Your email has been successfully added to our mailing list.

×
-0.00138627948123961 -0.00180581142950953 -0.0025263119493643 -0.00698611896466819 -0.00843624026412272 -0.00589168779526844 -0.00932090545938751 -0.014628896630976
Stock impact report

Blackstone to invest US$1.2 billion in power generation facility in West Virginia [BNN Bloomberg (Canada)]

GE Vernova Inc. (GEV) 
Company Research Source: BNN Bloomberg
Utilities and large investors have scaled up funding to build new power capacity as they seek to meet the growing demand from data centers. The 600-megawatt combined-cycle natural gas plant, called Wolf Summit Energy project, in Harrison County will supply power to Old Dominion Electric Cooperative, which serves about 1.5 million residents across Virginia, Maryland and Delaware. “Helping meet the rising demand for electricity from AI and other areas is among our highest conviction investment themes,” said Bilal Khan, a senior managing director at Blackstone. The company said last week's Final Investment Decision provides financing for the project, allowing it to commence construction. The facility will use GE Vernova's gas turbine. The project adds to Blackstone's recent energy investments in Pennsylvania and Virginia totaling over 1,600 megawatts of new gas-fired capacity. (Reporting by Katha Kalia and Arunima Kumar in Bengaluru; Editing by Leroy Leo) Show less Read more
Impact Snapshot
Event Time:
GEV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GEV alerts
Opt-in for
GEV alerts

from News Quantified
Opt-in for
GEV alerts

from News Quantified