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This article first appeared on GuruFocus. GE Vernova (NYSE:GEV) shares rose about 2% in early Monday trading after the company signed a deal to supply three onshore wind turbines for a project in Germany. Each turbine has a capacity of 5.5 megawatts, or about 16.5 megawatts in total. A megawatt is a unit of power equal to one million watts. Warning! GuruFocus has detected 6 Warning Signs with GEV. Is GEV fairly valued? Test your thesis with our free DCF calculator. The onshore turbines, installed on land rather than at sea, are for the Schlotberg-Juchsen wind farm being developed by Stadtwerke Heidenheim. The order also includes a 20-year service agreement.
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