GE Vernova, NRG Energy and JV

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, 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, 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 venture is […]
AI’s power demands spark new joint GE Vernova–NRG electricity plant project
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 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.
NRG Energy, GE Vernova, Kiewit Subsidiary Form Venture Over Electricity Supply Amid Growing Demand
NRG Energy joined GE Vernova and a subsidiary of Kiewit in a new venture aimed at bringing new electricity generation to market in response to growing demand for computing power and generative artificial intelligence.
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.
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.
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 ...
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 ...
GE Vernova Inc. stock rises Friday, outperforms market
GE Vernova Inc. closed 25.10% short of its 52-week high of $447.50, which the company achieved on January 23rd.
NRG Energy Beats Q4 EPS Estimates, Unveils AI Power Expansion, And Reaffirms 2025 Growth Outlook
NRG Energy, Inc. (NYSE: NRG) stock rises after reporting mixed Q4 2024 results, exceeding adjusted EPS guidance and achieving ...
NRG Energy, GE Vernova and Kiewit accelerating new generation capacity
The Industrial Company TIC , a subsidiary of Kiewit Corporation in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for ...