GE Vernova Wins Puerto Rico Turbine Deal: What Lies Ahead for the Stock?

Key Takeaways GE Vernova to deliver six gas turbines (244 MW) to support Puerto Rico's energy infrastructure recovery. GEV shares surged 53.8% YTD, beating the alternative energy industry and sector. GEV's strong sales outlook supports long-term growth amid rising demand, but valuation remains premium.GE Vernova Inc. (GEV) recently secured an order from Puerto Rico’s RG Engineering to deliver six of its LM2500XPRESS aeroderivative gas turbine packages. Notably, GEV’s LM2500XPRESS turbines can be installed ...