GE Vernova Secures 2030 Slot for 7HA.02 Turbine in $60M Project
GE Vernova has agreed with Maxim Power to reserve a 7HA.02 gas turbine and generator package for 2030 delivery, secured by a non-refundable deposit credited toward final purchase. The reservation supports the Prairie Lights Power project in Alberta, with up to $60M planned spending in 2026 and regulatory permit amendments.
1. Turbine Reservation Agreement
GE Vernova and Maxim Power entered a reservation agreement for a 7HA.02 gas turbine and generator package, with delivery scheduled for 2030 and secured by a non-refundable deposit credited toward the final sales contract.
2. Prairie Lights Project Details
The reserved turbine supports the Prairie Lights Power project in Alberta, which forecasts up to $60M in capital spending in 2026 and requires amendments to existing regulatory permits for turbine integration.
3. Implications for GE Vernova
The reserved slot bolsters GE Vernova’s long-term order backlog and underscores its role in large-scale gas turbine deployments, complementing its renewable energy and electrification solutions strategy.