Welcome to our dedicated page for GE VERNOVA news (Ticker: GEV), a resource for investors and traders seeking the latest updates and insights on GE VERNOVA stock.
GE Vernova Inc. reports developments across a global electric power business organized around Power, Wind, and Electrification. Its updates cover gas turbines, nuclear reactor technology, hydroelectric and steam technologies, onshore and offshore wind equipment, grid solutions, power conversion, electrification software, and solar and storage systems used to generate, transmit, convert, and store electricity.
Recurring news includes customer alliances and equipment reservation agreements for gas, wind, and grid projects; dividend declarations and share repurchase authorizations; senior note offerings and other capital-structure actions; and completed portfolio changes such as the consolidation of Prolec GE within the Electrification segment. Prolec GE adds transformers, transformer components, and transformer services for electricity generation, transmission, and distribution markets.
Blue Energy and GE Vernova (NYSE: GEV) announced a 2.5 GW gas-plus-nuclear collaboration to advance a planned Texas project using GVH's BWRX-300 SMR and GE 7HA.02 gas turbines. Key milestones: slot reservation for two 7HA.02 turbines for 2029, FID targeted in 2027, early site works in 2026, ~1 GW gas energization by 2030 and ramp to ~1.5 GW nuclear by 2032. The partners aim to use offsite prefabrication and a gas-to-nuclear bridge enabled by NRC resequencing to shorten deployment to about 48 months to power.
S&P Dow Jones Indices announced index membership changes effective Mar 13 and Mar 23, 2026, moving multiple companies across the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600.
Notable moves: Vertiv (VRT), Lumentum (LITE), Coherent (COHR), EchoStar (SATS) are added to the S&P 500 on Mar 23, while Lamb Weston (LW) is removed from the S&P 500 and moved to the S&P SmallCap 600 on the same date.
GE Vernova (NYSE: GEV) declared a $0.50 per share quarterly dividend. The dividend is payable on April 14, 2026 to shareholders of record as of March 17, 2026. Future dividends will be at the Board's discretion based on earnings, cash needs, and prospects.
Investors can find additional financial and investor materials on GE Vernova’s investor website and social channels.
GE Vernova (NYSE: GEV) closed a registered public offering totaling $2.6 billion of senior notes on February 4, 2026. The offering included three tranches: $600M 4.250% due 2031, $1.0B 4.875% due 2036, and $1.0B 5.500% due 2056. Proceeds will fund general corporate purposes, including financing part of the acquisition of the remaining 50% stake in Prolec GE, which closed February 2, 2026. Joint active bookrunners were Citigroup, J.P. Morgan, and Morgan Stanley. The notes were offered under an effective shelf registration statement filed with the SEC.
Xcel Energy (NASDAQ: XEL) and GE Vernova (NYSE: GEV) signed a Strategic Alliance Agreement to support Xcel’s generation and grid projects into the 2030s. The pact includes a Reservation Agreement for five F-class gas turbines and a Capacity Reservation Agreement for multiple gigawatts of GE Vernova wind turbines.
The companies will collaborate on grid equipment, including synchronous condenser systems tied to a 2025 order, and pursue joint R&D in AI, grid modernization, and other technologies to boost supply certainty, flexibility, and cost predictability.
GE Vernova (NYSE: GEV) completed acquisition of the remaining 50% stake in Prolec GE for $5.275 billion, funded with an equal mix of cash and debt. Prolec GE’s ~10,000 employees across seven Americas manufacturing sites (five in the U.S.) will operate within the Electrification segment as GE Vernova.
The deal consolidates a 30-year joint venture, is described as immediately accretive, and is reflected in GE Vernova’s updated 2026 financial guidance with impacts through 2028.
GE Vernova (NYSE: GEV) launched a registered public offering of senior notes, with net proceeds intended for general corporate purposes, including financing the acquisition of the remaining 50% stake in Prolec GE expected to close on February 2, 2026.
Citigroup, J.P. Morgan and Morgan Stanley are joint book-running managers. The offering is subject to market and other conditions and will be made only by means of a prospectus supplement and accompanying base prospectus available on EDGAR.
GE Vernova (NYSE: GEV) announced a quarterly dividend increase to $0.50 per share from $0.25, payable February 2, 2026, to holders of record as of January 5, 2026.
The Board also raised the share repurchase authorization to $10 billion from $6 billion and has repurchased $3.3 billion of the prior authorization as of December 3, 2025. The repurchase authorization has no expiration date and may be suspended or discontinued at any time.
Future dividends remain at the Board's discretion and will depend on earnings, financial condition, cash needs, prospects, and other factors.
GE Vernova (NYSE: GEV) raised its multi-year outlook and announced shareholder returns on December 9, 2025. The company now expects $52B revenue and 20% adjusted EBITDA margin by 2028 (up from $45B and 14%). It raised cumulative free cash flow guidance to $22B+ (2025–2028), plans ≈$10B cumulative capex and R&D, and forecasts backlog reaching ~$200B by year-end 2028. The board doubled the quarterly dividend to $0.50 and increased buyback authorization to $10B.
GE Vernova (NYSE: GEV) set a new GUINNESS WORLD RECORDS title for the largest online toy drive in 24 hours on Dec. 2, collecting 23,385 toys to be distributed in the U.S. by Toys for Tots.
The GE Vernova Foundation is matching donations to Save the Children and, with partner contributions from Hasbro and Mattel, the initiative will distribute over 70,000 STEM toys worldwide. GE Vernova also opened an "Innovators Toy Land" STEM pop-up at Rockefeller Center featuring hands-on exhibits and school field trips.