GE Vernova Inc, a leader in global energy solutions, announced the successful completion of the sale of its conventional island equipment manufacturing and related services for nuclear power plants to EDF. This division, now renamed Arabelle Solutions, will continue to cater to the international market outside of the Americas, handling both new nuclear power installations and the maintenance and upgrades of existing facilities.
Scott Strazik, CEO of GE Vernova, remarked on the milestone, “This transaction marks a significant step in our ongoing strategy to focus on core services and advance in nuclear technology, particularly in small modular reactors. I’m grateful for the dedication of our teams who made this possible, ensuring a smooth transition and setting a strong path forward for both entities.”
The deal allows GE Vernova to concentrate on its nuclear services operations in the Americas and its partnership with GE Hitachi Nuclear Energy, emphasizing lifecycle services for reactor islands and the deployment of groundbreaking small modular reactor (SMR) technologies. GE Vernova remains deeply invested in the nuclear power sector, supporting the broader energy transition with innovative and sustainable solutions.
While financial details of the transaction were not disclosed, the move aligns with GE Vernova’s streamlined focus on enhancing its service offerings and promoting advanced nuclear technologies across its platforms.
GE Vernova represents a new era in the energy sector, carrying forward GE’s 130-year legacy of innovation and quality under a new banner that underscores its commitment to a sustainable energy future. Headquartered in Cambridge, Massachusetts, GE Vernova employs approximately 75,000 people worldwide, dedicated to powering global economies while advancing the decarbonization of energy sources. For more information, please visit www.gevernova.com.
