# GE finalizes $16.8B acquisition of Alstom's energy businesses

General Electric finalized a €12.34 billion ($16.8 billion) agreement to acquire Alstom's energy businesses, including gas turbines, nuclear, steam turbine, offshore wind, and hydro power. GE will take full ownership of the gas turbine business and form 50-50 joint ventures with French shareholders for other assets.

- Type: Acquisition
- Announced: 2026-06-25
- Where: France
- Value: $16.8B
- Jobs: 1,000
- Status: completed
- Products: gas turbines, steam turbines, nuclear power equipment, offshore wind turbines, hydro power equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md) (acquirer)
- [Alstom](https://endata.com/companies/3570.md) (target)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/analysis-ges-bittersweet-168-bn-deal-buy-alstom), 2026-11-05: "General Electric scored large in its win over Siemens to buy the energy arm of French industrial giant Alstom."

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