Dubai, UAE (May 6, 2024) – GE Vernova’s Gas Power business (NYSE: GEV) held its annual ‘Power Supplier Partnership Summit’ in Dubai, UAE, gathering over 200 representatives from 135 organizations across Europe, the Middle East, Africa, and beyond, both in person and virtually.

The summit included presentations, case studies, interactive discussions, and one-on-one meetings between senior representatives from GE Vernova and participating organizations. The event addressed themes such as safety, quality, power sector trends, challenges, opportunities, and strategies for bridging supply chain gaps to decarbonize the region’s energy system while meeting growing demand.

GE Vernova recognized several organizations with ‘Supplier Partnership Awards’ for excellence in safety, quality, on-time delivery, competitiveness, and overall partnership. Awardees included suppliers from Algeria, Iraq, Libya, and the UAE.

Joseph Anis, President and CEO of GE Vernova’s Gas Power business in Europe, Middle East & Africa (EMEA), stated, “As we work towards accelerating the energy sector’s transition to net zero, we acknowledge that collaboration is essential. Strengthening our network of diverse suppliers is crucial to maintaining operational agility and delivering high-quality solutions reliably and on time. Events like this summit help nurture the regional supply chain and support national industrialization and economic diversification goals, creating shared value in the power sector.”

GE Vernova, which spun off from GE and began trading independently on the New York Stock Exchange (NYSE) on April 2, 2024, has a significant role in the energy transition. The company’s technology base, including approximately 55,000 wind turbines and 7,000 gas turbines, helps generate about 30% of the world’s electricity.

With a presence in the Middle East spanning nearly 90 years, GE Vernova has contributed to the development of the energy sector through power generation, transmission, distribution, and digital solutions. Key investments in the GCC include the GE Manufacturing and Technology Center in Saudi Arabia, the GE Kuwait Technology Center, and the Jebel Ali Service Center in the UAE.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company encompassing Power, Wind, and Electrification segments, supported by its accelerators. With over 130 years of experience, GE Vernova is positioned to lead the energy transition by electrifying the world while decarbonizing it. Headquartered in Cambridge, Massachusetts, GE Vernova employs over 80,000 people across more than 100 countries. The company’s mission, “The Energy to Change the World,” focuses on delivering affordable, reliable, sustainable, and secure energy.

GE Vernova’s name reflects its legacy of quality and ingenuity (“GE”), Earth’s verdant ecosystems (“Ver”/”verde”), and a new era of lower-carbon energy (“Nova” from Latin “novus”).

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