GE Vernova to Fully Acquire Prolec GE Joint Venture
October 22, 2025
October 22, 2025
CAMBRIDGE, Massachusetts, Oct. 22 -- G.E. Vernova, an energy company, posted the following news release on Oct. 21, 2025:
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GE Vernova to fully acquire Prolec GE joint venture
- Acquiring the remaining 50% stake of the joint venture from Xignux; a highly attractive, accretive acquisition of a leading grid equipment supplier
- Accelerates growth for GE Vernova's Electrification segment, the company's fastest-growing segment, while . . .
* * *
GE Vernova to fully acquire Prolec GE joint venture
- Acquiring the remaining 50% stake of the joint venture from Xignux; a highly attractive, accretive acquisition of a leading grid equipment supplier
- Accelerates growth for GE Vernova's Electrification segment, the company's fastest-growing segment, while . . .