WILMINGTON, North Carolina (March 10, 2026) – Global Nuclear Fuel (GNF), a GE Vernova-led partnership with Hitachi, Ltd. and an affiliate of GE Vernova Hitachi Nuclear Energy, announced that it has been awarded a contract by Entergy to continue supplying fuel for its Grand Gulf and River Bend nuclear power stations.

The new contract extends the existing agreement through 2035 and includes four reloads utilizing the advanced GNF4 fuel design.

“We have been supplying fuel to Grand Gulf and River Bend since 2008, and we are pleased to continue supporting Entergy with our latest and most advanced fuel technology, GNF4,” said Craig Ranson, Installed Base CEO of GE Vernova Hitachi Nuclear Energy and CEO of GNF. “We are confident that GNF4 will deliver both economic and operational benefits.”

Lead test assemblies of GNF4 are scheduled to be introduced at River Bend in 2027. Full reload deployments are planned for Grand Gulf in 2030 and River Bend in 2031.

Launched in October 2025, the 11×11 GNF4 next-generation fuel incorporates two key advanced technologies approved by the U.S. Nuclear Regulatory Commission: Ziron cladding, designed for enhanced corrosion resistance, and aluminosilicate-doped uranium dioxide pellets, which provide Accident Tolerant Fuel (ATF) advantages by improving overall reliability.

“Entergy is proud to maintain our long-term partnership with GE Vernova in fueling our boiling water reactors,” said Jack Davis, GM of Nuclear Fuels & Integrated Risk Services at Entergy. “We have been leaders in advancing ATF technologies, turning innovative concepts into practical solutions. The GNF4 design enables us to maintain power output while using less uranium and lower enrichment levels, resulting in cost savings for our customers.”

Fuel fabrication for both plants will be carried out at GNF’s facility in Wilmington, North Carolina.

In addition to fuel manufacturing, GNF offers a comprehensive range of services to nuclear power operators, including core and fuel cycle engineering, reload licensing, core management, predictive analytics, fuel reliability assessments, cyber-secure monitoring systems, fuel inspection services, and consulting on reactor operations and long-term fuel storage strategies.

About Global Nuclear Fuel

Global Nuclear Fuel (GNF) is a leading global supplier of fuel for boiling water reactors, along with related engineering services. The company operates as a GE Vernova-led alliance with Hitachi, Ltd. and conducts its primary operations through Global Nuclear Fuel-Americas, LLC in Wilmington, North Carolina, and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. Its affiliate, GE Vernova Hitachi Nuclear Energy, is a major provider of nuclear reactor services and advanced reactor designs, with key operations based in Wilmington, North Carolina.

About Entergy

Entergy (NYSE: ETR) generates, transmits, and distributes electricity to approximately 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company continues to invest in strengthening grid reliability and resilience while maintaining affordability for customers. Its energy portfolio includes natural gas, nuclear, and renewable generation. Headquartered in New Orleans, Louisiana, Entergy is a Fortune 500 company with around 12,000 employees and is widely recognized for its commitment to sustainability and community development.

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Located on Tanzania’s southeastern coastline near the Mozambican border, Mtwara is an area rich in opportunity. With significant onshore and offshore natural gas reserves, it plays an important role in the country’s long-term economic strategy. However, until recently, electricity demand in the region was growing faster than available supply.

Unlike major urban centers, Mtwara is not connected to the national grid. Instead, it has relied on a small, isolated system powered by outdated reciprocating engines. To address these challenges, TANESCO, the state-owned utility, implemented an innovative approach: relocating two GE Vernova TM2500 aeroderivative gas turbines — mobile, aircraft-engine-derived power units — from other parts of the country.

“The flexibility of these turbines was critical to making the project work,” said Gilman Kasiga. “TANESCO was able to shift generation capacity to where it was needed most, helping stabilize electricity supply for communities and businesses that had experienced outages for years.”

One of the mobile TM2500 aeroderivative gas turbines relocated to Mtwara to provide reliable electricity in southeastern Tanzania. (Image credit: GE Vernova)

Speed and Adaptability

In recent years, pressure on Mtwara’s electricity system has increased significantly. The region is experiencing rapid population growth and hosts energy-intensive industries, including Tanzania’s largest cement plant. Its deepwater port has also developed into a key export hub, facilitating trade with international markets. Additionally, a planned $42 billion liquefied natural gas project is expected to further accelerate economic activity and electricity demand.

By 2022, improving power reliability in Mtwara became a priority for TANESCO. The utility faced a choice: wait years for new infrastructure or act immediately. In collaboration with GE Vernova, it identified a mobile gas turbine in Dar es Salaam that could be rapidly redeployed.

This relocation did not significantly impact Dar es Salaam, which is connected to Tanzania’s national grid with over 4,000 megawatts of installed capacity. The temporary reduction in generation was minimal and absorbed without major disruption. Designed as a modular, trailer-mounted system, the TM2500 turbine was built for mobility. After disassembly, it was transported by road and sea to Mtwara and reinstalled within a few months.

At the Mtwara II plant, TANESCO representative Inyanya Ndeya (left) speaks with Erastus Ndungu, senior sales manager at GE Vernova Gas Power. (Image credit: GE Vernova)

“The longest part of the process was actually waiting for transport,” Kasiga explained. “Without that delay, the relocation itself could have taken just four to five weeks. These turbines are modular — essentially unplug, move, and reconnect.”

The first relocation, completed three years ago, proved highly successful. As a result, a second turbine was moved to Mtwara last year. Together, the two units now provide approximately 40 megawatts of capacity, with built-in redundancy that ensures continued supply even during maintenance.

Skills Gained, Emissions Reduced

The project has delivered benefits beyond improved electricity reliability. It also strengthened local technical expertise. GE Vernova engineers worked closely with Power Associates Limited, which led the relocation and installation efforts.

According to Kasiga, the project created a lasting impact by enabling local teams to execute a complex, fast-track energy project to international standards. This experience has enhanced their capabilities and positioned them for more advanced projects in the future.

In addition, the newer turbine technology supports broader energy transition goals. Compared to older reciprocating engines, the TM2500 is more fuel-efficient and produces lower emissions per unit of electricity. Its dual-fuel capability — allowing operation on both gas and liquid fuels — also adds flexibility in situations where fuel supply may be constrained.

Resilience Amid Growing Demand

Ensuring this level of resilience is a key element of GE Vernova’s ongoing partnership with TANESCO. In Mtwara, the focus has now shifted from rapid deployment to long-term operation, including routine maintenance and targeted upgrades to keep pace with rising demand.

“Reliable electricity builds confidence — it encourages investment, business expansion, and improved services,” Kasiga said. “Stable power creates the foundation for both economic growth and social development, which is the ultimate goal of this project.”

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The wind energy sector is experiencing a phase of rapid expansion. Forecasts indicate global capacity will nearly double by 2030, surpassing 2,000 gigawatts. This surge requires existing manufacturing facilities to scale up operations, accelerate production cycles, and enhance efficiency to keep pace with demand.

Located along Vietnam’s northeastern coastline, GE Vernova’s Hai Phong facility exemplifies modern manufacturing evolution. Since its 2009 launch, this 800-employee plant has become a global hub for wind turbine generators and electrical components, producing 80% of the company’s renewable energy parts for international markets.

Recent operational overhauls at the site have yielded significant results. “Our productivity has risen 15%, efficiency improved by 25%, and delivery timelines shortened by 30%,” explains Vu Trang, the plant’s general director. Leading a management team where women hold nearly 70% of roles—more than double Vietnam’s national average for female leadership—she emphasizes these advancements allow increased output without new machinery or safety compromises.

The Hai Phong Leadership team (from left): Safety and Maintenance Manager Dinh Huu Hoang, Electrical Assembly COE Manager Nguyen Hoai Thu, Material Management Manager Nguyen Hoang Giang, General Director Vu Thu Trang, Human Resource Manager Nguyen Thi Hoai Phuong, Wind Turbine Generator COE Manager Le Thi La, Finance Manager Hoang Thi Doan Trang, and Sourcing Manager Hoang Trong Huy. All images: GE Vernova

For Trang and her colleagues, surging demand has become a catalyst for reimagining factory operations and leadership opportunities.

