Summer 2026

Capital Markets Intern

Posted on 5/2/2026

GE Vernova

GE Vernova

1,001-5,000 employees

Global energy provider: power, wind, electrification

No salary listed

London, UK

In Person

Relocation assistance provided: No; must be willing to travel as needed.

Bachelor's

Category
Quantitative Finance (1)
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Financial Modeling
PowerPoint/Keynote/Slides

Get referred to GE Vernova

See people who can refer or advise you

Requirements
  • Anticipated graduation in Spring/Summer 2026/2027 from a bachelor’s program
  • Majors: Business Administration, Finance, Accounting, Engineering, Economics or related
  • GPA of 3.0 or higher
  • Undergraduate/rising senior
  • Experience working with, proficient with Excel, Word, and PowerPoint
  • MUST submit application for employment through GE Vernova internal career portal (internal candidates) or https://careers.gevernova.com(external candidates) to be considered for this position.
  • MUST be at least 18 years of age.
  • MUST be willing to comply with pre-employment screening, including but not limited to, drug testing and background check.
  • MUST be willing to travel as needed to meet the needs of the business.
  • MUST be willing to work out of the London UK office.
  • Legal authorization to work in the United Kingdom is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.
  • Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.
  • Fluency in English (written and oral)
  • GE Vernova will only employ those who are legally authorized to work in the United Kingdom for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Responsibilities
  • Analyze and/or develop financial models, projections and project finance cashflows.
  • Analyze customer operations and finances to determine creditworthiness
  • Conduct industry/company research and analysis
  • Assist in preparation of credit requests and other deal specific documentation
  • Maintain deal management information systems that are leveraged for the preparation of internal reports
  • Independently develop and execute projects aimed at improving business processes
  • Assist the team with running a competitive process to select most appropriate financial institution to support a specific transaction
  • Support the completion and submission of ECA applications.
  • Support all aspects of ongoing servicing activities and serve as primary point of contact for commercial financing transactions according to detailed requirements and operational procedures.
  • Assist in the underwriting of new transactions, as well as asset management and syndication
  • Handle projects to ensure administrative compliance with deal terms and establish, implement, and monitor reporting metrics.
  • Possess good understanding of procedures and concepts within own subject area.
  • Possess good understanding of how the team integrates with other teams in accomplishing the objectives
Desired Qualifications
  • Ability to work as a part of a diverse team
  • Strong analytical skills
  • Interest in Energy and Finance
  • Understanding of financial statements and basic accounting
  • High self-confidence
  • Excellent interpersonal skills
  • Analytical
  • Proactive, takes the initiative
  • Creative, thinks outside the box
  • Team player

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

Get referred to GE Vernova

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 orders reached $24.2 billion, up 88%, led by Power and Electrification.
  • Data center orders drove $2.4 billion in Q1 2026 Electrification bookings, beating all 2025.
  • GE Vernova raised 2026 revenue guidance to $45.5 billion-$46.5 billion and free cash flow.

What critics are saying

  • Vineyard Wind sued GE Vernova over a $360 million dispute; April 2026 injunction blocks exit.
  • Wind posted roughly $400 million EBITDA losses in Q2 2026, driven by offshore costs.
  • If offshore defects or court battles persist into 2027, wind becomes a drag on capital.

What makes GE Vernova unique

  • GE Vernova's 2026 gas backlog hit 116 GW, targeting 125 GW by year-end.
  • GridOS for Transmission, launched June 2026, helps data centers move power faster.
  • The 2024 spin-off separated a focused portfolio spanning Power, Wind, and Electrification.

Help us improve and share your feedback! Did you find this helpful?

