# 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.

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

- [gevernova.com](https://www.gevernova.com/news/press-releases/ge-vernova-fully-acquire-prolec-ge-joint-venture), 2025-10-21: "GE Vernova will acquire the remaining fifty percent stake of Prolec GE, its unconsolidated joint venture with 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.