Turning Pressure into Improvement

Maintaining renewable energy momentum requires strategic foresight alongside speed. Hai Phong teams analyze demand projections 12-18 months ahead, coordinating preparations for material procurement, equipment capacity, and workforce readiness across multiple departments.

This forward-looking strategy addresses Trang’s identified primary challenge: overcoming machinery limitations. By implementing improvement workshops focused on minimizing downtime, refining maintenance protocols, and resolving process bottlenecks, the team has significantly boosted operational throughput.

Targeted initiatives have also driven progress. In 2025, engineering efforts eliminated 50% of annual crane operations by streamlining workflows and removing non-essential lifting tasks, reducing forklift dependency in the process.

However, technical enhancements alone proved insufficient. The team recognized that lasting success required cultural transformation alongside operational upgrades.

From Capability to Culture

Workforce development remains central to sustaining improvements. As demand projections rise, the plant evaluates staff competencies for advanced production requirements. Recruitment strategies and cross-training programs adapt accordingly, enabling flexible workforce deployment across production lines.

Trang stresses continuous skill development: “This isn’t about single-session training—it’s ongoing knowledge sharing, open communication, and learning from errors without assigning blame.” The focus cultivates organizational awareness around safety, quality standards, and improvement methodologies, embedding progress into daily routines.

Collaborative culture further strengthens operations. Employees actively identify inefficiencies and propose solutions based on frontline experience. Production teams and engineers collaborate through structured project groups, regularly presenting progress updates to leadership.

Performance Starts with Empowered People

As a critical node in global renewable energy infrastructure, Hai Phong demonstrates how human expertise complements technological advancement. While sophisticated tools enable growth, the workforce’s dedication transforms challenges into quantifiable outcomes, ensuring sustainable, efficient fulfillment of global wind power demands.

Sustaining Improvement for the Future

Trang advocates for embedding continuous improvement into operational DNA: “Lean transformation isn’t a final destination—it’s an ongoing journey. With escalating demands, stagnation means regression.”

In an industry defined by booming wind energy demand and global talent competition, Hai Phong’s model demonstrates how rigorous operational discipline combined with inclusive leadership can accelerate large-scale energy transition goals.

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• 17 GE Vernova 6.1 MW turbines to deliver one of Italy’s largest wind projects awarded in the December 2025 GSE auction
• Project builds on the Monfalcone development, strengthening GE Vernova’s long‑term relationship with IVPC Group
• Two‑piece blade technology and flexible O&M model enable deployment in complex Italian sites

RIMINI, Italy (March 4, 2026) – GE Vernova Inc. (NYSE: GEV) announced today that it has been selected by IVPC Group, a major Italian renewable energy operator, to supply 17 of its 6.1 MW-158m* onshore wind turbines for a new wind farm in Fortore, Benevento, Italy. The over 100 megawatt (MW) project represents one of the largest wind farms secured during the December 2025 auction conducted by Italy’s energy agency Gestore dei Servizi Energetici (GSE).

Under the agreement—finalized in Q4 2025—GE Vernova will deliver a tailored Operations and Maintenance (O&M) framework, enabling IVPC and GE Vernova to jointly manage routine maintenance tasks. Turbine deliveries are set to commence in Q2 2027.

The Fortore installation will leverage GE Vernova’s 6 MW onshore platform, which incorporates segmented blade technology. This design enhances transportation logistics and facilitates access to geographically challenging locations while optimizing energy output.

This project follows a pivotal achievement in the GE Vernova-IVPC partnership: the deployment of Italy’s first Cypress 6.1 MW turbine at IVPC’s Montefalcone site. The Montefalcone initiative involves upgrading up to five turbines to boost capacity and extend operational lifespan. Combined with the Fortore development, these projects highlight GE Vernova’s strategic role in advancing Italy’s renewable energy and infrastructure modernization goals.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, stated: “We are honored to extend our collaboration with IVPC Group on the Fortore wind farm. The project strengthens our presence in the country and our commitment to the European energy transition, while highlighting how our 6.1 MW–158m technology gives operators a competitive edge in auctions through large-scale, sustainable energy delivery. We look forward to continuing our strong collaboration with IVPC as we support Italy’s energy transition goals.”

Oreste Vigorito, Owner and President of the IVPC Group remarked: “Building on the success of the Monfalcone project, we continue to choose GE Vernova for the flexibility of its service model—allowing us to lead transactional maintenance—and for its advanced split‑blade technology, which enables deployment in locations with logistical constraints.”

GE Vernova’s Onshore Wind division maintains approximately 59,000 turbines globally, representing nearly 120 GW of installed capacity. With over two decades of customer support, its portfolio delivers next-generation high-capacity turbines that advance decarbonization through cost-effective, sustainable energy solutions.

Currently, GE Vernova is implementing roughly 135 MW of wind capacity in Italy. Its Wind Service Team operates from a Center of Excellence in Troia (Foggia) and other regional hubs, minimizing downtime and ensuring peak performance. The company’s robust local infrastructure and execution expertise support wind farm development and repowering through strategic logistics and installation partnerships.

As a key contributor to Italy’s energy transition, GE Vernova has enabled power generation in the country for over a century. Today, approximately one-quarter of Italy’s power capacity relies on GE Vernova technology.

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• Long-established engineering site in Sesto San Giovanni expands to support the fast-growing Electrification segment
• Increased production of bushings, key components for transmission and distribution systems
• Around 50 new manufacturing jobs to be created in the Lombardy region

SESTO SAN GIOVANNI, Italy (March 3, 2026) – GE Vernova Inc. (NYSE: GEV) announced an investment of approximately $30 million to expand its electrification manufacturing facility in Sesto San Giovanni, Italy, addressing rising global demand for power infrastructure.

The project focuses on increasing output of bushings — critical components used in power and generator transformers that ensure safe and efficient transmission and distribution of electricity. The expansion is expected to generate about 50 new jobs in Lombardy, primarily within manufacturing roles.

“With this investment, we are reinforcing a key capability within our rapidly growing Electrification business,” said Philippe Piron, CEO of GE Vernova’s Electrification segment. “Sesto San Giovanni is a vital part of our global bushing production network. Expanding operations here improves supply reliability for our customers and strengthens our ability to support large-scale transmission and generation projects worldwide.”

As utilities and energy providers continue upgrading grids and modernizing networks to meet increasing electricity demand, the need for transformers and substations is rising. This, in turn, drives higher demand for bushings, which are essential for the safe and reliable operation of high-voltage equipment. The expansion will introduce additional production lines for advanced dry-type bushings, including Resin Impregnated Paper (RIP) and Resin Impregnated Synthetic (RIS) technologies, supporting voltage levels up to 245 kV.

The investment is part of GE Vernova’s broader plan to allocate $11 billion to capital expenditures and R&D between 2025 and 2028. It follows the company’s $5.3 billion acquisition of Prolec GE to expand transformer production in North America, more than $100 million invested in U.S. grid facilities, and the expansion of its Stafford, UK site to strengthen High-Voltage Direct Current (HVDC) and grid manufacturing capabilities in Europe.

A century of Italian engineering excellence

For over 100 years, the Sesto San Giovanni facility has been recognized for its engineering expertise and manufacturing quality in high-voltage bushings. The site serves as GE Vernova’s Bushing Center of Excellence, where products are designed, produced, and serviced for major power infrastructure projects worldwide, including some of the highest voltage applications in the industry.

GE Vernova also plays an important role in Italy’s energy sector, having supported power generation in the country for more than a century. Today, approximately 25% of Italy’s electricity capacity relies on GE Vernova technologies.

Forward-Looking Statements

This document contains forward-looking statements, meaning statements related to future events that involve varying levels of uncertainty. These statements relate to GE Vernova’s expected business and financial performance, product capabilities, and the potential impact of its services. They often include terms such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “estimate,” “forecast,” or similar expressions. Such statements are subject to risks and uncertainties, including those related to planned investments, market conditions, and global economic factors that may influence actual results.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by accelerator businesses. With over 130 years of experience, the company is well positioned to play a leading role in the energy transition by advancing electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across around 100 countries. Guided by its mission, The Energy to Change the World, the company develops technologies that contribute to a more reliable, sustainable, and cost-effective energy future.

GE Vernova’s Grid Solutions business delivers advanced technologies for power transmission and distribution, supporting grid modernization and enabling a secure, decarbonized energy system.

