GE Vernova stock jumps on Xcel Energy turbine pact as Prolec deal closes
GE Vernova shares rose 3.6% to $782.48 Tuesday after announcing a long-term supply deal with Xcel Energy for gas turbines and wind project capacity. The company also finalized its $5.3 billion purchase of Prolec GE and launched a senior notes offering to help finance the deal. Fitch and S&P assigned investment-grade ratings to the new notes.