GE (NYSE: GE)’s Distributed Power business signed a milestone 20-year parts supply agreement with Nixon Energy Solutions (NES) to ensure long-term availability of 11 Jenbacher gas engines. The ...

American private equity firm Advent International has completed its $3.25 billion acquisition of GE’s Distributed Power business, spinning it off into a stand-alone energy firm under a new name. The ...

NEW YORK (Reuters) - General Electric Co said on Friday it was still considering a potential breakup of the 126-year-old industrial conglomerate, but such a move was secondary to running its ...

GE Digital announced the first solution resulting from its acquisition of Opus One Solutions to power the energy transition. Opus One DERMS is designed to be an end-to-end modular distributed energy ...

In an era marked by rapid technological advancements and growing energy demands—all compounded by infrastructure challenges due to persistent extreme weather events—the concept of distributed power ...