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WASHINGTON, D.C. (February 24, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) and Orlen Synthos Green Energy (OSGE) have signed an agreement to move forward with the development of a generic design for the BWRX-300 small modular reactor (SMR) in Poland. The Poland Generic Design Agreement (PGDA) was formalized during a ceremony in Washington, D.C., attended by James Danly, Miłosz Motyka, and Wojciech Wrochna, along with representatives from GVH, OSGE, and Synthos Green Energy.

Following the agreement, OSGE will fund the development of a detailed BWRX-300 design that will serve as a standardized reference for future SMR deployments across Poland.

“This agreement highlights the continued commitment of the United States to strengthening Poland’s energy security,” Danly stated. “Our intergovernmental cooperation framework provides a strong foundation for expanding civil nuclear collaboration and supporting new public-private initiatives.”

“Poland has the potential to emerge as a leader in small modular reactor technology in Europe,” said Motyka. “This agreement marks another significant step in that direction. To ensure a stable, zero-emission power system and predictable market conditions, we are developing both large-scale nuclear projects and SMRs in parallel. SMRs will provide reliable baseload power for energy-intensive industries, help stabilize electricity prices, and support the growth of the domestic nuclear supply chain. Given rising electricity demand, both technologies are essential.”

Wrochna emphasized the strategic importance of the initiative: “The development of a generic design is a cornerstone for creating a standardized fleet of reactors based on a repeatable deployment model. Standardization reduces capital costs and improves competitiveness while enabling stronger participation from Polish industry in advanced nuclear projects.”

“This investment represents a major milestone for nuclear energy development in Poland,” said Jason Cooper, CEO of GVH. “Advancing the BWRX-300 design to accelerate deployment demonstrates what can be achieved through shared vision and coordinated investment.”

Rafał Kasprów, CEO of OSGE, added: “The agreement covers the design of nuclear power plants in compliance with Polish regulations and will support the rollout of multiple BWRX-300 units across various locations. This standardized approach is central to our strategy, enabling cost reductions and the development of a strong supply chain, ultimately lowering electricity costs for consumers.”

Global interest in the BWRX-300 continues to grow. The first unit is currently under construction at Ontario Power Generation’s Darlington site in Canada, with completion expected before the end of the decade, making it the first SMR in the Western world. Key components, including the reactor pressure vessel, are already in production, and construction is progressing as planned. In the United States, the U.S. Nuclear Regulatory Commission is reviewing an application from the Tennessee Valley Authority to build a BWRX-300 reactor at the Clinch River site in Oak Ridge, Tennessee. These developments reinforce GVH’s position as a leader in scaling and commercializing SMR technology globally.

About GE Vernova Hitachi Nuclear Energy

GE Vernova Hitachi Nuclear Energy is a global leader in nuclear fuel, services, and advanced reactor technologies through the partnership between GE Vernova and Hitachi. Its portfolio includes boiling water reactors and small modular reactors such as the BWRX-300, known for its simplicity and innovative design. Its fuel division, Global Nuclear Fuel (GNF), supplies fuel and engineering services for boiling water reactors, operating primarily in the United States and Japan.

About Orlen Synthos Green Energy

Orlen Synthos Green Energy (OSGE) was established by ORLEN S.A. and Synthos Green Energy to lead the deployment of modular nuclear reactors in Poland. The company aims to support decarbonization across power generation, heating, and industrial sectors by building a fleet of BWRX-300 reactors. These units are expected to become a key component of Poland’s energy mix, delivering stable, zero-carbon electricity to both households and industry. OSGE’s activities are part of a broader European SMR rollout led by Synthos Green Energy.

About SGE

Synthos Green Energy (SGE) is a European platform for SMR development, founded in 2018 and headquartered in Warsaw, Poland. The company is a co-investor in the standard design of the BWRX-300, one of the most commercially advanced SMR technologies globally. By combining proven technology with an innovative business model, SGE has become a leading developer of SMR projects in Europe. It is currently advancing partnerships and initiatives across multiple European countries, with its flagship program in Poland involving development at three sites and a target to commission the first unit by 2032.

Forward-Looking Statements

This document contains forward-looking statements relating to future events and expectations, which involve varying levels of uncertainty. These statements typically address anticipated business performance, financial conditions, product capabilities, and expected outcomes of services, often using terms such as “expect,” “plan,” “anticipate,” “estimate,” or similar expressions. Such statements may also involve assumptions regarding future investments, projects, and market conditions, as well as the potential impact of economic trends, supply chain dynamics, and global market volatility on operations and financial results.

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WILMINGTON, North Carolina (February 19, 2026) – Global Nuclear Fuel (GNF), a GE Vernova-led partnership with Hitachi, Ltd. and an affiliate of GE Vernova Hitachi Nuclear Energy (GVH), together with ENUSA, announced that a new contract has been awarded to supply nuclear fuel reloads for Vattenfall’s Forsmark Nuclear Power Plant in Sweden.

The agreement has been awarded to GENUSA, a joint venture between GNF and ENUSA, and will commence in 2028. It includes multiple reloads of the GNF2 fuel design — a high-performance assembly developed to increase power output while reducing operating costs.

“With decades of experience supporting nuclear operations across the Nordic region, ENUSA has produced more than 3,500 GNF-designed fuel assemblies for Forsmark since 1993,” said Craig Ranson, Installed Base CEO of GE Vernova Hitachi Nuclear Energy and CEO of GNF. “We are pleased to continue supporting Vattenfall with reliable and efficient fuel solutions.”

Fuel for the Forsmark facility will be manufactured in Spain at ENUSA’s nuclear fuel plant in Juzbado, using key components supplied by GNF.

“We are honored that Vattenfall has chosen to extend a collaboration that spans more than 30 years,” said Mariano Moreno, President and CEO of ENUSA. “Our Juzbado facility has already delivered over 12,600 boiling water reactor fuel assemblies across Europe, and this agreement reflects continued confidence in GENUSA’s products and engineering expertise.”

The supplied fuel assemblies, designed by GNF, incorporate advanced Defender™ PLUS debris filter technology, which is engineered to significantly reduce the risk of feedwater debris reaching and damaging fuel components.

About Global Nuclear Fuel

Global Nuclear Fuel (GNF) is a leading global supplier of boiling water reactor fuel and associated engineering services. The company operates as a GE Vernova-led alliance with Hitachi, Ltd., with primary operations in the United States and Japan. Its affiliate, GE Vernova Hitachi Nuclear Energy, is a major provider of nuclear reactor services and advanced reactor technologies.

About GENUSA

GENUSA (GNF ENUSA Nuclear Fuel S.A.) is a Madrid-based company jointly owned by GNF and ENUSA. It focuses on supplying nuclear fuel and related engineering services to boiling water reactor operators across Europe.

About ENUSA

ENUSA (ENUSA Industrias Avanzadas S.A.) provides advanced solutions across the nuclear fuel cycle, including enriched uranium supply, fuel fabrication, engineering services, and spent fuel management.

Forward-Looking Statements

This document contains forward-looking statements that relate to future events and involve varying degrees of uncertainty. These statements typically address expected business performance, financial condition, product capabilities, and the anticipated impact of services, often using terms such as “expect,” “anticipate,” “plan,” “estimate,” or similar expressions. Such statements may also include assumptions regarding future investments, projects, and market conditions, as well as the potential effects of economic trends, supply chain dynamics, and global market volatility on business operations and financial results.

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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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• Multi-year investment highlights commitment to workforce development and the energy transition
• Upgraded Houston Learning Center boosts global training capacity and efficiency
• Partnerships with local schools create practical career pathways for students

HOUSTON (February 12, 2026) – GE Vernova (NYSE: GEV) announced the launch of new education partnerships with three Houston-area school districts, alongside the completion of a significant modernization of its Houston Learning Center (HLC), the company’s primary global training hub for power generation and service professionals.

The announcement coincided with the “Powering Progress: Honoring our legacy, building our future” event held at the facility and forms part of GE Vernova’s broader multi-year investment strategy across manufacturing, services, and innovation.

“GE Vernova remains focused on developing the workforce of the future, based on our belief that advanced technologies require highly skilled professionals,” said Steve Kessinger, Vice President of Global Services for GE Vernova’s Gas Power division. “Investments in facilities like the Houston Learning Center and expanded training capabilities ensure our teams, customers, and partners are prepared to meet the rising global demand for energy expertise.”

