Summary
GE Vernova’s communications in October 2024 stressed its role in electrification and decarbonization, while celebrating diversity and announcing international hiring. By September 2025, the company advanced with carbon capture partnerships, renewable energy projects, manufacturing investments, divestitures, and leadership changes. These developments matter because they demonstrate continuity in sustainability goals alongside significant structural adjustments in business strategy.
Context and Scope
This account integrates the October 2024 GE Vernova newsletter with the company’s corporate, financial, and technological updates through September 2025. It covers the company’s mission, diversity recognition, career guidance, and global hiring initiatives, as well as later developments such as dividends, carbon capture technology, renewable energy agreements, leadership appointments, manufacturing expansions, divestitures, institutional investments, and stock performance. The scope is limited to verified facts arranged chronologically for clarity.
Exhaustive Narrative of Facts
October 2024 Company Communication
In October 2024, GE Vernova described itself as a purpose-built global energy company focused on Power, Wind, and Electrification, supported by accelerator businesses. The company pointed to more than 130 years of experience in addressing global challenges and emphasized its mission of powering economies and providing electricity vital to health, safety, security, and quality of life.
Diversity Recognition in 2024
That same month, GE Vernova celebrated employees recognized by the Society of Asian Scientists and Engineers (SASE) Achievement Awards, coinciding with Global Diversity Awareness Month. Employees were honored in categories such as Promising Professional, Career Achievement, Advocate, Service Impact, and ERG Leadership (Employee Resource Group Leadership).
Career and Hiring in 2024
The newsletter encouraged professionals to reevaluate career priorities in the fall and recommended The Muse as a resource for job seekers and career changers. It also announced that the Operations Management Leadership Program (OMLP) was hiring in multiple countries, including the United Kingdom, France, Switzerland, Italy, the United States, Canada, Brazil, India, and Singapore.
Technical and Legal Footer in 2024
The October 2024 communication concluded with “© 2024 GE VERNOVA, EOE.” Recipients were advised to add opportunities@recruiting.gecareers.com to their address books. An unsubscribe link was also included.
September 2025 Corporate and Financial Updates
On September 25, 2025, GE Vernova declared a $0.25 per share quarterly dividend, payable on November 17, 2025, to shareholders of record on October 20, 2025.
In September 2025, the company announced a partnership with Deep Sky to deploy Direct Air Capture (DAC) technology at the Deep Sky Alpha facility in Alberta, Canada. This facility is designed to capture up to 1,500 tons of carbon annually, with operations expected to begin in late 2026. GE Vernova also commissioned a smaller DAC test site at its Advanced Research Center in Niskayuna, New York, with a capacity of 10 tons per year.
That same month, GE Vernova finalized the sale of its onshore wind blade factory in Goleniów, Poland, to Vestas. The sale was presented as part of efforts to streamline the wind business and focus on core European manufacturing operations.
The company also secured two onshore wind agreements in Germany: seven 6 megawatt (MW) turbines with Enertrag for the Bonacker wind farm in Nordrhein-Westfalen, and eight 6 MW turbines with Prokon for repowering the Fleetmark project in Sachsen-Anhalt.
On September 15, 2025, GE Vernova appointed Lola Lin as Executive Vice President, Chief Legal Officer, and Corporate Secretary.
Additionally, GE Vernova announced the sale of its Proficy industrial software business to TPG for $600 million, with completion expected in the first half of 2026. Proficy represents about 20 percent of the company’s electrification software revenue. GE Vernova will retain a non-voting observer seat on Proficy’s board.
In the United States, GE Vernova expanded generator manufacturing at its Schenectady, New York site with a $41 million investment, creating 50 new jobs. The project will produce H65 and H84 generators for HA gas turbines and was supported by a $1 million grant from New York’s Excelsior Jobs Program. This expansion formed part of a broader $720 million U.S. manufacturing commitment, expected to create about 1,800 jobs over two years.
In the second quarter of 2025, Diversified Enterprises LLC acquired 545 shares of GE Vernova, valued at about $288,000. Analysts projected that earnings before interest, taxes, depreciation, and amortization (EBITDA) and cash earnings could triple by 2028. On September 25, 2025, GE Vernova’s stock declined 3.41 percent, underperforming the wider market.
Cross-Turn Chronology
– October 2024: GE Vernova communicated its mission, diversity recognition, and international hiring program.
– September 2025: The company announced dividends, advanced carbon capture projects, completed a factory sale, secured wind energy agreements, appointed a new legal executive, sold a software business, expanded U.S. manufacturing, and attracted institutional investment. Analyst forecasts projected long-term growth despite short-term stock decline.
Practical Takeaways
– GE Vernova emphasized electrification, decarbonization, and diversity recognition in 2024.
– Career advice and global hiring programs underlined its appeal to professionals.
– By 2025, the company pursued carbon capture technologies, renewable energy projects, and divestitures to sharpen its strategic focus.
– Manufacturing investments in the United States were supported by state incentives and tied to job creation.
– Leadership appointments and institutional investments indicated structural evolution.
– Analysts forecasted strong earnings growth even as the stock underperformed on September 25, 2025.
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