GE Vernova's stock rose 5.3% following news that natural gas equipment bottlenecks are easing. According to Jefferies and Wood Mackenzie analysis from February 24, 2026, GE Vernova, Siemens, and Mitsubishi Heavy Industries have all announced significant capacity expansions since the start of the previous year. These manufacturers are increasingly not the primary bottleneck for large loads seeking power generation. The expansion is driven by rapid new demand for 24/7 generation to serve large loads like data centers. Additionally, GE Vernova has expanded its European onshore wind presence with a deal to supply 23 turbines to Romania and is positioned as a leader alongside NextEra Energy in powering the utility sector's growth driven by artificial intelligence infrastructure demands.
Read full analysisGE Vernova's stock rose 5.3% following news that natural gas equipment bottlenecks are easing. According to Jefferies and Wood Mackenzie analysis from February 24, 2026, GE Vernova, Siemens, and Mitsubishi Heavy Industries have all announced significant capacity expansions since the start of the previous year. These manufacturers are increasingly not the primary bottleneck for large loads seeking power generation. The expansion is driven by rapid new demand for 24/7 generation to serve large loads like data centers. Additionally, GE Vernova has expanded its European onshore wind presence with a deal to supply 23 turbines to Romania and is positioned as a leader alongside NextEra Energy in powering the utility sector's growth driven by artificial intelligence infrastructure demands.
GE Vernova is a power equipment and energy technology company spun off from General Electric in 2024, supplying roughly a quarter of the world's electricity infrastructure including gas turbines, wind turbines, and grid equipment. Its $150 billion backlog and position as one of three dominant global gas turbine OEMs place it at the center of the AI data center power buildout, with Q4 adjusted EPS of $13.39 crushing the $2.99 consensus. Today's gain reflects the ongoing re-rating of GEV as AI-adjacent infrastructure, reinforced by a Jefferies note highlighting easing turbine bottlenecks as manufacturers ramp capacity.