Innovative partnership provides clear path for Duke Energy to procure up to 11 American-produced GE Vernova natural gas turbinesPartnership ensures Duke Energy will meet its customers' growing and evolving energy needs driven by economic development and AI growthCHARLOTTE, N.C. and CAMBRIDGE, Mass., April 24, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) and GE Vernova (NYSE:GEV) announce a significant partnership for natural gas turbines and other associated equipment to meet the growing needs of advanced manufacturing, data centers and population growth. The arrangement betwe

Brings 25+ Years of Energy Sector Experience, Including in Power Generation Will Lead Development of Country's Largest Natural Gas-Powered Data Center Campus, Poised to Bring Unprecedented Level of Economic Opportunity to Region Homer City Redevelopment LLC ("HCR") today announced it has appointed Corey Hessen as Chief Executive Officer, effective immediately. Hessen replaces William A. Wexler who will transition into the role of Chairman of the Board of HCR's parent company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250421362202/en/Corey Hessen, Chief Executive Officer of Homer City Redevelopment Hessen will be responsibl

WOODLAND PARK, N.J., April 10, 2025 (GLOBE NEWSWIRE) -- Anterix (NASDAQ:ATEX), the leading provider of private wireless broadband spectrum for utilities, announced today that a group of world-class companies driving the nationwide deployment of 900 MHz networks – including Ericsson (NASDAQ:ERIC), GE Vernova (NYSE:GEV), and Nokia (NYSE:NOK) – are expanding their collaboration within the AnterixAccelerator™ initiative. These organizations are collectively offering high-value incentives to utilities in the form of bundled or cost-effective services that take advantage of this time-sensitive opportunity through the AnterixAccelerator program. Launched in March, AnterixAccelerator is designe

GE Vernova (NYSE:GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend. The quarterly dividend will be payable on May 16, 2025, to shareholders of record as of April 18, 2025. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova's earnings, financial condition, cash requirements, prospects, and other factors. Additional Information GE Vernova's website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as infor

Projected Cost of Power Infrastructure and Data Centers Will Represent Largest Capital Investment in the History of Pennsylvania Facility Will Generate Up to 4.5 GW of Energy Production Powered by Seven GE Vernova Turbines; First Turbine Deliveries Expected to Begin in 2026 Will Utilize the Natural Resources and Differentiated Legacy Infrastructure of Pennsylvania to Establish Innovative Data Center Campus and Accelerate the State's Digital Future Renderings of the Homer City Energy Campus Available Here: www.homercityredevelopment.com Today Homer City Redevelopment (HCR) and Kiewit Power Constructors Co. (Kiewit) announced the future of the former Homer City Generating Station. Homer C

MONTREAL, March 11, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. ("PyroGenesis") (http://pyrogenesis.com) (TSX:PYR) (OTCQX:PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announces the signing of a memorandum of understanding ("MOU") with GE Vernova's Power Conversion & Storage business. The MOU, announced in conjunction with GE Vernova as per their news release earlier today, Tuesday March 11, 2025, initiates discussions toward a multi-year strategic collabo

NRG Energy Inc. (NYSE:NRG) today joined GE Vernova, Inc. (NYSE:GEV) and TIC – The Industrial Company (TIC), a subsidiary of Kiewit Corporation (Kiewit) in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for computing power and generative AI (GenAI). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225753165/en/ This best-in-class, U.S.-based venture combines the strengths of a power generation and wholesale company/developer, original equipment manufacturer, and engineering, procurement and construction (EPC) company to deliver quality, certainty and

America's leading energy manufacturer expects to create approximately 1,500 new factory and engineering jobs in the U.S. Expansions at company's U.S. factories and facilities will help meet surging customer demands for electricity equipment at home and abroad Investments focus on gas power, grid, nuclear and onshore wind manufacturing sites Company's world class Advanced Research Center in Niskayuna, NY plans to grow as a leading energy innovation hub while accelerating cutting-edge energy technology development GE Vernova Inc. (NYSE:GEV), America's leading energy manufacturing company, is planning to invest nearly $600 million in its U.S. factories and facilities over the next

