GE Vernova (GEV) Lands 372 MW Côte D’Ivoire Power Plant Order

GE Vernova (NYSE:GEV) has secured an order to supply a gas turbine and generator for a 372-MW power plant in Côte d'Ivoire. The equipment will support a combined-cycle facility that is expected to contribute to Côte d'Ivoire's grid capacity in West Africa. This agreement marks GE Vernova's direct entry into a major Côte d'Ivoire power project as it seeks more Gas Power opportunities in new markets. The gas turbine and generator order for the 372-MW Côte d'Ivoire plant is only part of the story for GE Vernova today. Our analysis turns up 1 warning sign for GE Vernova as well.