The HLC also plays a central role in GE Vernova’s Career and Technical Education (CTE) initiatives, introducing students and early-career professionals to hands-on technical roles in the energy sector. Each year, the center trains thousands of participants through immersive programs covering gas turbines, steam turbines, generators, and control systems.

The recent upgrades significantly enhance the company’s ability to scale workforce training in line with its growing global services footprint. By expanding capacity and integrating advanced simulation tools alongside practical training environments, the center helps accelerate technician readiness, shorten time to productivity, and support long-term service agreements. This scalable approach is designed to meet increasing customer demand and strengthen GE Vernova’s ability to deliver consistent, high-quality services across its global installed base.

The modernization of the HLC includes:

• Expansion of the facility, enabling training for thousands of technicians, engineers, and customers each year
• Upgraded classrooms, new simulation systems, and enhanced hands-on training areas centered around the company’s flagship 7HA.03 gas turbine — one of the most advanced power generation technologies currently in operation

“We are proud to continue investing in advanced training infrastructure and strengthening collaborations with local school districts such as Deer Park, Channelview, and Alief,” said Jim Vono, One Field Services Leader at GE Vernova’s Gas Power business. “These partnerships provide students with exposure to real industrial environments, modern energy technologies, and career opportunities in high-demand technical fields.”

Tiffany Regan, Superintendent of Deer Park, added: “This collaboration represents the future of career and technical education. By working with GE Vernova, we are creating clear and relevant pathways from the classroom to the workforce, leading to meaningful employment opportunities for students.”

These workforce development efforts align with GE Vernova’s broader capital investment strategy, which includes nearly $600 million allocated to U.S. manufacturing facilities, as well as additional funding for advanced repair capabilities and new technologies.

About GE Vernova

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

GE Vernova’s Gas Power division develops advanced natural gas technologies and services, along with decarbonization solutions designed to support a lower-carbon energy future. The business is a global leader in gas turbine and power plant technologies, with the largest installed base in the industry.

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LONDON, United Kingdom (February 9, 2026) – GE Vernova Inc. (NYSE: GEV) has successfully completed a major modernization and outage project at InterGen’s 800-megawatt Coryton combined cycle power station, located on the River Thames east of London. The project included the installation of two High Efficiency (HE) upgrades on GT26 gas turbines, delivering results that exceeded initial performance expectations.

According to InterGen, the upgraded units achieved stronger-than-anticipated improvements in both efficiency and power generation. Daniel Fosberg, Managing Director at InterGen, praised GE Vernova’s service teams for their execution and highlighted the company’s broader strategy of investing in flexible generation assets to support grid stability as renewable energy capacity continues to expand across the UK.

GE Vernova’s HE upgrade integrates advancements in turbine, compressor, and combustor technologies. At Coryton, the modernization increased plant output by up to 85 MW—well above the projected 77 MW gain—while also improving efficiency by 2.46%. The enhanced performance is expected to deliver substantial fuel savings and reduce annual carbon emissions by approximately 67,500 tonnes, supporting the UK’s efforts to lower the carbon intensity of electricity generation.

The outage scope covered a wide range of maintenance and inspection activities, including borescope inspections on generators and steam turbines, electrical testing, and valve inspections. More than 300 GE Vernova specialists from engineering, manufacturing, logistics, field services, sourcing, and project management collaborated with InterGen throughout the process. Together, the teams completed over 122,000 working hours without a single recordable environmental, health, or safety incident.

Joseph Anis, President and CEO of GE Vernova’s Gas Power business for Europe, the Middle East, and Africa, stated that the project demonstrates the company’s ability to deliver complex modernization programs that improve both operational performance and long-term competitiveness. He also noted that GT26 turbines are capable of operating with hydrogen-natural gas blends, offering future opportunities for further emissions reductions.

The Coryton project marks another milestone for the GT26 HE platform. By 2025, eleven GT26 units equipped with HE upgrades had already entered operation globally. Introduced in 2019, the HE upgrade combines technologies from GE Vernova’s F-Class and H-Class turbine fleets, including additive manufacturing innovations and advances in aerodynamics, combustion, and materials engineering. The result is a substantial improvement in efficiency, output capability, and maintenance intervals.

About GE Vernova

GE Vernova is a global energy company focused on power generation, electrification, and wind energy solutions. Headquartered in Cambridge, Massachusetts, the company operates in approximately 100 countries and employs around 85,000 people worldwide. Through its technologies and services, GE Vernova supports the transition toward a more reliable, efficient, and lower-carbon energy future.

GE Vernova’s Gas Power division develops advanced gas turbine technologies and decarbonization solutions aimed at supporting reliable electricity generation while reducing emissions. The business maintains one of the world’s largest installed gas turbine fleets.

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• Initiatives directly benefit domestic manufacturing employment at GE Vernova’s Pensacola, Florida plant
• Repowering strategies enable accelerated capacity expansion through existing infrastructure to deliver reliable, cost-effective, and secure energy resources supporting national development objectives

SCHENECTADY, NY (February 5, 2026) – GE Vernova’s Onshore Wind division revealed today that 2025 saw the acquisition of 1.1 gigawatt (GW) repowering contracts for U.S. onshore wind installations. The projects will incorporate nacelles and drive trains produced domestically at GE Vernova’s Pensacola manufacturing center, which employs veterans comprising 20% of its workforce, thereby reinforcing American energy security, affordability, and domestic production capabilities.

Uzair Memon, Chief Commercial Officer for GE Vernova’s Onshore Wind Services division, stated, “These substantial repower contracts demonstrate the pivotal function our cutting-edge technology serves in optimizing current wind energy assets. Through implementation of our advanced repower solutions, clients achieve enhanced energy output, improved asset reliability, reduced operational expenditures, and extended wind farm longevity. This achievement reflects our dedication to enhancing the productivity and sustainability of existing renewable infrastructure while simultaneously strengthening U.S. manufacturing sectors and employment opportunities.”

David Hardy, GE Vernova’s Chief Commercial Officer for Wind, emphasized, “Repowering initiatives allow us to modernize wind farms, boosting annual energy generation, operational lifespan, and project efficiency. These endeavors stem from enduring customer collaborations where we deliver tailored solutions maximizing performance and long-term asset value.”

All contracts were finalized during 2025. The repowering initiatives are projected to achieve commercial operation between 2026 and 2027. Technical advantages of turbine repowering include enhanced component size, increased energy output, and prolonged operational longevity for optimized renewable energy capture.

GE Vernova’s Onshore Wind division maintains a global footprint of approximately 59,000 turbines and 120 GW of installed capacity. With over two decades of customer commitment, the business provides next-generation high-capacity turbines at scale, advancing decarbonization through premium, cost-effective, and sustainable renewable energy solutions.

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• Launch of GridBeats™ APS (Automation and Protection System) to help utilities upgrade protection and operations without service disruption
• Reduces substation hardware footprint by running multiple functions on a shared platform
• Supports grid reliability as networks grow and operational demands increase

San Diego, California (February 3, 2026) – GE Vernova Inc. (NYSE: GEV) has introduced a new solution aimed at simplifying grid operations and protection as electricity systems worldwide expand and become more complex.

GridBeats™ APS (Automation and Protection System) is the latest addition to GE Vernova’s GridBeats™ portfolio of software-defined automation solutions. It is designed to help utilities modernize substations, minimize equipment requirements, and maintain reliable power delivery as grid needs evolve.

Modernizing substation design and operations

Developed to address challenges such as aging infrastructure, capacity growth, operational complexity, and cybersecurity risks, GridBeats™ APS reimagines traditional substation architecture. The system operates as a unified platform that supports all protection and control applications within a substation. By leveraging GE Vernova’s proprietary hardware abstraction technology, it significantly reduces the amount of physical equipment required, as well as the number of spare units operators need to maintain.

With this approach, utilities can replace what previously required hundreds of communication and cybersecurity components with as few as ten, without compromising performance or protection levels.

