January 30, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--GE Vernova Incorporated (NYSE:GEV) (Boston, Massachusetts) plans to invest about $600 million in its U.S. facilities over the next two years, as part of a $9 billion global capital-spending, research and development effort. The investments cover a wide range of gas-powered, renewable and nuclear needs, with the largest share going to gas-turbine development. Industrial Info is tracking more than $11.5 billion worth of active and proposed projects across the U.S. featuring GE Vernova's services, more than 70% of which is attributed to capital-spending projects with at least a 70% likelihood of beginning construction as currently scheduled. Other companies featured: General Electric (NYSE:GE), American Electric Power Company Incorporated (NASDAQ:AEP), BWX Technologies Incorporated (NYSE:BWXT) and Ontario Power Generation.
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