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GE Vernova

Global energy provider: power, wind, electrification

GSI Engineering Intern

Summer 2027Posted on 10/9/2026
$25 - $50/hr+ Relocation assistance + Weekly housing allowance
Internship
Bachelor's
Oakbrook Terrace, IL, USA
In PersonMust be willing to relocate to Oakbrook Terrace, Illinois.
No H1B Sponsorship

About the job

Requirements
  • Must be enrolled full-time in an undergraduate degree program.
  • Must be able to speak English fluently.
  • Must be able to travel.
  • Must be able to work in the United States without sponsorship.
Responsibilities
  • Apply engineering and design knowledge to active projects and gain hands-on experience with products and industry practices.
  • Participate in field visits and factory tours to learn about the power grid from design to implementation.
  • Lead process improvement assignments.
  • Receive mentorship and guidance from experienced engineers.
  • Build a foundation in corporate and project management through dedicated exposure and a structured workshop.
Desired Qualifications
  • Maintain a minimum cumulative GPA of 3.2.
  • Electrical Engineering major.
  • Prior internships, co-op, or industry research experience.
  • Demonstrated leadership and an analytical approach to problem solving, with communication skills and interest in power systems.
  • Interest in power electronics, power systems, and controls.
  • Power-system-related coursework.
  • Geographic flexibility and willingness to relocate to Oakbrook Terrace, Illinois.

About the company

GE Vernova is a global energy company created in 2024 to support the electricity grid and the energy transition, with three focuses: Power, Wind, and Electrification. It sells large-scale equipment, signs long-term service agreements, and provides software to utilities, independent power producers, grid operators, and large industrial energy users. Its products include H-Class gas turbines that can burn natural gas with blends of hydrogen toward 100% hydrogen, Haliade-X offshore wind turbines up to 14.7 MW, and GridOS software that unifies grid data to help manage networks and integrate renewables. By combining hardware, services, and software under GE heritage, it aims to meet rising electricity demand while accelerating decarbonization across global energy systems.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$17.6M

Headquarters

Cambridge, Massachusetts

Founded

2022

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Simplify's Take

What believers are saying

  • Q2 2026 orders jumped 88% organically; data center orders exceeded $5 billion.
  • Backlog reached $176.3 billion in Q2 2026, supporting growth through 2027.
  • GE Vernova raised 2026 revenue guidance to $45.5-$46.5 billion after stronger cash conversion.

What critics are saying

  • Wind lost $275 million in Q2 2026; US orders stayed blocked by tariffs.
  • Vineyard Wind sued GE Vernova in April 2026 over blade failures and payment disputes.
  • Offshore wind execution can destroy capital, distract management, and cripple credibility with utilities.

What makes GE Vernova unique

  • GE Vernova's August 26, 2026 LS Electric JV strengthens VSC-HVDC execution in Korea.
  • Its August 24, 2026 MV-UPS launch targets data centers and AI factories directly.
  • Scott Strazik's platform spans turbines, grid gear, and services across 25-30% of global electricity.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Parental Leave

Mental Health Support

Relocation Assistance

Performance Bonus

Company News

Yahoo Finance
Oct 8th, 2026
Cramer tips GE Vernova and Vertiv as data center plays missing from jobs report

Jim Cramer highlighted GE Vernova and Vertiv on 2 October, noting their exposure to data centre growth. He questioned why the jobs report didn't reflect the data centre buildout, suggesting commercial construction is weak whilst data centre projects remain strong. Vertiv's Q2 net sales grew 24% annually, with operating profit up 44%. However, revenue growth of 17.8% missed analyst estimates of 23.6% due to supply chain issues, raising concerns about backlog conversion. The company's capital expenditure surged 285% to $173 million. GE Vernova's shares have risen over 240% since October 2024. Q2 customer downpayments generated a $6.4 billion working capital benefit, pushing free cash flow up 2,532% to $5.1 billion. The company raised its full-year cash flow guidance to $11.5–$12.5 billion from $6.5–$7.5 billion.

Yahoo Finance
Oct 7th, 2026
GE Vernova stock soars 600% in two years, eyes 300% growth by 2032

General Electric spun off its energy division as GE Vernova on 2 April 2024. The stock opened at $142.25 per share and reached a record high of $1,174.86 on 30 June 2026, now trading at about $1,000. GE Vernova operates three segments: Power, Electrification, and Wind. Strong demand from cloud and AI markets drove growth in its Power and Electrification businesses, whilst the Wind segment faced operational challenges. The company's backlog grew 37% year-over-year to $176.3 billion at the end of Q2 2026. Analysts expect revenue and adjusted EBITDA to grow at compound annual growth rates of 17% and 60% respectively from 2025 to 2028. GE Vernova trades at 27 times next year's adjusted EBITDA, with an enterprise value of $262 billion.

Yahoo Finance
Sep 29th, 2026
GE Vernova orders surge 68% as AI data centres drive power demand

GE Vernova, General Electric's former energy division spun off in 2024, is positioned to benefit from surging power demands at AI data centres. The company operates three segments: Power (55% of 2025 orders), Electrification (33%), and Wind (13%), providing turbines, transformers, and grid services. Orders grew 24% organically in the first half of 2026, driven by Power and Electrification segments. By Q2 2026, GE Vernova's backlog reached $176.3 billion — 4.6 times its 2025 revenue of $38.1 billion. The company expects 2026 revenue to grow 20-22%, accelerating from 9% growth in 2025 and 5% in 2024. Fortune Business Insights projects the global AI in power utilities market could expand at a 19.3% compound annual growth rate from 2026 to 2034.

Yahoo Finance
Sep 24th, 2026
GE Vernova, Hitachi, and Samsung partner to deploy small modular reactors across Europe

Four major engineering firms have signed a memorandum of understanding to cooperate on building and deploying small modular reactors (SMRs) in Europe. GE Vernova, Hitachi, Samsung C&T, and Poland-based SGE will work together on market development and commercial opportunities for the BWRX-300, an SMR developed by GE Vernova and Hitachi subsidiaries. The agreement was signed during the Atlantic Council Nuclear Energy Policy Summit at the UN General Assembly in New York. SMRs are smaller-scale, plug-and-play nuclear generators that are cheaper and quicker to construct than traditional nuclear plants. They use low-enriched uranium that can be sourced entirely from western enrichment providers. The initiative has government backing from the US, Japan, and South Korea, supported by a trilateral agreement signed at the recent NATO summit.

Yahoo Finance
Sep 23rd, 2026
GE Vernova shares down 20% from high as AI power demand and nuclear SMR development drive long-term growth potential

GE Vernova shares have fallen 20.8% from their 52-week high of $1,195.94, closing at $946.22 on 21 September. Despite the pullback, the stock remains up 47% over the past year. The company reported strong second-quarter results, with orders of $24.2 billion, up 88% organically year-on-year. Revenue reached $11.1 billion, up 22%, whilst net income for the first six months totalled $5.3 billion, compared with $756 million in the prior-year period. GE Vernova is positioned to benefit from surging power demand driven by artificial intelligence data centres. The company also has a nuclear energy division developing small modular reactors through a joint venture with Hitachi, with commercial operation expected by the end of 2030. The company faces challenges including a forward price-to-earnings ratio of 38.1 and declining wind division sales.