GE Vernova Signs Deal to Rebuild Venezuela's Power Grid

Venezuela has signed a memorandum of understanding with GE Vernova (NYSE: GEV) and state-owned utility Corpoelec to repair, modernize, and stabilize the country’s national power grid. The agreement aims to restore 1,000 MW of generating capacity within two years.

By Carl Surran, SA News Editor · Seeking Alpha ·

GE Vernova Signs Deal to Rebuild Venezuela's Power Grid

Tickers: $GEV

Topics: Energy Government Contracts Public Infrastructure

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