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Description
GE Vernova is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts, created in 2024 as part of General Electric's strategic separation into three independent entities. The company operates through three primary segments: Power, which designs, manufactures, and services gas, nuclear, hydro, and steam technologies; Wind, which provides onshore and offshore wind turbines and blades; and Electrification, which delivers grid solutions, power conversion, solar and storage solutions, and digital technologies for electricity transmission, distribution, and management. GE Vernova serves industrial, government, and utility customers across the United States, Europe, Asia, the Middle East, and Africa. With an installed base of approximately 7,000 gas turbines and 59,000 wind turbines, the company's technology generates roughly 25% of the world's electricity. The organization maintains an Advanced Research Center in New York focused on innovations in carbon capture, alternative fuels, AI and robotics, and advanced grid solutions. GE Vernova combines over 130 years of energy industry experience with a mission centered on accelerating global electrification while decarbonizing power systems to support a sustainable energy future.
About
CEO
Mr. Scott L. Strazik
Employees
76800
Address
58 Charles Street
Cambridge, 02141, MA
United States
Cambridge, 02141, MA
United States
Phone
617 674 7555
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Germany
MIC code
XFRA