# Venture Global Signs Power Agreements with GE Vernova and Baker Hughes for Data Center Expansion

- URL: https://stocks.freetheai.org/news/venture-global-signs-power-agreements-with-ge-vernova-and-baker-hughes-for-data-f6bdaa
- Published: 2026-10-15T10:00:00Z
- Category: energy; sentiment: bullish; impact: medium
- Symbols: [NYSE:VG](https://stocks.freetheai.org/symbols/NYSE-VG), [NYSE:GEV](https://stocks.freetheai.org/symbols/NYSE-GEV)
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Venture Global, Inc. (NYSE:VG) has signed power and grid frame agreements with GE Vernova Inc. (NYSE:GEV) and Baker Hughes Energy Services to secure up to 16 new 720-megawatt power island units. The deals expand the liquefied natural gas exporter's off-grid power network and establish a pathway to supply up to 10 gigawatts of dedicated electricity capacity for future data centers and computing infrastructure.

The planned expansion builds on Venture Global's existing 4.5 gigawatts of gas-fired power generation, which operates independently from the public electrical grid. By generating power on site with closed-loop water systems, the company aims to support power-intensive artificial intelligence infrastructure without placing demand on public utilities or adding costs for local electricity consumers.

Venture Global plans to place its first equipment purchase order by the end of 2026 and expects to submit its initial regulatory permit applications this week. Buildout of the new power capacity will occur in stages through 2034, depending on customer commitments and commercial demand.

## Key points

- Venture Global agreed to terms with GE Vernova and Baker Hughes for up to 16 power island units of 720 megawatts each.
- The equipment frame could support up to 10 gigawatts of off-grid power capacity for data centers by 2034.
- The expansion relies on self-contained natural gas power generation that does not connect to the public electric grid.
- Venture Global expects to issue its first power island purchase order by the end of 2026 and begin permit filings this week.

## Questions and answers

### What agreements did Venture Global sign with GE Vernova and Baker Hughes?

Venture Global signed frame agreements for up to 16 new 720-megawatt power island units and related electrical transformer equipment to expand its off-grid power network.

### How will Venture Global power potential new data centers?

Power will be generated completely behind the meter using on-site gas-fired turbines and closed-loop water systems, avoiding any burden on the public electric grid or local utility customers.

### When does Venture Global plan to order equipment and start buildout?

The company expects to place its first power island purchase order by the end of 2026, begin permit filings this week, and potentially develop up to 10 gigawatts of compute capacity by late 2034.