Key capabilities of GridBeats™ APS

GridBeats™ APS enables operators to:

• Optimize operations: Update cybersecurity and communication software without revalidating protection and control functions
• Adapt to evolving needs: Run multiple applications on a single device, extending equipment lifecycle and improving flexibility
• Simplify management: Standardize systems, reduce training requirements, and streamline configuration processes
• Ensure continuous operation: Perform remote updates without shutting down devices, enhancing system reliability and resilience

“Electricity is becoming the backbone of modern economies, with demand increasing across industries, transport, buildings, and data infrastructure,” said Del Misenheimer, VP & CEO of Grid Automation & Software within GE Vernova’s Electrification segment. “As grids expand, automation becomes essential to manage complexity and maintain reliability at scale. Our approach combines hardware, software, and services to support grid modernization, and GridBeats™ APS reflects that by simplifying operations while keeping systems secure and power continuously available.”

The role of protection and control in modern grids

Protection and control systems are fundamental to ensuring safe and stable grid operation. Protection mechanisms detect faults and isolate affected areas quickly to prevent widespread outages, while control systems manage real-time grid performance to deliver electricity where it is needed. As networks grow, integrate renewable sources, and serve more users, these systems become increasingly critical for maintaining stability, reliability, and security.

GE Vernova is presenting GridBeats™ APS at DTECH 2026, held from February 3–5 in San Diego, California, where visitors can explore how the solution supports modern grid protection and operations. The company is exhibiting at booth #3112, and the product is also being introduced through a LinkedIn Live event.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by its accelerator businesses. With more than 130 years of experience, the company is positioned to play a leading role in the energy transition by advancing electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across about 100 countries. Guided by its mission, The Energy to Change the World, the company develops technologies that support a more reliable, sustainable, and affordable energy future.

GE Vernova’s Grid Solutions business delivers advanced technologies for power transmission and distribution, enabling modern grid infrastructure and supporting a secure, decarbonized energy transition.

The Electrification segment includes Grid Solutions, Power Conversion & Storage (together forming Electrification Systems), and digital technologies known as Electrification Software. These solutions are essential for transmitting, distributing, converting, storing, and managing electricity from generation to end use.

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• Reservation agreement signed for five GE Vernova F-class gas turbines
• Capacity reservation secured for several gigawatts of GE Vernova wind turbines for future projects
• Ongoing collaboration on grid equipment, building on a key 2025 order including synchronous condenser systems

MINNEAPOLIS (Feb. 3, 2026) — Xcel Energy (NASDAQ: XEL) and GE Vernova (NYSE: GEV) have announced a new Strategic Alliance Agreement (SAA) aimed at strengthening their long-term partnership and advancing a shared goal of delivering reliable, affordable, and sustainable energy.

The agreement is structured to support Xcel Energy’s generation and grid development plans through the 2030s, utilizing GE Vernova’s broad portfolio of technologies and services. The collaboration is expected to deliver benefits such as improved supply certainty, greater operational flexibility, and more predictable costs for customers and stakeholders.

As an initial step, Xcel Energy has entered into a Reservation Agreement for five F-class gas turbines. The company is also expanding its renewable portfolio through a Capacity Reservation Agreement covering multiple gigawatts of wind projects using GE Vernova’s proven turbine technology. Both gas and wind turbines will be produced at GE Vernova manufacturing facilities in the United States.

The partnership takes a comprehensive approach to energy infrastructure, combining the deployment of new generation assets with upgrades to existing systems.

A key aspect of the alliance is a shared focus on innovation and long-term collaboration. Both companies plan to explore advancements in artificial intelligence, grid modernization, and joint research and development initiatives. This approach is intended to help them respond effectively to the evolving demands of the energy sector and accelerate the adoption of next-generation technologies.

“As we pursue our sustainability and grid modernization objectives and respond to growing energy demand, we are committed to working with partners that bring strong expertise and innovation,” said Bob Frenzel, chairman, president, and CEO of Xcel Energy. “Our strategic alliance with GE Vernova enables us to operate at the scale and speed required to deliver safe, reliable, and affordable energy for our customers into the future.”

Scott Strazik, CEO of GE Vernova, added: “We are pleased to deepen our partnership with Xcel Energy, a recognized leader in the energy sector. This agreement allows us to align our technology roadmap and service capabilities with Xcel Energy’s long-term vision. Together, we are well positioned to develop and deliver solutions that ensure reliable power for years to come.”

In addition, the companies are working together on several grid equipment opportunities, building on a major 2025 order that includes synchronous condenser technology.

The five F-class gas turbines included in this agreement are not part of the 83 GW of contracted gas turbines GE Vernova reported in its January 28, 2026 earnings release.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) is a major energy provider serving millions of customers. The company focuses on delivering reliable, resilient, and sustainable energy while continuously improving service quality.

Committed to leading the clean energy transition, Xcel Energy works to meet growing demand for cleaner power while maintaining affordability. Headquartered in Minneapolis, the company provides electricity and natural gas across eight U.S. states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico, and Texas.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by accelerator businesses. With more than 130 years of experience, the company plays a key role in advancing the energy transition by expanding electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 75,000 people across about 100 countries. Through its mission, The Energy to Change the World, the company develops technologies that support a more reliable, sustainable, and cost-effective energy future.

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Integrated software platform enables utilities to manage distribution networks as a single intelligent system
Supports the transition to more resilient and adaptive power grids
Alabama Power among early adopters, leveraging the GridOS portfolio to improve reliability amid rising complexity

CAMBRIDGE, Mass. (February 3, 2026) – GE Vernova (NYSE: GEV) announced the launch of GridOS® for Distribution, a unified software platform designed to help utilities operate their distribution networks as a coordinated, intelligent system. The solution represents a major step forward in grid software, helping utilities address increasing energy demand, system disruptions, and the rapid growth of distributed energy resources (DERs).

Utilities today face growing challenges driven by fragmented systems, isolated data, and manual processes that are not suited to modern grid requirements. GridOS for Distribution addresses these issues by integrating real-time operations, DER management, network modeling, field execution, and visual analytics into a secure, interoperable, and AI-ready platform. This unified approach enables utilities to monitor, control, and optimize the grid as a single system.

Mahesh Sudhakaran, General Manager of GE Vernova’s Grid Software business, commented: “GridOS for Distribution builds on more than 40 years of collaboration with leading utilities worldwide. This is not just a software launch — it establishes a new benchmark for grid orchestration, enabling utilities to move from managing complexity to orchestrating intelligence across their networks. Whether utilities are at an early stage or already advanced, GridOS offers a scalable path toward an intelligent grid.”

Setting a new standard for grid orchestration

Built on a federated grid data fabric and powered by advanced systems such as ADMS, DERMS, and grid planning analytics, GridOS for Distribution transforms how utilities plan, operate, and respond to both routine conditions and extreme events.

The platform is designed to deliver six key outcomes:

Enhanced situational awareness

Real-time operational control

Improved disruption management

Optimized distribution performance

Coordinated DER integration

Advanced intelligent grid capabilities

Proven performance in real-world environments

Alabama Power, serving approximately 1.5 million customers, is among the early adopters using GridOS for Distribution to improve grid orchestration and reliability.

“The energy sector is evolving rapidly, and customers expect uninterrupted service regardless of external challenges,” said Melanie Miller, General Manager of Data and Technology at Alabama Power. “GridOS for Distribution allows us to operate the grid as one unified system instead of disconnected tools. It creates a clear development path toward a self-healing, intelligent grid that restores power faster and anticipates issues before they occur.”

In 2025 alone, the platform helped prevent more than 112 million customer minutes of interruption (CMI) for Alabama Power customers.

Designed with real-world outage scenarios in mind, GridOS for Distribution is already deployed in live grid environments globally. It supports faster response times, better coordination, and quicker recovery from extreme events, improving key reliability indicators such as SAIDI, SAIFI, CAIDI, and CMI.

A scalable, future-ready platform

GridOS for Distribution is built on a modern, interoperable architecture that evolves alongside utility needs. It supports phased implementation based on maturity levels — from foundational capabilities under Distribution Essentials to advanced functions such as Disruption Management, Distribution Optimization, and DER Orchestration. These capabilities ultimately lead to Distribution Intelligence, embedding AI-driven insights and predictive analytics directly into operations.

The platform incorporates zero-trust cybersecurity by design, ensures compatibility with both internal and third-party systems, and offers a unified user interface optimized for both everyday operations and emergency situations. This reduces modernization risks while enabling long-term innovation.

GridOS for Distribution is also part of a broader ecosystem strategy, with GridOS for Transmission expected to launch later in the year. This solution will integrate real-time operations, planning tools, and analytics into a single platform for transmission utilities, helping them manage increasing complexity with greater confidence.

