GE Vernova Set to Launch as Independent Energy Transition Leader Following Form 10 Registration

General Electric has officially filed its Form 10 registration statement with the U.S. Securities and Exchange Commission, marking a critical step toward the spring debut of GE Vernova as a publicly traded independent company. Scheduled to commence trading on the New York Stock Exchange under ticker “GEV” in early April, this strategic separation represents a pivotal moment for both entities as they position themselves to capture long-term growth opportunities in the global energy transition.

A Purpose-Built Platform for Sustainable Power Solutions

GE Vernova emerges as a uniquely positioned enterprise architected specifically to serve the evolving needs of the electric power industry during an unprecedented period of global electrification and decarbonization. The company commands an impressive operational footprint encompassing more than 80,000 professionals across 100-plus nations, backed by substantial annual R&D commitments exceeding $1 billion. By serving approximately 20% of an expanding $1.4 trillion energy market, GE Vernova is primed to capitalize on accelerating demand for next-generation power infrastructure and solutions.

The company’s competitive moat rests on its comprehensive technology portfolio deployed across a vast 2,200 GW global installed generation base. This extensive infrastructure foundation, combined with continuous innovation in clean energy technologies, positions GE Vernova to benefit from the multi-decade secular tailwind propelling the global energy transition forward.

Three Core Business Engines Driving Growth

The standalone company will operate through three strategically aligned business segments, each addressing critical components of modern energy systems:

The Power segment encompasses design, manufacturing, and lifecycle servicing of gas, nuclear, hydro, and steam generation technologies. This foundation business delivers the dispatchable and stable power generation capacity essential for reliable grid operations and energy security across global markets.

The Wind segment focuses on wind generation infrastructure, including both onshore and offshore turbine systems plus blade manufacturing. Serving utilities, renewable developers, independent power producers, and commercial customers, this division drives carbon-free power generation deployment at scale.

The Electrification segment integrates grid solutions, power conversion systems, solar installations, energy storage technologies, and proprietary digital orchestration software. These Electrification Systems and Software solutions address the complete value chain from power generation through final consumption points, enabling efficient electricity transmission, distribution, conversion, and storage across modern grids.

Additionally, specialized Accelerator businesses spanning Advanced Research, Consulting Services, and Financial Services provide strategic support and enhanced capabilities across the portfolio.

Financial Strength Supporting Independent Operations

GE’s robust financial position underpins the formation of GE Vernova as a well-capitalized, investment-grade public company. The parent company maintains sufficient capital resources to simultaneously establish both GE Vernova and GE Aerospace as financially stable, independently-rated enterprises capable of investing in growth and returning value to shareholders.

GE Vernova CEO Scott Strazik emphasized that the company is “poised to benefit from growing demand for energy transition products and services,” with teams having completed substantial preparation work for standalone operations. The filing demonstrates measurable progress toward the April launch and validates execution capabilities across all business divisions.

Path to Market Leadership

The Form 10 registration demonstrates GE Vernova’s multifaceted strategy for value creation. Beyond product and service innovation, the company prioritizes operational excellence through lean manufacturing practices, rigorous safety protocols, quality assurance, and cost optimization—mechanisms designed to strengthen profitability and enhance shareholder returns over time.

Management plans to present comprehensive growth strategies and detailed financial outlooks during investor day presentations scheduled for March 6-7 in New York, where stakeholders will gain deeper insight into technology roadmaps, market positioning, and capital allocation priorities for the newly independent enterprise.

Tax-Efficient Separation and Timeline

The separation is structured as a tax-free transaction for GE and its shareholders under U.S. federal income tax law, enhancing the financial efficiency of the transaction structure. Subject to final GE Board approval and standard regulatory conditions, the spin-off proceeds as planned for early April, with the Form 10 filing providing transparency into GE Vernova’s financial position, operational capabilities, and market opportunity ahead of market debut.