# GE Vernova to acquire remaining 50% stake in Prolec GE for $5.275B

GE Vernova announced it will acquire the remaining 50% stake of Prolec GE from Xignux for $5.275 billion, consolidating the joint venture after 30 years. Prolec GE is a leading grid equipment supplier with seven manufacturing sites.

- Type: Acquisition
- Announced: 2025-10-21
- Where: United States
- Value: $5.28B
- Status: announced
- Products: transformers, grid equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md) (acquirer)
- [Xignux](https://endata.com/companies/11492.md) (partner)
- [Prolec GE](https://endata.com/companies/13625.md) (target)

## Sources

- [prolec.energy](https://www.prolec.energy/news/ge-vernova-to-fully-acquire-prolec-ge-joint-venture/), 2025-12-17: "We're excited to execute this highly attractive and strategic move to acquire full ownership of our Prolec GE joint venture from Xignux."

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