Corrected: UPDATE 1-Venezuela, GE Vernova sign cooperation agreement on power supply

General Electric Co

15/06/2026 23:02

Corrects name of company to GE Vernova, not General Electric, in story identifier, headline and in paragraph 1
June 15 (Reuters) - Venezuela's government and electricity supply company GE Vernova GEV.N signed a memorandum of understanding, Venezuelan state TV showed on Monday.
Interim President Delcy Rodriguez said she had asked her teams to formalize the contract as soon as possible to begin work that should make available 1 gigawatt of energy within its first 24 months and more than 5 gigawatts over four years.
 "This is a historic step for Venezuela, enabling us to restore a service as essential to the life of a country as its electricity supply," she said in an announcement, speaking alongside the head of GE Vernova's power segment, Eric Gray.
 Rodriguez did not say how much would be spent on the deal.

 (Reporting by Reuters staff, Editing by)
 ((sarah.morland@thomsonreuters.com;))