Close the acquisition of the remaining 50% stake in Prolec GE from Xignux
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 22 Oct 2025
- Due
- 30 Jun 2026
- Delivered
- 2 Feb 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“will acquire the remaining fifty percent stake of Prolec GE, its joint venture with Xignux, for $5.275 billion. The transaction strengthens the company's position as a global grid equipment leader and is expected to close”
What we found
Evidence strength A What the grades mean
GE Vernova completed the acquisition of the remaining 50% Prolec GE stake on February 2, 2026, before the mid-2026 deadline, for about $5.3 billion in cash.
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A GE Vernova Inc. 10-K filed 2026-01-29
“The acquisition is expected to close in February 2026.” ✓ confirmed on the page
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A GE Vernova Inc. 8-K filed 2026-04-22
“Completed the acquisition of the remaining 50% stake of Prolec GE, its former unconsolidated joint venture with Xignux, in exchange for cash consideration of approximately $5.3 billion, on February 2, 2026.” ✓ confirmed on the page
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A GE Vernova Inc. 10-Q filed 2026-07-22
“On February 2, 2026, we completed the acquisition of the remaining 50% stake of Prolec GE, our former unconsolidated joint venture with Xignux, in exchange for cash consideration of approximately $5.3 billion.” ✓ confirmed on the page
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A GE Vernova Inc. 10-Q filed 2026-07-22
“On February 2, 2026, GE Vernova completed the acquisition of the remaining 50% stake of Prolec GE, our former unconsolidated joint venture with Xignux, in exchange for cash consideration of $5,254 million.” ✓ confirmed on the page
Market reaction: the shares moved +14.5% against the S&P 500 over the three sessions around the disclosure (21 Apr 2026 to 24 Apr 2026). What this measures
Checked 10 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift -148 days
- 2 versions
-
Version 1 · original · stated 22 Oct 2025
Deadline 30 Jun 2026 (“expected to close by mid-2026”) · wording expected
-
Version 2 · stated 28 Jan 2026
Deadline 2 Feb 2026 (“on February 2, 2026”) · wording expected
“will acquire the remaining fifty percent stake of Prolec GE, its joint venture with Xignux, for $5.275 billion, which is now expected to close on February 2, 2026.”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Remaining 50% stake in Prolec GE
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- Medium
- Conditional
- Yes: subject to regulatory approvals
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2025-GEV-006020 · Corrections policy