Article

GE Vernova projected a $250 million revenue loss for its wind power unit in 2025 due to installation delays at the Vineyard Wind project in Massachusetts, with the failure to install 11 turbines potentially leading to $400 million in losses. Despite these setbacks, the company anticipates stable margins for its wind unit in 2026 and reports strong demand in its power and electrification sectors, with a forecasted revenue of $44 billion to $45 billion for 2026, exceeding analyst expectations.