GE Vernova's Wind Segment Struggles Despite Sunzia Milestone
Dow Jones
Jul 22
GE Vernova's Wind segment posted a $275 million Ebitda loss in the second quarter, widening from $165 million a year earlier. The loss reflects lower onshore equipment deliveries stemming from soft orders in the first half of 2025, combined with higher offshore project costs. The segment's margin deteriorated to negative 13.6%. The weakness contrasts with the operationalization of SunZia, an onshore wind farm in New Mexico powered by GE Vernova's turbines and described as the largest renewable energy infrastructure project in U.S. history
This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.
(END) Dow Jones Newswires
July 22, 2026 06:49 ET (10:49 GMT)
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