Energy & Power · 1892 generation roots · now GE Vernova

GE Power

Turbines and generators that lit up cities.

Now part of GE Vernova.

Vintage-style artistic recreation of GE's historic businesses.

Business history

Electrical generation equipment was at the core of GE from its founding in 1892.

GE developed large steam turbine generators in the early 20th century and later became a major maker of gas turbines.

GE Power's businesses became part of GE Vernova.

Acquired · Acquired 2003 · divested 2018
Jenbacher
GE acquired the Austrian gas-engine business in 2003; it later belonged to Distributed Power.
Ownership outcome: Transferred to Advent with Distributed Power on November 6, 2018, forming INNIO; not part of the 2024 GE Vernova split.
Source
Acquired · Dresser acquisition 2011 · divested 2018
Waukesha gas engines
Entered GE through the completed Dresser acquisition in February 2011, rather than a standalone Waukesha purchase.
Ownership outcome: Transferred with Distributed Power to Advent/INNIO on November 6, 2018.
Source
Acquired · Acquired 2015
Alstom power & grid businesses
GE bought Alstom's power generation and grid businesses in November 2015, its largest industrial acquisition.
Ownership outcome: Units now sit inside GE Vernova.
Source