ClimateWall Street Journalabout 1 hour ago
GE Vernova Buys Trench Group for $9 Billion
2 min read
GE Vernova agreed to buy Trench Group for $9.0 billion on Wednesday, funded by cash and debt. The deal closes by late 2027. Trench serves 800 utilities and 3,000 employees across 11 sites. Manufacturing of 765-kilovolt equipment begins in late 2027 at a Charlotte facility.
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