Loading…

GE Vernova completed the purchase of the remaining 50% stake in Prolec GE, its joint venture with Xignux, for $5.275 billion on February 2, 2026, gaining full ownership of the largest transformer manufacturer in North America.
“El 2 de febrero de este año, GE Vernova completó la compra del 50% restante de Prolec GE, su joint venture de tres décadas con el grupo industrial mexicano Xignux, por u$s 5.275 mil millones.”shale24.com
Summarized from public sources; check the original articles before acting on it.