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GE Vernova Buys Trench Group for $9 Billion, Boosting Grid Gear Capacity

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Medium 7/10GE Vernova Trench Group

GE Vernova Buys Trench Group for $9 Billion, Boosting Grid Gear Capacity

GE Vernova is set to acquire high-voltage grid equipment maker Trench Group for $9 billion, a move that could significantly impact the utilities sector. The deal signals increased investment in grid modernization and expansion.

October 29, 2026Published 1 hour ago