GEV's Turbines to Power Saudi Gas Plant: How to Play the Stock

Key Takeaways GE Vernova will supply five 7H-Class turbines to Saudi Arabia's 3GW power plant expansion project. GEV stock is up 47.5% YTD, outperforming the industry, sector, and broader market by significant margins. GEV's gas turbine orders jumped 11.8% in Q1 2025.GE Vernova Inc. (GEV) recently clinched an order to supply five of its advanced 7H-Class gas turbines for Saudi Arabia’s 3 gigawatts (GW) Qurayyah Independent Power Plant Expansion Project. This further strengthens GEV’s Saudi ties, with the ...