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

Fortune
Sep 1st, 2026
GE Vernova hires Rivian CFO Claire McDonough, leaving EV maker without clear successor

GE Vernova has hired Claire McDonough as CFO, effective 1 January, leaving electric vehicle maker Rivian to find her successor. McDonough joined Rivian in January 2021 and helped take the company public through a $13.7 billion IPO that November. She also negotiated Rivian's technology joint venture with Volkswagen, which agreed to invest up to $5.8 billion. Rivian shares fell more than 6% following the announcement, whilst GE Vernova shares declined about 3%. Analysts cited Rivian's lack of a clear succession plan as a factor weighing on its shares. Derek Mulvey, Rivian's VP of finance, is expected to serve as interim CFO after McDonough's departure. McDonough will join GE Vernova in November, succeeding Kenneth Parks, who is retiring.

Yahoo Finance
Aug 31st, 2026
SpaceX builds turbine foundry to break AI power bottleneck, cut GE Vernova wait times by 18 months

Elon Musk's SpaceX is building a foundry in Bastrop, Texas, to manufacture blades and vanes for industrial gas turbines, according to The Information. Musk confirmed the move on X, saying in-house casting could accelerate natural gas turbines coming online by up to 18 months. The initiative targets the same supply chain bottleneck GE Vernova has flagged to investors. GE Vernova CEO Scott Strazik said the company pushed suppliers to add capacity in 2024, sometimes providing capital for new furnaces. GE is mostly sold out through 2030 and aims to increase annual turbine production from 20 gigawatts this year to 30 GW by decade's end. SpaceX has committed over $2.8 billion to gas turbines over three years to support its Colossus data centres near Memphis. The move addresses growing power demand from AI infrastructure expansion.

Yahoo Finance
Aug 29th, 2026
GE Vernova and LS Electric form JV to target South Korea's HVDC market

GE Vernova has formed a joint venture with LS Electric to strengthen its position in the high-voltage direct current sector. Announced at the CIGRE 2026 event in Paris, the partnership will focus on South Korea's voltage source converter-based HVDC projects, which are crucial for transmitting renewable energy from the southwestern region to greater Seoul. The venture combines GE Vernova's VSC-HVDC technology with LS Electric's local capabilities and market presence. The companies also plan to pursue HVDC opportunities in other global markets. The move aligns with GE Vernova's strategy to capitalise on growing power infrastructure demand. During Q2, the company's Power orders jumped 135% year-over-year, whilst Electrification revenue grew 68%. However, the joint venture faces execution risks and may take time to generate meaningful revenue.

Yahoo Finance
Aug 28th, 2026
Cramer backs GE Vernova despite Q2 earnings miss, shares $6.4B in customer deposits

Jim Cramer defended GE Vernova on CNBC, arguing the industrial power generation equipment maker isn't a good short despite broader negativity around the data centre sector. He cited the company's stable nuclear reactor delivery timelines and exposure to AI infrastructure buildout. GE Vernova reported strong Q2 results with $6.4 billion in working capital benefit from customer down payments, pushing free cash flow to $5.1 billion, up 2,532% annually. The company raised its full-year cash flow guidance to $11.5 billion-$12.5 billion from $6.5 billion-$7.5 billion. However, Q2 earnings per share of $2.47 and EBIT of $653 million both missed analyst estimates. Hedge fund interest declined, with 106 out of 1,006 funds holding stakes in Q2, down from 118 out of 1,022 in Q1.

Yahoo Finance
Aug 26th, 2026
Morgan Stanley: AI data centres face 38GW power shortfall by 2028 — 3 stocks benefiting from self-generation trend

Morgan Stanley equity strategist Michelle Weaver estimates a potential 38-gigawatt power shortfall for AI data centres through 2028. This gap — equivalent to powering several dozen major cities — is driving AI facility operators to develop their own power solutions. GE Vernova leads this opportunity through natural gas power turbines. The company secured $16.7 billion in orders last quarter, up 134% year over year, predominantly from this division. GE Vernova projects approximately $46 million in total 2026 revenue, compared with $38 billion last year. Global Market Insights forecasts the natural gas power turbine market will grow over 11% annually through 2035, reaching nearly $65 billion. Additionally, J.P. Morgan analysts expect $5.8 trillion in global grid upgrades by 2035, benefiting GE Vernova's nuclear power, energy storage, and grid technology divisions.

INACTIVE