# GE Vernova to invest $41M in Schenectady facility

GE Vernova is investing $41 million in its Schenectady facility and expects to add 50 jobs as part of the investment.

- Type: Investment
- Announced: 2025-08-19
- Where: Schenectady, United States
- Value: $41.0M
- Jobs: 50
- Status: announced
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md)

## Sources

- [bizjournals.com](https://www.bizjournals.com/albany/news/2025/08/19/ge-vernova-schenectady-investment.html), 2025-08-19: "GE Vernova is investing $41 million in its Schenectady facility, the company announced Tuesday."
- [globalenergyworld.com](https://www.globalenergyworld.com/news/traditional-energy/2025/08/20/gev-plans-new-41-m-50-job-investment-schenectady-expand-gas-power-capacity), 2025-08-20: "We are committed to meeting the needs of our customers and the world as demand for electricity continues to rise at historic rates."
- [cnbc.com](https://www.cnbc.com/investingclub/2025/08/20/what-ge-vernovas-new-manufacturing-investment-means-for-the-ai-power-stock-.html), 2025-08-20: "We are committed to meeting the needs of our customers and the world as demand for electricity continues to rise at historic rates."
- [americanmachinist.com](https://www.americanmachinist.com/news/news/55310928/more-capex-planned-at-ny-turbine-plant-ge-vernova), 2025-08-20: "We are committed to meeting the needs of our customers and the world as demand for electricity continues to rise at historic rates."
- [utilitydive.com](https://www.utilitydive.com/news/mitsubishi-gas-turbine-manufacturing-capacity-expansion-supply-demand/759371/), 2025-09-05: "GE Vernova announced on Aug. 19 that it is investing $41 million to enhance the manufacturing of its H65 and H84 generators, used in the company's HA gas turbines."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.