Exclusive-GE Vernova, Siemens Energy in talks to supply gas turbines for Syria reconstruction, sources say [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
RIYADH/FRANKFURT (Reuters) -U.S. firm GE Vernova and Germany's Siemens Energy are in talks to supply gas turbines to a $7 billion project aiming to rebuild ?Syria's war-damaged power sector, three people familiar with the matter told Reuters. Syria signed a deal with a ?subsidiary of Qatar's Power International Holding in May to build four combined-cycle gas turbine power plants with a total capacity of 4,000 megawatts. The ?agreement also includes a 1,000-MW solar component. Siemens Energy and GE Vernova could both be awarded contracts for the project, one of the people said, adding, however, that it was too early to say when agreements might be concluded. Details of the amount budgeted for the turbines under the project were not available. And none of the three sources would estimate how much the turbine contracts ?might be worth. The talks could also lead to ?agreements beyond turbines, including the supply of critical power grid infrastructure, another of the sources said
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GEV
News
- GE Vernova signs agreement for 42 wind turbines with Greenvolt [Yahoo! Finance]Yahoo! Finance
- GE Vernova Investor Day Is Coming. What It Means for the Stock. [Yahoo! Finance]Yahoo! Finance
- Can GE Vernova's R&D Pipeline Boost Its Clean-Energy Position? [Yahoo! Finance]Yahoo! Finance
- GE Vernova (NYSE:GEV) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- China Debuts First Locally Built GE-Designed Gas Turbine [zero hedge]zero hedge
GEV
Earnings
- 10/23/25 - Miss
GEV
Sec Filings
- 12/2/25 - Form 4
- 9/24/25 - Form 3
- GEV's page on the SEC website