GE Vernova is presenting GridOS for Distribution at DTECH 2026, held February 3–5 in San Diego, California, where attendees can explore how the solution enables utilities to operate distribution networks as unified intelligent systems. The company is exhibiting at booth #3112.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by accelerator businesses. With more than 130 years of experience, the company plays a key role in advancing the energy transition by expanding electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across around 100 countries. Guided by its mission, The Energy to Change the World, the company develops technologies that support a more reliable, sustainable, and affordable energy future.

GE Vernova’s Grid Solutions business provides advanced technologies for power transmission and distribution, enabling modern grid infrastructure and supporting a secure, decarbonized energy transition.

The Electrification segment includes Grid Solutions, Power Conversion & Storage (together forming Electrification Systems), and digital technologies known as Electrification Software. These solutions are essential for transmitting, distributing, converting, storing, and orchestrating electricity from generation to end use.

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• Milestone reinforces GE Vernova’s position as a global leader in grid markets, expanding its footprint in North America
• Prolec GE and its affiliates will operate under GE Vernova within the Electrification segment
• Transaction is immediately accretive and reflected in updated 2026 guidance and 2028 outlook

CAMBRIDGE, Mass. (February 2, 2026) – GE Vernova (NYSE: GEV) announced it has finalized the acquisition of the remaining 50% stake in Prolec GE, previously an unconsolidated joint venture with Xignux. The transaction, first announced in October 2025, closed after receiving all required regulatory approvals. The total purchase price was $5.275 billion, funded through a combination of cash and debt as previously outlined.

Prolec GE is a major player in the North American electrical industry, employing around 10,000 people across seven manufacturing facilities in the Americas, including five in the United States. The company produces a wide range of transformers and related components for power generation, transmission, and distribution, supported by a comprehensive service offering. This acquisition fully integrates Prolec GE following three decades of partnership as a joint venture.

“We are pleased to reach this important milestone with our first major acquisition as an independent public company and to officially welcome the Prolec GE team,” said Scott Strazik. “By combining our long-standing partnership and complementary strengths, we can offer customers a broader portfolio and increased capacity, particularly in North America where demand for grid infrastructure is growing. This acquisition is a key step in advancing our mission to electrify and decarbonize, while supporting sustained growth in our Electrification business.”

Following the transaction, Prolec GE will operate under the GE Vernova brand as part of the Electrification segment. The deal is immediately accretive, even before synergies, and is expected to drive additional profitable growth, now reflected in the company’s updated 2026 financial guidance and outlook through 2028.

“Our customers are increasingly demanding greater grid capacity,” said Philippe Piron. “With Prolec GE now fully integrated, we are better positioned to meet that demand and serve our installed base. By leveraging our combined manufacturing footprint and innovation pipeline, we can deliver stronger electrification solutions globally. Our priority is a seamless integration process, ensuring customers continue to receive the same high level of quality and service.”

GE Vernova will retain the existing leadership team, with Ricardo Suarez continuing as CEO of Prolec GE and reporting to Philippe Piron.

“Becoming a fully integrated part of GE Vernova is a natural evolution after many years of collaboration,” said Suarez. “We are proud of our culture and heritage, and as part of GE Vernova, we will embrace its global approach while maintaining the identity that defines us. This step creates new opportunities for our employees and strengthens our ability to serve customers across North America.”

Forward-Looking Statements

This press release includes forward-looking statements, meaning statements related to future events that involve varying degrees of uncertainty. These statements relate to GE Vernova’s expected business performance following the Prolec GE acquisition, the anticipated impact of the transaction, and the timing of related benefits. Such statements often include terms like “expect,” “anticipate,” “intend,” “plan,” “believe,” “will,” or “estimate.” Actual results may differ due to risks and uncertainties, including those outlined in the company’s filings with the SEC. GE Vernova undertakes no obligation to update these statements unless required by law.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by accelerator businesses. With over 130 years of experience, the company plays a central role in advancing the energy transition by expanding electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across around 100 countries. Guided by its mission, The Energy to Change the World, the company develops technologies that support a more reliable, sustainable, and cost-effective energy future.

GE Vernova employs approximately 20,000 people across all 50 U.S. states. In Mexico, where it has operated for more than 129 years, the company employs over 1,700 people across five sites. Its equipment provides around 38 GW of electricity generation capacity in the country — nearly 42% of the total — including advanced technologies such as HA gas turbines, the Laguna Verde nuclear facility, and one of the world’s largest fleets of F-class gas turbines.

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In a rapidly evolving world driven by innovation and transformation, staying competitive requires more than delivering advanced technologies and energy solutions. It also means investing in the people who make those innovations possible.

When employees develop, the organization grows alongside them. That’s why learning and professional development are central to GE Vernova’s strategy. Through its technical academies, the company offers structured learning journeys that combine expert-led sessions, classroom instruction, and practical, hands-on experience.

Philippe Piron, CEO of GE Vernova’s Electrification Systems business, highlights the importance of these programs:
“Technical academies create opportunities for knowledge transfer between experienced professionals and newer team members. As we continue expanding globally, developing our people is essential — not just in terms of workforce size, but also overall performance.”

Real People, Real Progress

Through its academy programs, GE Vernova provides employees at every stage of their careers with opportunities to grow and reach their full potential. This approach not only supports individual career paths but also fosters a broader culture of continuous learning across the organization.

For example, Nikhil Sharma began as a lead systems studies engineer and, through participation in the academies, expanded his technical expertise and advanced into a senior engineering role. Today, he leads a team delivering EMT (electromagnetic transient) and RMS (root mean square) studies for customer projects.

“When I had the opportunity to join, I didn’t hesitate,” Sharma says. “I’ve taken part in two learning journeys at GE Vernova. The mix of theory, site visits, and real-world assignments created a very valuable experience. It pushed me beyond my comfort zone and connected me with colleagues I might not normally work with, which helped me understand the bigger picture.”

Another participant, Preetika Dogra, works as a SAFe (Scaled Agile Framework) coach and recently completed her own academy program.
“The Analytic Engineering Program gave me a strong foundation to grow in an AI-driven environment,” she explains. “The combination of practical exercises and mentorship made the experience both relevant and impactful. These programs not only build technical skills but also reinforce a culture of continuous improvement.”

A further example is Nicolas Manduley, who transitioned from academy participant to trainer.

“After completing the program, I was invited to become a trainer,” Manduley says. “Since I enjoy presenting and public speaking, it was a great opportunity to apply my PhD knowledge and research background to develop high-quality training materials. Helping others grow in a field I’m passionate about is extremely rewarding.”

He adds that the role also supports his own development:
“Being a trainer allows me to keep learning. Through technical discussions with senior engineers, I’ve been able to expand my expertise and take on broader responsibilities. It keeps me engaged and motivated in my role.”

More Than a Career: Building a Culture of Continuous Growth

GE Vernova’s technical academies cover a wide range of disciplines, including electrical engineering, grid integration, digital analytics, cybersecurity, power systems, software development, and sustainability leadership. Employees can choose between self-paced online learning, peer-to-peer sessions (both virtual and in-person), and “train-the-trainer” programs.

Beyond internal development, the company is also investing in future talent through initiatives like Next Engineers, a global program designed for young people aged 13 to 18 who are interested in engineering careers. The initiative provides hands-on exposure to engineering concepts and offers pathways to scholarships, degree programs, or apprenticeships.

Thomas Bennett, who joined GE Vernova as an apprentice, credits the program with shaping his career direction:
“Next Engineers gave me a solid technical foundation and helped me decide on my career path. Joining GE Vernova took that to another level. From the start, I worked on real projects, learned from experienced engineers, and contributed to meaningful solutions. It’s inspiring to be part of a company that is actively driving the energy transition.”

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• Nhon Trach 3&4 becomes the country’s first HA-class and LNG-fueled power plant
• Advanced 9HA.02 technology supports grid stability and renewable energy integration
• Facility delivers 1.6 GW to meet rising demand in southern Vietnam

DONG NAI PROVINCE, Vietnam (January 5, 2026) – GE Vernova (NYSE: GEV) announced the start of commercial operations at PetroVietnam Power Corporation (PV Power)’s Nhon Trach 3&4 power plant, a 1.6-gigawatt combined cycle facility located in Ong Keo Industrial Park in Dai Phuoc commune, approximately 70 kilometers southeast of Ho Chi Minh City.

