GE Vernova is one of two suppliers in a power deal Venture Global announced on October 15, covering up to 16 gas-fired power islands of 720 MW each for LNG sites and potential AI data centers. The frame agreement was signed October 9, but only eight of the 16 islands are reserved so far, with the first order expected by the end of 2026 and further orders from early 2027. Beyond reservation fees, no party is obligated to buy or supply the rest, so the roughly $17.2 billion figure, which also includes a separate GE Grid Solutions transformer deal, depends on every order going ahead and is subject to adjustment. Spread over eight years to 2034, GE Vernova's full share would be about $2.2 billion a year, roughly 10% of its Power segment's $21 billion in sales over the last four quarters.
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