GE Vernova

GE Vernova Inc. (NYSE: GEV) is a global energy company that became independent on April 2, 2024, when it spun off from General Electric. On the day of its launch, GE Vernova and GE Aerospace—which also became independent that day—rang the NYSE opening bell together, a first for the exchange. CEO Scott Strazik described the company as "singularly focused on accelerating the energy transition to create a more sustainable future."

The company operates through three segments: Power, Wind, and Electrification, supported by its accelerator businesses. The Power segment designs, manufactures, and services gas, nuclear, hydro, and steam technologies for industrial, government, and other customers. The Wind segment delivers wind products and services through its Offshore Wind, Onshore Wind, and LM Wind Power businesses.

GE Vernova is headquartered at 58 Charles Street in Cambridge, Massachusetts, with approximately 85,000 employees across roughly 100 countries. Building on over 130 years of experience and guided by its purpose, "The Energy to Change the World," the company aims to help lead the energy transition by continuing to electrify the world and deliver electricity vital to health, safety, security, and quality of life.

As a company built around the energy transition and electrification, innovation in power generation, grid technologies, and renewable energy is central to its mission and competitive positioning.