NRG, GE Vernova and AI

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.
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, 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 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
NRG, GE Vernova and Kiewit Will Build 5 GW of Power Plants for Data Centers
Firms will construct plants in undisclosed locations in Texas and the mid-Atlantic region, with the first 1.2-GW facility set to operate in 2029, but no project investment total was disclosed.
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.
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 ...
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 ...
Datacenter Dynamics1d
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 ...
Zawya2d
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 ...
MEED2d
Saudi Exim and GE Vernova agree cooperation protocols
Deal follows significant investment in the US firm's manufacturing capacity in the kingdom ...
Power Engineering2d
New joint venture aims to shorten ‘concept-to-electron’ timeline for generation projects
This U.S.-based venture combines the experience of a power generation and wholesale company/developer, original equipment ...