GE Vernova Completes Prolec GE Acquisition, Accelerating Electrification Segment Growth Trajectory
Milestone further positions GE Vernova as a global leader serving growing grid markets by expanding its presence and support in North America.
Prolec GE and its affiliates will go to market as GE Vernova, operating within the Electrification segment
Transaction is immediately accretive and now reflected in GE Vernova's latest 2026 financial guidance and outlook by 2028
GE Vernova Inc. (NYSE:GEV) today announced it has completed the acquisition of the remaining 50% stake of Prolec GE, its former unconsolidated joint venture with Xignux ("Prolec GE"). The transaction, originally announced in October 2025, closed following receipt of all required regulatory approvals, for a purchase
