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16.February

Lincoln Electric System to expand Terry Bundy Plant with GE Vernova gas turbine technology

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  • Two LM6000VELOX units to add около 100 MW of flexible capacity by 2029
  • Enhancing grid stability with advanced aeroderivative solutions
  • Project continues long-term collaboration between GE Vernova and municipal utilities

ATLANTA, GA (February 16, 2026) – GE Vernova (NYSE: GEV) announced it has secured a contract with Lincoln Electric System (LES) to supply two LM6000VELOX aeroderivative gas turbine packages for the Terry Bundy Generating Station in Lincoln, Nebraska. The installation of these units is expected to increase the plant’s capacity by approximately 100 megawatts, addressing rising electricity demand driven by population growth and expanding residential and commercial consumption.

The upgraded facility is scheduled to enter operation in 2029 and, under ISO conditions, is expected to deliver close to 100 MW once both turbines are commissioned. The LM6000VELOX platform is designed to improve efficiency and provide operational flexibility, strengthening plant reliability while supporting LES’s long-term energy strategy.

This initiative builds on a longstanding partnership between GE Vernova and Lincoln Electric System, reflecting a shared commitment to delivering reliable, high-performance, and increasingly sustainable energy solutions. The project also aligns with Nebraska’s evolving energy landscape, where electricity generation has traditionally relied heavily on coal (around 43% in 2024), alongside a growing share of wind power (approximately 32%).

“We continue to rely on GE Vernova because of their proven aeroderivative technologies and the expertise we’ve experienced over more than two decades, beginning with the first three units installed at this plant,” said Jason Fortik, Vice President of Power Supply at LES. “These turbines provide confidence that we can increase capacity while maintaining the efficiency and reliability our customers depend on.”

The LM6000VELOX gas turbines offer high efficiency, rapid startup — reaching full output in about ten minutes — and strong operational flexibility with high cyclic durability. These features help stabilize the grid and reduce the risk of supply shortfalls.

“This project highlights the strength of our collaboration with Lincoln Electric System and our shared focus on supporting the local community,” said Dave Ross, CEO of GE Vernova’s Gas Power business for the Americas. “We are proud to contribute to meeting the growing energy needs of the Lincoln area with efficient technologies that deliver reliable power to homes and businesses.”

With over 40 million operating hours and more than 1,300 units delivered worldwide, the LM6000 platform has the most extensive operational track record among aeroderivative gas turbines above 40 MW. These units achieve over 99% start reliability and more than 98% overall availability.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company focused on power generation, wind energy, and electrification, supported by accelerator businesses. With more than 130 years of experience addressing complex energy challenges, the company is positioned to support the global energy transition by expanding electrification while reducing carbon emissions. Headquartered in Cambridge, Massachusetts, GE Vernova employs around 85,000 people across approximately 100 countries and is guided by its mission, “The Energy to Change the World.”

GE Vernova’s Gas Power division develops advanced natural gas-based technologies and services, alongside decarbonization solutions aimed at enabling a lower-carbon energy future. The business is a global leader in gas turbines and power plant solutions, with the largest installed base in the industry.

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