NRG Energy, GE Vernova and Kiewit Accelerating New Generation Capacity to Support Demand Growth
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This best-in-class,
“The growing demand for electricity in part due to GenAI and the buildup of data centers means we need to form new, innovative partnerships to quickly increase America’s dispatchable generation,” said
Initially, the venture will work to advance four projects totaling over 5 gigawatts (GW) of efficient, new natural gas combined cycle power plants for the
“GE Vernova is honored and excited that NRG has selected to own and operate our industry-leading 7HA gas turbine technology as they continue to increase their ability to serve their customers,” said
Harnessing the power of three industry leaders, this collaboration’s strength resides on all three sides:
- NRG is one of America’s leading power generators and energy retailers with over 160 TWh and 1.9 Tcf delivered, and 13GW of generation capacity in its fleet.
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GE Vernova is a purpose-built, global energy company that includes Power, Wind, and Electrification segments. Building on over 130 years of experience tackling the world’s challenges,GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. -
Kiewit including its subsidiary, TIC, is one of America’s leading engineering, construction and procurement (EPC) companies, and one with the most experience in building projects equipped with
GE Vernova equipment.
“We’re excited to be part of this partnership to deliver power generation projects to support the growth and demand of technology development in the U.S.,” said
About NRG
About
About Kiewit
Kiewit is one of North America’s largest and most respected construction and engineering organizations. With its roots dating back to 1884, the employee-owned company operates through a network of offices and projects in
About TIC
TIC–The Industrial Company is a wholly-owned subsidiary of
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as “may,” “should,” “could,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “expect,” “intend,” “seek,” “plan,” “think,” “anticipate,” “estimate,” “predict,” “target,” “potential” or “continue” or the negative of these terms or other comparable terminology. Although NRG believes that the expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially.
NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Factors that could cause actual results to differ materially from those contemplated herein include, among others, general economic conditions; hazards customary in the power industry; the inability to execute NRG’s strategies, initiatives, or partnerships; the failure of NRG’s expectations regarding load growth to materialize; legislative and regulatory changes; and the other risks and uncertainties detailed in NRG’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the
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