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GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division. [4] Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris, France, part of conditions for the Alstom purchase.
GE Power Systems was a division of General Electric operating as supplier of power generation technology, energy services and energy management and also included oil and gas, distributed power and energy rental related solutions. [2]
This was followed by the spin-off of GE's portfolio of energy businesses, which became GE Vernova on April 2, 2024. [148] [17] [149] Following these transactions, GE became an aviation-focused company; GE Aerospace is the legal successor of the original GE. [150] [151] [152] The company's legal name is still General Electric Company.
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GE’s first spinoff, GE HealthCare, which produces medical imaging equipment and tech devices, went public Jan. 4, 2023. GE Vernova, which houses the energy portfolio, has a spinoff planned for ...
GE Vernova Inc., [2] formerly GE Power and GE Renewable Energy, is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. [3]GE Vernova was formed from the merger and subsequent spin-off of General Electric's energy businesses in 2024: GE Power, GE Renewable Energy, GE Digital and GE Energy Financial Services.
In Canada, the organization was known as GE Hitachi Nuclear Energy Canada and its purpose is to provide fuel and service nuclear power plants that operate on heavy water reactors made by Atomic Energy Canada. [3] In 2016, GE and Hitachi sold GE Hitachi Nuclear Energy Canada to BWXT Canada Ltd. and renamed BWXT Nuclear Energy Canada [5] [6] [7] [8]