Vernova Inc. (NYSE: GEV) today announced it has secured an order for 16 of its aeroderivative LM6000VELOX* package solutions, each including an LM6000* gas turbine and a generator, to be installed at Tennessee Valley Authority (TVA)’s Kingston Energy Complex on the Clinch River arm of Watts Bar Reservoir near Kingston, Tennessee. The new units are expected to deliver a flexible supply of up to 850 megawatts of electricity to help enhance the reliability of the energy grid and help ensure TVA’s energy consumers have uninterrupted access to affordable and reliable power.

“The Kingston Energy Complex highlights the way diverse generation works together to ensure TVA can provide more reliable, resilient and affordable power,” said TVA Chief Operating Officer Don Moul. “These aeroderivative units will help us meet demand during peak energy usage and supplement solar generation on days when sunshine is limited.”

GE Vernova’s LM6000VELOX packages, expected to start operation in 2028, feature dual-fuel capability to flexibly operate on natural gas or on liquid fuels, if needed. In addition, the DLE combustor configuration is capable to meeting stringent environmental regulations, meeting emissions limits that comply with the regional air district requirements and avoiding water consumption for NOx emissions abatement.

Already an industry leader in carbon reductions, TVA has reduced emissions by 57 percent from 2005 levels. Nearly 60% of TVA’s energy comes from carbon-free sources including nuclear, hydropower, storage, and solar.

“This milestone project marks GE Vernova’s commitment to supporting TVA’s efforts to ensure affordability and reliability of electricity while focusing on more efficient and sustainable energy generation," said Dave Ross, President of GE Vernova’s Gas Power in the Americas region. “TVA is actively integrating more renewables into the system, investing in new technologies, and retiring older, less efficient generation and they are doing this in a holistic way that helps to ensure affordability, reliability, and resiliency for their 10 million customers.”

The LM6000 gas turbines are well-known in the power generation industry for their quick start time in as little as 5 minutes to full power, high cyclic life helping to complement intermittent power from renewable sources, and operational flexibility which can help stabilize the grid and reduce the risk of electricity supply shortages.

These units are derived from jet-engine technology powering the world’s airlines jets. With over 40 million operating hours and an installed base of nearly 1,300 across approximately 60 countries, these turbines have more operating experience than any other aeroderivative gas turbine greater than 40 MW. The LM6000 offers greater than 99 percent start and operational reliability and over 98 percent availability.

GE Vernova’s LM6000VELOX package, announced in October 2023, features enhancements aiming to reduce site construction time for power generation utilities, EPCs, and other industry stakeholders. The solution features a quick package installation in a simple cycle configuration, with an expected reduced installation and commissioning schedule and consequent lower costs.

*Trademark of GE Vernova and/or its affiliates

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Notes to editors

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 often address GE Vernova’s expected future business and financial performance and financial condition, 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 the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

About GE Vernova
GE Vernova (NYSE: GEV) is 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 more than 80,000 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. GE Vernova’s Gas Power business engineers advanced, efficient natural gas-powered technologies and services, along with decarbonization solutions that aim to help electrify a lower carbon future. It is a global leader in gas turbines and gas power plant technologies and services with the industry’s largest installed base of approximately 7,000 gas turbines.

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Learn more: GE Vernova and LinkedIn.

Atlanta, Georgia: April 11, 2024 – GE Vernova’s Gas Power business (NYSE: GEV) today announced it has secured an order for its 7HA.03 combined-cycle plant equipment from Louisville Gas and Electric Company and Kentucky Utilities Company (LG&E and KU), regulated utilities that are part of the PPL family of companies (NYSE: PPL), to power a new natural gas combined-cycle generating unit (NGCC) at the utilities’ existing Mill Creek Generating Station in Louisville, Kentucky.

Last year, the Kentucky Public Service Commission approved LG&E and KU’s plans to retire two aging coal generation units and build a new NGCC at its Mill Creek Generating Station. The commission also approved solar energy projects, battery storage, and a suite of energy efficiency programs.

“We’re proud to serve the communities in which our employees live and work at the lowest reasonable cost, and the addition of a new NGCC at our Mill Creek Generating Station – which has provided ‘round the clock’ energy to our customers for decades – is an important part of how we’re continuing to plan for Kentucky’s energy future in a responsible, affordable and reliable way”, said Lonnie Bellar, senior vice president, Engineering and Construction. “We’re also proud to partner with GE Vernova on bringing to life what will be the most advanced NGCC generating unit in our fleet”.

MC5 is expected to have an output of approximately 645-megawatts (MW) and will feature the most advanced GE Vernova 7HA.03 gas turbine, which will be fueled initially by natural gas, with the ability to utilize up to 50 percent hydrogen (by volume) as hydrogen becomes more available in the future.

GE Vernova will also provide a STF-D650 steam turbine along with a W86 generator, a Vogt Heat Recovery Steam Generator (HRSG) and its integrated Mark* VIe control system for gas turbine performance management. NGCCs, like MC5, have the lowest carbon dioxide (CO2) emissions and other emissions of all fossil-fuel powered generation.

“GE Vernova’s advanced HA gas turbines produce less than one-third of the carbon emissions of a similar coal-fired generating station, so constructing a NGCC works in harmony with LG&E and KU’s future carbon reduction plans by incorporating the potential of hydrogen-based fuels and carbon-capture technologies”, said Dave Ross, President of GE Vernova’s Gas Power in the Americas region. “We are honored to support LG&E and KU in this project, not only through bringing our advanced HA power generation equipment, but also by working to ensure its best operation through the deployment of controls software and remote monitoring abilities well into the future”.

The performance of the new 7HA.03 gas turbine includes a highly flexible ramp rate of 75MW/min as validated at GE Vernova’s Test Stand 7 in Greenville, South Carolina.

GE Vernova will also provide services to help increase operational efficiency, expected to generate key savings in maintenance costs due to less unplanned maintenance for the combustion turbines. Data collected from sensors throughout the facility will be monitored and analyzed 24/7 at GE Vernova’s Monitoring & Diagnostics (M&D) Center in Atlanta.

The plant will be built by TIC—The Industrial Company, a subsidiary of Kiewit, one of North America’s largest engineering and construction companies.

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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 often address GE Vernova’s expected future business and financial performance and financial condition, 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 the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

About LG&E and KU
Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve more than 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 335,000 natural gas and 436,000 electric customers in Louisville and 16 surrounding counties. KU serves 545,000 customers in 77 Kentucky counties and 28,000 in five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.

29 de março de 2024 - A GE Vernova, em atendimento à Lei 14.611/23, apresenta o Relatório de Transparência e Igualdade Salarial de Mulheres e Homens elaborado pelo Ministério do Trabalho e Emprego (M.T.E.), relativo ao 1º semestre de 2024. Os dados estatísticos apontados no relatório decorrem da metodologia adotada pelo M.T.E. para apontar diferenças salariais por grupos de cargos e não entre homens e mulheres que exercem as mesmas funções, não refletindo qualquer discriminação entre mulheres e homens. A GE Vernova é uma empresa comprometida em fomentar a diversidade e a inclusão e realiza diversas iniciativas que contribuem para um ambiente de trabalho mais inclusivo.