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Trench Group
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GE Vernova’s $9bn Trench deal follows $29bn orders as power backlog reaches $197bn
GE Vernova reported a 27% increase in quarterly revenue and raised its 2026 guidance as electricity infrastructure demand accelerated. Its proposed $9 billion Trench Group acquisition expands high-voltage manufacturing capacity, but the purchase price, financing and late-2027 completion timetable introduce important risks.