GE Vernova Inc. (NYSE: GEV) is an energy technology company that provides equipment, software and services for electricity generation, transmission and distribution. Its portfolio is designed to support power systems across a range of energy sources, including natural gas, nuclear, hydroelectric, wind and solar power, as well as battery storage.
The company operates through three primary businesses: Power, Wind and Electrification. Power supplies gas and steam turbines, generators, nuclear power technologies, hydroelectric equipment and related maintenance services. Wind develops and services onshore and offshore wind turbines, while Electrification provides grid technologies, power-conversion systems, controls, solar and storage solutions, and other equipment intended to help utilities and businesses manage electricity networks.
GE Vernova was separated from General Electric in 2024 as part of GE’s broader restructuring into independent companies. The company serves utilities, independent power producers, industrial customers and other energy-sector organizations in markets around the world. Its chief executive officer is Scott Strazik, who has led the business through its transition into an independent publicly traded company.
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