GE Vernova

GE Vernova is a global energy equipment manufacturing and services company based in Cambridge, Massachusetts. Established in 2024 through the merger of General Electric’s energy businesses, it focuses on technologies that generate, transfer, convert, store, and orchestrate electricity. The company aims to electrify and decarbonize the world, supporting health, safety, and improved quality of life. With approximately 75,000 employees in around 100 countries, GE Vernova generated $34.94 billion in revenue in FY2024. Its technologies contribute to about 25% of the world's electricity generation, positioning the company as a leader in the energy transition. GE Vernova operates through three main segments: Power, Wind, and Electrification, offering a range of products and services, including gas turbines, wind generation technologies, and grid management solutions. The company serves a diverse clientele, including utilities, power developers, governments, and industrial customers across various global regions.