GE Vernova to acquire remaining 50% of Prolec GE joint venture from Xignux for $5.275B

GE Vernova announced it will acquire the remaining 50% stake in grid equipment maker Prolec GE from partner Xignux for a $5.275 billion purchase price at closing.

“GE Vernova will acquire the remaining fifty percent stake of Prolec GE, its unconsolidated joint venture with Xignux.”gevernova.com

• 1 source
• gevernova.comGE Vernova to fully acquire Prolec GE joint venture | GE Vernova NewsOct 21, 2025

Summarized from public sources; check the original articles before acting on it.