# GE Vernova completes acquisition of remaining 50% stake in Prolec GE for $5.275 billion

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.

- Type: Acquisition
- Announced: 2026-02-02
- Where: Mexico
- Value: $5.28B
- Status: completed
- Products: transformers for power generation, transmission, and distribution
- 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

- [shale24.com](https://www.shale24.com/electricidad/la-adquisicion-prolec-ge-vernova-clave-argentina-transformadores-pieza-falta-expandir-red-n931), 2026-04-02: "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."
- [recorderonline.marketminute.com](https://recorderonline.marketminute.com/article/publisher/GE%20Vernova%20Inc.), 2026-05-19: "GE Vernova Inc. today announced it has completed the acquisition of the remaining 50% stake of Prolec GE."

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