LONDON, UK (March 13, 2025) – National Grid has officially awarded two segments of its £59bn High-Voltage Direct Current (HVDC) supply chain framework, securing essential works and equipment for major energy projects across the UK. Four key suppliers, including GE Vernova, have been selected under the HVDC Converter Framework, with contracts amounting to approximately £24.6bn. This agreement spans an initial five-year period, with an option for a three-year extension.

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About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a globally focused energy company specializing in Power, Wind, and Electrification, supported by its accelerator businesses. With a legacy spanning over 130 years, GE Vernova continues to address global challenges, playing a crucial role in the energy transition by expanding electrification while advancing decarbonization efforts.

Dedicated to powering economies, GE Vernova provides essential electricity that supports health, security, and quality of life. Headquartered in Cambridge, Massachusetts, U.S., the company operates in more than 100 countries, employing approximately 75,000 professionals. Guided by its mission, *The Energy to Change the World*, GE Vernova is committed to fostering a more affordable, reliable, and sustainable energy landscape.

GE Vernova’s Grid Solutions division enhances power transmission and distribution through advanced grid technologies, contributing to a secure and decarbonized energy transition.

Forward-Looking Statements

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