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GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life. Learn more about us.
GE Vernova Inc., formerly GE Power and GE Renewable Energy, is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. GE Vernova was formed from the merger and subsequent spin-off of General Electric's energy businesses in 2024: GE Power, GE Renewable Energy, and GE Digital.
With approximate 54,000 wind turbines and 7,000 gas turbines, GE Vernova's technology base helps generate approximately 25% of the world's electricity and has a meaningful role to play in the energy transition.
Apr 2, 2024 · CAMBRIDGE: April 2, 2024 – GE Vernova (NYSE: GEV) announced today that its spin-off from GE (NYSE: GE) is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol “GEV,” effective at the market opening today.
Feb 29, 2024 · Board sets spin-off date for GE Vernova (NYSE: GEV) of April 2, 2024, pre-market; Shareholders of record on March 19, 2024, will receive one share of GE Vernova for every four shares of GE owned; Following the planned spin-off of GE Vernova, GE shareholders will continue to hold their GE shares as GE Aerospace shares
Mar 28, 2024 · On April 2, General Electric GE spun off its clean energy business as GE Vernova. Each GE shareholder is receiving one share of GE Vernova for every four shares they hold of GE.
Feb 15, 2024 · GE Vernova will be organized into three operating segments: Power: includes design, manufacture and servicing of gas, nuclear, hydro, and steam technologies, providing a critical foundation of dispatchable, flexible, stable, and reliable power;
Oct 24, 2023 · BOSTON – October 24, 2023 – GE (NYSE:GE) today announced that it plans to spin off GE Vernova and launch GE Aerospace in the beginning of the second quarter of 2024, subject to final approval from the GE Board of Directors and other customary conditions.
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Jul 18, 2022 · GE Vernova, which officials touted as having an installed base of more than 7,000 gas turbines and 400 GW of renewable energy capacity worldwide, will have a new “evergreen” brand color.
