GE Vernova Wins German Wind Turbine Order With 20-Year Service Deal, Shares Rise

GE Vernova announced an agreement with German utility Stadtwerke Heidenheim AG to supply three of its 5.5 MW-158m onshore wind turbines for the Schlotberg-Jüchsen wind farm in Germany, representing 16.5 megawatts of generating capacity. The order, booked in the fourth quarter of 2026, also includes a 20-year service agreement. Financial terms were not disclosed.

The turbines will be manufactured at GE Vernova's Salzbergen factory, one of 13 locations the company operates across Germany. Deliveries are scheduled to begin in August 2027, with commissioning planned for December 2027. Stadtwerke Heidenheim noted that earlier delays and strict regulatory deadlines made reliable delivery and execution critical to protecting the project's viability.

This is the sixth wind project between the two companies. When completed, GE Vernova's total installed capacity supplied to Stadtwerke Heidenheim in Germany will reach 74 megawatts. GE Vernova's onshore wind strategy centers on standardized turbine models that can be manufactured and deployed at scale, supported by a large existing operating fleet.

Shares of GE Vernova rose Monday on the news, outperforming the broader market. The stock had shed roughly a fifth of its value in the prior month following an election-related headline, even as the company posted record orders, with analysts at 24/7 Wall Street arguing the selloff reflected a misreading of the company's actual customer base and order book strength.