GE Vernova to acquire remaining 50% stake in Prolec GE for $5.3 billion

GE Vernova Inc. agreed to acquire the remaining 50% of Prolec GE from Xignux for $5.3 billion. The transaction is expected to close in mid-2026, subject to regulatory approvals.

“The acquisition of a 100% stake in the Prolec joint venture... will strengthen GE Vernova's position in the electric grid markets.”akm.ru

• 2 sources
• akm.ruAmerican GE Vernova acquires 50% in Mexican joint venture Prolec for $5.3 billion | AKM ENAK&MNov 22, 2025
• isimarkets.comGE Vernova To Take Full Control of Mexico-Rooted Prolec GE in USD 5.28bn Deal - ISIEMISDec 12, 2025

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