New joint development plans to deliver up to four gigawatts (GW) of power by leveraging American energy abundance to drive American AI leadership. Engine No. 1 and Chevron U.S.A. Inc. (NYSE:CVX) announced today the formation of a partnership to build a new company to develop scalable, reliable power solutions for United States (U.S.) based data centers running on U.S. natural gas. Early actions of the Trump Administration are setting the critical foundation to encourage investment leveraging America's energy abundance to enable America's AI leadership. The joint development, in conjunction with GE Vernova (NYSE:GEV), aims to establish the first multi gigawatt-scale co-located power plant

GE Vernova (NYSE:GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend and approved an initial $6 billion share repurchase authorization. The quarterly dividend will be payable on January 28, 2025, to shareholders of record as of December 20, 2024. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova's earnings, financial condition, cash requirements, prospects, and other factors. The share repurchase authorization has no expiration date and may be suspended or discontinued at any time. Additional Information GE Vernova's website at https://www.gevernova.com/investors contains a

GE Vernova (NYSE:GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend. The quarterly dividend will be payable on May 16, 2025, to shareholders of record as of April 18, 2025. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova's earnings, financial condition, cash requirements, prospects, and other factors. Additional Information GE Vernova's website at www.gevernova.com/investors contains a significant amount of information about GE Vernova, including financial and other information for investors. GE Vernova encourages investors to visit this website from time to time, as infor

GE Vernova (NYSE:GEV) today announced that its Board of Directors has declared a $0.25 per share quarterly dividend and approved an initial $6 billion share repurchase authorization. The quarterly dividend will be payable on January 28, 2025, to shareholders of record as of December 20, 2024. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova's earnings, financial condition, cash requirements, prospects, and other factors. The share repurchase authorization has no expiration date and may be suspended or discontinued at any time. Additional Information GE Vernova's website at https://www.gevernova.com/investors contains a

Strong financial trajectory from robust demand and better execution  Now anticipates ~$45B of revenue and 14% adjusted EBITDA margin* by 2028 Plans to invest ~$4B in capex and ~$5B in R&D through 2028 to fuel growth and innovation Expects to generate at least $14B of cumulative free cash flow* from 2025 to 2028 Board of Directors declared a $0.25 per share quarterly dividend, payable in the first quarter of 2025, and approved an initial $6B share repurchase authorization GE Vernova (NYSE:GEV), a unique industry leader enabling customers to accelerate the energy transition, today hosts its 2024 Investor Update event to present its multi-year financial outlook and frame its cap

TD Cowen reiterated coverage of GE Vernova with a rating of Buy and set a new price target of $390.00 from $405.00 previously

Susquehanna initiated coverage of GE Vernova with a rating of Positive and set a new price target of $370.00

Guggenheim upgraded GE Vernova from Neutral to Buy and set a new price target of $380.00

Robert W. Baird initiated coverage of GE Vernova with a rating of Outperform and set a new price target of $448.00

Johnson Rice initiated coverage of GE Vernova with a rating of Buy and set a new price target of $425.00

Guggenheim downgraded GE Vernova from Buy to Neutral and set a new price target of $380.00

Daiwa Securities downgraded GE Vernova from Buy to Outperform and set a new price target of $348.00 from $336.00 previously

TD Cowen initiated coverage of GE Vernova with a rating of Buy and set a new price target of $400.00

Wolfe Research initiated coverage of GE Vernova with a rating of Outperform and set a new price target of $403.00

RBC Capital Mkts reiterated coverage of GE Vernova with a rating of Outperform and set a new price target of $376.00 from $285.00 previously

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4 - GE Vernova Inc. (0001996810) (Issuer)

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4 - GE Vernova Inc. (0001996810) (Issuer)

4 - GE Vernova Inc. (0001996810) (Issuer)

4 - GE Vernova Inc. (0001996810) (Issuer)

Brings 25+ Years of Energy Sector Experience, Including in Power Generation Will Lead Development of Country's Largest Natural Gas-Powered Data Center Campus, Poised to Bring Unprecedented Level of Economic Opportunity to Region Homer City Redevelopment LLC ("HCR") today announced it has appointed Corey Hessen as Chief Executive Officer, effective immediately. Hessen replaces William A. Wexler who will transition into the role of Chairman of the Board of HCR's parent company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250421362202/en/Corey Hessen, Chief Executive Officer of Homer City Redevelopment Hessen will be responsibl