GE Vernova Expects Q4 Contractual Commitments To Be Higher Than Q3 Additions Based On Current Trends - GEV News | RalliesGE Vernova Expects Q4 Contractual Commitments To Be Higher Than Q3 Additions Based On Current Trends
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GEV• Morgan Stanley conference comments on commitments and growth
- GE Vernova expects 50% growth in gas capacity additions by the end of this year, according to the Morgan Stanley conference.
- The company said it does not expect a 40 GW pace of new contract commitments every six months.
- GE Vernova expects second-half contract commitments to exceed its 20 GW guidance.
- The company expects Q4 contractual commitments to be higher than Q3 additions based on current trends.
- GE Vernova said it would like to do more M&A, almost certainly within its core businesses.
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