# GE in talks to sell nuclear turbines business to EDF for $1.2B

General Electric is in early-stage talks with EDF Energy about the potential sale of GE Steam Power's nuclear turbines business, valued at around $1.2 billion. No agreement has been reached yet.

- Type: Acquisition
- Announced: 2021-09-27
- Value: $1.20B
- Status: rumored
- Products: nuclear turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md) (target)
- [EDF Energy](https://endata.com/companies/1460.md) (acquirer)

## Sources

- [power-eng.com](https://www.power-eng.com/nuclear/ge-may-sell-nuclear-turbines-biz-to-edf-for-1-2b-reports-say/), 2021-09-27: "The deal for GE Steam Power's nuclear turbines business has been estimated at a value of around $1.2 billion, according to news reports."

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