GE Vernova to acquire remaining 50% stake of Prolec GE
CAMBRIDGE: GE Vernova Inc. (NYSE: GEV) will acquire the remaining 50% stake of Prolec GE, its unconsolidated joint venture with Xignux, further positioning GE Vernova as a global leader serving growing grid markets. The deal will accelerate GE Vernova’s Electrification segment’s growth trajectory, the company’s fastest-growing segment, by expanding its presence in and support for…