GE Vernova was spun off from General Electric to house the company's power generation and energy transition businesses. It builds gas turbines, wind turbines and grid equipment used to generate and move electricity, positioning it at the center of both traditional power generation and the buildout of renewable capacity. Rising electricity demand from data centers and AI infrastructure has renewed interest in the gas turbine business it inherited from GE, a product line with decades of installed base and long-term service contracts. The company operates across three segments: power, wind and electrification, each with different growth and margin profiles.