# Alstom to exit energy joint ventures with GE for €2.594 billion

Alstom signed an agreement with General Electric to exit three joint ventures in renewables, grid and nuclear for €2.594 billion ($3.08 billion). The transfer of interests is expected to occur on October 2, 2018.

- Type: Acquisition
- Announced: 2022-03-03
- Value: $3.08B (2.59B EUR)
- Status: announced
- Products: renewables, grid, nuclear
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

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

## Sources

- [aa.com.tr](https://www.aa.com.tr/en/energy/news-from-companies/alstom-to-exit-energy-joint-ventures-with-ge-/19998), 2022-03-03: "Alstom announced Thursday that it signed an agreement with General Electric to exit three joint energy ventures for a total amount of €2.594 billion ($3.08 billion)."

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