# GE Vernova and LS Electric form VSC-HVDC joint venture

GE Vernova announced on August 26, 2026, the signing of an agreement to establish a joint venture with LS Electric to strengthen competitiveness in the VSC-HVDC business for Korea's next-generation power grid.

- Type: Acquisition
- Announced: 2026-08-26
- Where: South Korea
- Status: announced
- Products: VSC-HVDC systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md) (partner)
- [LS Electric](https://endata.com/companies/15629.md) (partner)

## Sources

- [gevernova.com](https://www.gevernova.com/news/press-releases/ge-vernova-establishes-vsc-hvdc-joint-venture-ls-electric), 2026-08-26: "GE Vernova Inc. today announced the signing of an agreement for establishing a joint venture (JV) with LS Electric to further strengthen its competitiveness in the Voltage-Sourced Converter (VSC)-HVDC business"

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