AI, GE Vernova and NRG Energy

GE Vernova and NRG to Build 5 Gigawatts of Gas Plants for AI
GE Vernova Inc., NRG Energy Inc. and Kiewit Corp. agreed to develop up to 5.4 gigawatts of gas-fired power plants, with one NRG executive saying that artificial intelligence is driving an electricity “demand supercycle.
AI’s power demands spark new joint GE Vernova–NRG electricity plant project
NRG Energy Inc. said Wednesday it’ll team up with GE Vernova Inc. and engineering company Kiewit Corp. to build four natural-gas electricity plants to meet increased power needs for data centers and artificial intelligence.
GE Vernova, NRG Energy Launch JV to Power Data Center, AI Boom
Initially the JV will work to bring online four projects with a combined capacity of 5 GW, to be supplied to the ERCOT and PJM markets.
NRG, GE Vernova and Kiewit to advance four natural gas power plants
NRG Energy, GE Vernova and Kiewit’s subsidiary The Industrial Company (TIC) have announced a new venture to accelerate electricity generation capacity to support demand growth in the US, addressing the rising need for computing power and GenAI.
GE Vernova (GEV) Stock Jumps on News of AI Data Center Deal
The stock of GE Vernova (GEV) is up 7% after the energy provider announced that it has formed a new partnership to help it meet rising demand
NRG, GE Vernova, Kiewit Have Plan to Build Four New Gas-Fired Power Plants
NRG Energy is joining with GE Vernova and Kiewit Corp. in a plan to build four new natural gas-fired power plants. The companies on Feb. 26 said the
NRG Energy, GE Vernova Target AI Power Business
NRG Energy, GE Vernova and Kiewit will join forces to build natural gas-fired power plants for tech companies that want city-sized amounts of power in a hurry, the companies said Wednesday. A new vent
GE Vernova Stock Jumps on AI Data-Center Deal. Electricity Demand Promises Growth.
GE Vernova stock jumped Wednesday after the power technology company announced it was joining forces with another energy provider and a builder to meet the growing demand for electricity from power-hungry AI data centers.
GE Vernova, NRG Energy form JV for electricity supply projects to meet AI power demand
GE Vernova (NYSE:GEV) +6.4% in Wednesday's trading after saying it will team with NRG Energy (NYSE:NRG) and a subsidiary of Kiewit Corp. in a new joint venture to build four natural gas combined cycle electricity plants to meet growing demand for power from data centers and artificial intelligence.
GE Vernova Inc. stock rises Friday, outperforms market
Shares of GE Vernova Inc. GEV rallied 2.73% to $335.18 Friday, on what proved to be an all-around positive trading session ...
Trade Tracker: Stephanie Link trims GE Vernova, CrowdStrike, buys more Palo Alto and Broadcom
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
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NRG partners with GE Vernova to develop 5.4GW of gas generation for US data center market
In the earnings call, NRG also reported that it signed Letters of Intent with two data center developers, PowLan and Menlo ...
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GE Vernova fuels Saudi Arabia’s energy transition with bold initiatives at the ‘New Era of Energy’ forum
GE Vernova announced its intent to invest in expanding the GE Saudi Arabia Turbines (GESAT) facility in Dammam to enable the ...
NRG Energy, GE Vernova and Kiewit Accelerating New Generation Capacity to Support Demand Growth
NRG Energy Inc. (NYSE:NRG) today joined GE Vernova, Inc. (NYSE: GEV) and TIC – The Industrial Company (TIC), a subsidiary of ...