Between April and June 2014, General Electric entered into negotiations to acquire the energy business of the French group Alstom.
[7] On April 30, Alstom's board of directors accepted General Electric's €12.35 billion offer, for its energy business.
Its products included wind (onshore and offshore), hydroelectric and solar (concentrated and photovoltaic) power generating facilities.
[10] In January 2016, General Electric announced that it was cutting 6,500 jobs in its energy division, GE Power.
[20] The LLC was incorporated on April 2, 2024,[21] as GE Vernova Inc. and was listed on the New York Stock Exchange under ticker symbol GEV.
This former Alstom Power business, valued at one billion euros, specialises in nuclear turbine-generator sets, in particular "Arabelle", and the maintenance services associated with the reactors deployed.