GE Vernova and LS Electric form HVDC joint venture in South Korea
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
- Nasdaq climbs over 1% as SpaceX, Super Micro improve AI sentiment
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
- Nvidia’s Huang highlights AI benefits in Berlin speech amid wider European tour
- AI bubble about to burst? Not yet, Yardeni says
Tweet
Share
E-mail
Get Alerts GEV Hot Sheet
Price: $929.59 +4.41%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: -2.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: -2.3%
Join SI Premium – FREE
GE Vernova Inc. (NYSE: GEV) announced it has signed an agreement with LS Electric to establish a joint venture focused on Voltage-Sourced Converter High-Voltage Direct Current (VSC-HVDC) technology, according to a company press release.
The joint venture is aimed at expanding GE Vernova's presence in South Korea's power grid sector, where VSC-HVDC systems are considered a component of the country's next-generation electricity infrastructure.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US Treasury: 'Authorizing Wind Down Activities...the Offloading of Cargo Involving Certain Persons or Vessels Blocked on October 21, 2026'
- Galaxy Digital (GLXY) call put ratio 3.8 calls to 1 put with a focus on November 27 weekly 18 and December 16 calls
- John Malone says SpaceX may invest up to $10b in Skydance
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
