Scott Strazik

Stories

GE Vernova agrees to buy grid-equipment maker Trench Group for $9 billion

Leading GE Vernova's expansion of its Electrification segment

GE Vernova agreed on October 28 to buy Trench Group, a Berlin-based maker of high-voltage grid components, for $9 billion. The parts it makes, including bushings, instrument transformers and coils, sit inside most long-distance transmission lines.

Updated Oct 31