GE Vernova Shares Gain 6.9% on German Wind Turbine Deal

GE Vernova shares climbed 6.9% to $827.71 on Monday after the company announced an agreement to supply three wind turbines for a wind farm in Germany. The stock is up 27% year to date.

Yesterday, 19:42· Money Talk· 2,000 reads

GE Vernova Shares Gain 6.9% on German Wind Turbine Deal

The Cambridge, Mass.-based energy company signed the agreement with Stadtwerke Heidenheim AG for the Schlotberg-Jüchsen wind farm. Financial terms were not disclosed.

The order includes a 20-year long-term service agreement and is the sixth project between the two companies to use GE Vernova wind turbines. Deliveries are scheduled to begin in August 2027, with commissioning planned for December 2027.

GE Vernova Shares Gain 6.9% on German Wind Turbine Deal

Comments (0)