Constructed by Samsung C&T and Lilama, the Nhon Trach 3&4 facility is the first in Vietnam to utilize HA-class gas turbine technology and the first to operate on liquefied natural gas (LNG).

According to the updated version of Vietnam’s National Power Development Plan VIII, LNG will remain a key component of the country’s future energy mix, with more than 22 GW of capacity expected by 2030, representing approximately 9.5–12.3% of total installed capacity.

The Nhon Trach 3&4 plant is expected to play a vital role in addressing increasing electricity demand in southern Vietnam while contributing to national sustainability targets.

This project supports the expansion of gas-fired generation and accelerates the transition away from coal. GE Vernova’s H-class gas turbine technology, powered by high-efficiency natural gas, can reduce carbon emissions by approximately 60% compared to coal-fired plants of similar capacity. In addition, the plant enhances grid stability, enabling greater integration of renewable energy sources.

“Vietnam’s energy transition requires a balance of capacity, efficiency, and sustainability, which is why we selected GE Vernova’s 9HA.02 turbines for this project,” a PV Power representative said. “This advanced technology enables the plant to achieve more than 63% combined cycle efficiency, placing it among the most efficient facilities globally. It also meets strict emissions standards and offers fuel flexibility — operating on LNG today, supporting up to 50% hydrogen co-firing, and enabling a future transition to 100% hydrogen, in line with Vietnam’s net-zero ambitions.”

For the project, GE Vernova supplied two power blocks of more than 800 MW each. These include a 9HA.02 gas turbine — the company’s most efficient 50 Hz unit — an STF-D650 steam turbine, a W88 generator, and a Once Through Heat Recovery Steam Generator (OT HRSG), which enhances combined cycle performance. Additionally, GE Vernova provided its Mark VIe Distributed Control System (DCS), improving operational visibility, reliability, and efficiency while reducing maintenance costs.

“Renewable energy is expected to grow significantly in Vietnam, and highly efficient gas power will play a crucial role in supporting that growth while ensuring grid reliability,” said Ramesh Singaram, President and CEO of GE Vernova’s Gas Power business in Asia Pacific. “This landmark project will supply electricity to major industrial regions, including Ho Chi Minh City and Dong Nai Province, while marking a new chapter in Vietnam’s energy development. We are proud to deliver the country’s first HA-class project in alignment with its long-term energy strategy.”

GE Vernova’s technologies currently contribute up to 30% of Vietnam’s electricity generation, supported by more than 1,100 employees across 13 locations nationwide. The company’s global service network includes local capabilities such as the Phu My repair facility and the Dung Quat HRSG manufacturing plant, where key components for this project were produced domestically.

About GE Vernova

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

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

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• 42 turbines will power 256 MW Carmody’s Hill Wind Farm in South Australia
• Project to utilize GE Vernova’s 6 MW–158m turbine model
• Agreement covers turbine supply, installation, and five-year maintenance services

Sydney, Australia (December 23, 2025) – GE Vernova Inc. (NYSE: GEV) has finalized a contract with Aula Energy for the deployment of 42 6.1 MW–158m¹ turbines at Australia’s Carmody’s Hill Wind Farm. The agreement encompasses turbine delivery, installation, and a comprehensive five-year service and maintenance plan. This order was recorded in the final quarter of 2025.

Previously, GE Vernova supplied 38 6 MW–164m turbines for Aula Energy’s Boulder Creek Wind Farm in Queensland, a 2024 project. These consecutive collaborations underscore GE Vernova’s sustained ability to deliver solutions for critical Australian clients.

With Carmody’s Hill, GE Vernova maintains its distinction as the sole wind turbine manufacturer to secure Australian wind projects annually from 2017 through 2025.

By leveraging its established 6 MW-class turbine platform in Australia, GE Vernova and Aula Energy have achieved:

The Carmody’s Hill Wind Farm site lies approximately seven kilometers east of Georgetown in South Australia’s Mid-North region, located 180 km north of Adelaide.

Gilan Sabatier, Chief Commercial Officer for GE Vernova’s Onshore Wind business in International Markets, stated, “We are excited to expand our partnership with Aula Energy to advance another premium wind initiative in Australia. Carmody’s Hill exemplifies how our standardized turbine approach—reducing variant complexity at scale—can simplify procurement processes, expedite grid connection approvals, and elevate overall fleet performance. Our diverse technology portfolio positions GE Vernova to enable Australia’s transition toward cost-effective, sustainable energy systems.”

GE Vernova operates approximately 57,000 turbines globally, representing nearly 120 GW of installed capacity. With over two decades of customer commitment, its offerings include advanced high-capacity turbines that drive decarbonization through reliable renewable energy solutions.

Having operated in Australia for over 125 years, GE Vernova now employs around 400 staff and 200 field engineers nationwide. The company supports more than 3 GW of wind generation capacity either operational or under development, 10+ GW of gas-powered generation, grid software managing 80% of the national electricity network, and ~40% of major utility grid infrastructure, advancing Australia’s sustainable energy goals.

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• Contract awarded by POWERGRID for the Chandrapur 2×500 MW back-to-back HVDC system
• Scope includes advanced HVDC control systems and valve technology produced in India
• Marks GE Vernova’s first HVDC refurbishment project in the country

DELHI, INDIA – (December 23, 2025) – GE Vernova (NYSE: GEV) announced that its Electrification Systems division has secured a contract from Power Grid Corporation of India Limited, the country’s national transmission operator, to modernize the Chandrapur back-to-back High Voltage Direct Current (HVDC) link. This 1,000 MW interconnection is a key transmission corridor linking western and southern India. The project represents GE Vernova’s first HVDC refurbishment contract in India.

Upgrading a key link between regional grids

The Chandrapur HVDC system plays a crucial role in managing power flows between India’s western and southern regions. Commissioned in the late 1990s, the 1,000 MW back-to-back link enables two-way electricity transfer between areas rich in fossil generation and regions with strong hydro resources, improving dispatch efficiency and optimizing energy use.

As part of the agreement, GE Vernova will modernize both 500 MW converter stations located at Chandrapur (West) and Ramagundam (South). The work includes upgrading control and protection systems and replacing legacy converter valves with advanced solutions manufactured at the company’s facilities in India.

“This important contract strengthens our long-standing partnership with POWERGRID and underscores our commitment to India’s grid modernization,” said Johan Bindele, leader of GE Vernova’s Grid Systems Integration business. “By upgrading this HVDC link with next-generation controls and digital technologies, we will enhance reliability and support the country’s transition to a more secure and sustainable power system.”

Extending asset life and enhancing grid performance

Refurbishing HVDC infrastructure involves upgrading critical components such as converter valves, automation platforms, and protection systems, while minimizing disruption to ongoing operations. These improvements are expected to extend the operational life of the asset, increase efficiency, and provide greater flexibility to accommodate rising levels of renewable energy.

Such refurbishment projects offer utilities a cost-effective pathway to strengthen grid resilience, maximizing the value of existing infrastructure while aligning with modern energy transition requirements.

Supporting India’s clean energy ambitions

India’s target of reaching 500 GW of non-fossil fuel capacity by 2030 depends on robust and flexible transmission systems. HVDC technology plays a key role in transporting large volumes of renewable electricity over long distances with high efficiency.

Modernizing this strategic interregional connection will help unlock that potential by enabling cleaner energy flows, improving system stability, and contributing to the country’s long-term energy security.

Forward-Looking Statements

This document contains forward-looking statements related to future events and expectations, which inherently involve varying levels of uncertainty. These statements may include projections regarding GE Vernova’s business performance, product capabilities, and the expected outcomes of its projects and services. Terms such as “expect,” “anticipate,” “plan,” “intend,” “will,” or “estimate” typically indicate such statements. Actual results may differ due to market conditions, macroeconomic factors, and other risks affecting operations and the global supply chain.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company focused on Power, Wind, and Electrification, supported by accelerator businesses. With more than 130 years of experience, the company plays a key role in advancing the energy transition by expanding electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 85,000 people across more than 100 countries. Guided by its mission, The Energy to Change the World, the company develops technologies that help deliver a more reliable, sustainable, and secure energy future.

