GE Vernova and Xcel Energy sign strategic alliance with five F-class turbine reservation

GE Vernova and Xcel Energy announced a strategic alliance to support Xcel's generation and grid projects into the 2030s. The first step is a reservation agreement for five F-class gas turbines, and Xcel has also completed a capacity reservation for multiple gigawatts of GE Vernova wind turbines. The companies also plan to work on grid equipment, including synchronous condenser technology, and on AI and grid modernization.

• Reservation agreement for five F-class gas turbines
• Capacity reservation for multiple gigawatts of wind turbines
• Covers Xcel generation and grid projects into the 2030s
• Grid work includes synchronous condenser technology