510 EUR
4
0.79%
Last update Nov 28, 6:39 PM CET
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GE Vernova Inc.
510.00
4
0.79%

Overview

Description

GE Vernova Inc. is a leading global energy technology company specializing in the design, manufacture, and servicing of equipment and software for the power generation and electrification sectors. The company was created in 2023 through a spin-off from General Electric’s energy divisions, consolidating expertise from legacy GE businesses in power, renewables, and digital energy systems. Headquartered in Cambridge, Massachusetts, GE Vernova operates across more than 80 countries with approximately 75,000 employees. The business is structured around three primary segments: Power, Wind, and Electrification. The Power segment delivers solutions for gas, nuclear, hydro, and steam energy, while the Wind division covers both onshore and offshore wind technologies, including turbine manufacturing. The Electrification segment offers advanced grid solutions, energy storage, power conversion, and electrification software—facilitating the transition from traditional energy infrastructure to integrated, low-carbon systems. GE Vernova plays a vital role in global energy markets, with its technology underpinning roughly 25% of the world’s electricity generation. The company is a key player in advancing reliable, sustainable, and efficient energy systems, actively supporting the shift toward decarbonized, resilient power networks worldwide.

About

CEO
Mr. Scott L. Strazik
Employees
76800
Address
58 Charles Street
Cambridge, 02141, MA
United States
Phone
617 674 7555
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Germany
MIC code
XSTU
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