GE Vernova, the energy spin-off from the company formerly known as GE, on Wednesday announced it plans to invest nearly $600 million in its U.S. facilities over the next two years in order to help ...

Story Highlights GE Vernova invests $10 million in Pittsburgh facility. The investment will create over 270 jobs locally. The facility will produce power converters for renewable energy.

GE Vernova's Schenectady campus was started by Thomas Edison in the late 1880s. The company was spun off last April from General Electric Co. GE Vernova CEO Scott Strazik greet Massachusetts Gov.

GE Vernova plans a $96 million expansion at the site. General Electric property is viewed from Edison Avenue on Feb. 1, 2024 in Schenectady. GE Vernova has a large local presence in Schenectady ...

BofA raised the firm’s price target on GE Vernova (GEV) to $485 from $415 and keeps a Buy rating on the shares following Q4 results that the firm said “were solid and mostly matched consensus.” ...