Energy firm GE Vernova announces ‘spin-off’ date

By Robin Bravender | 03/01/2024 04:22 PM EST

The energy company will launch April 2, General Electric announced. 

The logo of General Electric.

The logo of General Electric is seen in 2019 in Belfort, eastern France. Sebastien Bozon/AFP via Getty Images

GE Vernova will spin off from General Electric on April 2, GE announced Thursday.

The energy company’s separation from GE has been expected, but the exact launch date wasn’t announced until this week. The spinoff will complete GE’s separation into three distinct public companies that focus on energy, aerospace and health care.

The “announcement clears the way for the historic launches of GE Vernova and GE Aerospace, completing our transformation into three independent, investment-grade industry leaders,” GE Chair and CEO and GE Aerospace CEO H. Lawrence Culp Jr. said in a statement.


Starting April 2, GE Vernova will be independent and led by CEO Scott Strazik.