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Home » Finance » GE Vernova’s Wind Division Reduces EBITDA Losses to $588M in 2024
Finance

GE Vernova’s Wind Division Reduces EBITDA Losses to $588M in 2024

By John LeeJanuary 23, 20252 Mins Read
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Credit:GE Vernova
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GE Vernova's wind division reported a reduction in EBITDA losses to $588 million for 2024, compared to a loss of $1 billion in 2023. The division’s revenues amounted to $9.7 billion, down 1% from $9.8 billion on a US GAAP basis, primarily impacted by challenges in the offshore wind sector. Total orders for the year

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