GE Vernova’s Grid Solutions business provides advanced technologies and systems for power transmission and distribution, supporting modern, resilient, and decarbonized energy networks worldwide.

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• Project will enable evacuation of renewable energy from the Khavda renewable zone
• At 2.5 GW, it represents the highest-rated VSC-based HVDC system planned in India
• Reinforces GE Vernova’s role in expanding India’s transmission infrastructure and energy transition

Delhi, India – (December 22, 2025) – GE Vernova (NYSE: GEV) announced that its Electrification Systems business has secured a major contract from Adani Energy Solutions Ltd. to supply high-voltage direct current (HVDC) technology for the Khavda–South Olpad renewable transmission corridor, with a total capacity of 2.5 gigawatts (GW).

Enabling large-scale renewable energy transfer

The Khavda–South Olpad corridor is a key element of India’s renewable energy expansion strategy. Khavda, located in Gujarat’s Kutch region, is being developed as one of the largest renewable energy hubs globally, while South Olpad serves as a major node for integrating power into the national grid. The transmission link will allow large volumes of renewable electricity generated in western India to be efficiently delivered across the country.

GE Vernova’s scope

GE Vernova will provide advanced HVDC technology designed for high-capacity and reliable operation. The project includes a ±500 kV, 2,500 MW (2 × 1,250 MW) voltage sourced converter (VSC)-based bipolar HVDC system connecting the two locations.

HVDC technology enables long-distance electricity transmission with lower losses and improved controllability compared to conventional AC systems, making it particularly suitable for integrating large-scale renewable energy sources.

The contract scope covers full system design, supply of key converter station equipment, and responsibility for erection, testing, and commissioning, excluding civil works. The solution will utilize GE Vernova’s eLumina™ control platform, ensuring stable, secure, and efficient grid operation.

Execution will be largely handled by the company’s teams in India, leveraging local engineering expertise and manufacturing capabilities. The project will be delivered in phases, with completion targeted by 2030.

“India remains one of the most dynamic power markets globally, with rapid demand growth and significant renewable expansion,” said Philippe Piron. “Projects like Khavda–South Olpad highlight the need for high-capacity transmission infrastructure to connect renewable generation with the national grid. This award reflects our experience in delivering complex grid solutions and our continued commitment to India.”

“At Adani Energy Solutions Ltd., we are focused on building robust infrastructure to support India’s green energy transition,” said Kandarp Patel. “Our collaboration with GE Vernova marks a key milestone in enabling large-scale renewable integration. Together, we aim to deliver innovative solutions that will sustainably power millions of homes and support economic growth.”

A milestone in HVDC deployment

With a total capacity of 2,500 MW, this project is the highest-rated VSC-based HVDC system planned in India so far. Projects of this scale demonstrate the increasing importance of advanced HVDC technologies in supporting large-scale renewable integration and strengthening transmission networks in rapidly growing energy markets.

The deployment of such high-capacity systems also reflects the maturity of next-generation HVDC solutions and their ability to meet complex grid requirements both in India and globally.

Enhancing grid stability for renewable integration

VSC-based HVDC systems play a critical role in renewable-heavy grids by providing fast frequency response, improving system stability, and enabling precise control of power flows. These capabilities help manage variability, reduce congestion, and maintain reliable grid performance as renewable penetration increases.

GE Vernova has extensive experience delivering large-scale transmission projects in India, including the Champa–Kurukshetra HVDC link—one of the country’s earliest ultra-high-capacity systems enabling long-distance power transfer. Building on this track record, the company continues to support evolving grid needs with scalable and reliable transmission solutions.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company operating across Power, Wind, and Electrification segments, supported by accelerator businesses. With over 130 years of experience, it plays a key role in advancing the energy transition by expanding electrification while reducing carbon emissions.

Headquartered in Cambridge, Massachusetts, the company employs approximately 75,000 people across more than 100 countries. Guided by its mission, The Energy to Change the World, GE Vernova develops technologies that help deliver a more reliable, sustainable, and secure energy future.

GE Vernova’s Grid Solutions business provides advanced technologies for power transmission and distribution, supporting modern, resilient, and decarbonized energy systems.

Forward-Looking Statements

This document includes forward-looking statements related to future events and expectations, which inherently involve uncertainty. These statements may address GE Vernova’s anticipated business performance, product capabilities, and project outcomes, and often include terms such as “expect,” “anticipate,” “plan,” “intend,” or “estimate.” Actual results may differ due to various risks, including market conditions, macroeconomic factors, and global supply chain dynamics.

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India’s electricity grid faced severe challenges in 2010, with power shortages reaching approximately 13% during peak demand periods. Nearly 25% of the population remained without electricity access. However, the nation has made extraordinary strides in a relatively short timeframe. Currently, 99.6% of its 1.5 billion citizens have electricity, a feat that stands as one of the most remarkable energy transformations in modern history. Yet, this is merely the beginning of India’s clean energy journey.

“Universal power access has been achieved,” states Deepak Maloo, leader of GE Vernova’s Onshore Wind business in India and the Asia Pacific region. “The focus now is delivering uninterrupted electricity.” To meet the demands of its booming economy, India aims to expand total power capacity to nearly 900 gigawatts (GW) by 2030. Central to this plan is a commitment to clean energy, with a target of deploying 500 GW of “non-fossil fuel” capacity—including renewables, large hydro, and nuclear—by the same deadline.

While ambitious, India’s natural advantages provide a strong foundation. Regions like Gujarat’s sun-drenched plains receive over eight hours of daily sunlight. Monsoon winds sweep across the country’s 6,900-mile (11,000-kilometer) coastline, creating a complementary cycle of solar and wind energy. “Sunny days paired with windy nights enable continuous renewable generation,” explains Maloo.

India is determined to drive this transition domestically. Rather than importing complete power infrastructure, the nation is prioritizing local production of wind turbines and solar panels. Since 2014, the government’s “Make in India” initiative has spurred investments in manufacturing to boost economic self-reliance and job creation. “The vision is ‘Atmanirbhar Bharat’—a self-sufficient India,” says Maloo.

The manufacturing team at GE Vernova’s facility in Vadodara, India.

Work in Progress

India has already demonstrated its potential. The nation now operates over 50 GW of wind capacity—exceeding Argentina’s total grid output. A flagship achievement was the development of a GE Vernova onshore turbine tailored for India’s low-wind conditions and expansive landscapes.

The turbine’s 2.7 MW output was entirely engineered and built within India. Bengaluru’s engineering hub conceived the design, while Gujarat and Karnataka factories produced its blades. The nacelle, housing critical components like the gearbox and generator, was assembled in Maharashtra—a testament to nationwide collaboration.

Local expertise fuels this progress. Pune, renowned for its academic institutions, supplies skilled professionals in manufacturing and maintenance. “Our top-tier universities ensure a steady pipeline of talent,” Maloo notes.

The Road to 500 Gigawatts

With wind resources capable of supporting up to 200 GW, India has barely tapped its potential. “Land constraints demand turbines with higher efficiency and capacity factors,” says Maloo. GE Vernova’s next-generation 3.8 MW turbine, already operational in the U.S., is poised to meet this challenge. It can power 30,800 households and reduces the footprint of a 300 MW wind farm by requiring 79 units instead of 112 older models.

India’s regulatory flexibility allows taller towers, enhancing performance. “Greater hub heights optimize energy capture,” Maloo explains. The turbine will be manufactured locally, with tower components sourced from Indian partners. This approach elevates GE Vernova’s local content share to over 70%, reinforcing its commitment to domestic industrial growth.

“In some European countries, a large equipment manufacturer might install 500 megawatts a year,” says Deepak Maloo, regional leader for GE Vernova’s Onshore Wind business in India and Asia Pacific. “In India, we’re talking about 6 gigawatts.”

For manufacturers, India’s “Make in India” policy offers access to a massive market in exchange for local investment. “European firms might install 500 MW annually,” says Maloo. “India’s scale demands 6 GW.” GE Vernova, present in India since 1902, leverages its 11 factories and 10,000 employees to support this growth. With 57,000 turbines installed globally, the company emphasizes its ability to deliver “reliability, quality, and uniformity at scale.”

From its first hydro plant at Shivanasamudra Falls to its current wind leadership, India’s energy narrative continues to evolve. As Maloo concludes, “This isn’t just about turbines—it’s about building a self-reliant, sustainable future.”

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