EPISODE · May 14, 2025 · 26 MIN
GE Vernova tries to shake its parent’s problems
from Behind the Money
Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomeration. The FT’s former US energy reporter Amanda Chu examines whether this is working for a power business that GE spun off last year – or if it’s just another Wall Street fad. Clips from BBC, Bloomberg, DW - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Rustbelt gamble: GE Vernova rides AI power boom into uncertain futureIs the US power grid ready to meet the demands of data centres?Have America’s industrial giants forgotten what they are for?- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Amanda Chu on X (@amandalanchu). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomeration. The FT’s former US energy reporter Amanda Chu examines whether this is working for a power business that GE spun off last year – or if it’s just another Wall Street fad. Clips from BBC, Bloomberg, DW - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Rustbelt gamble: GE Vernova rides AI power boom into uncertain futureIs the US power grid ready to meet the demands of data centres?Have America’s industrial giants forgotten what they are for?- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Amanda Chu on X (@amandalanchu). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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GE Vernova tries to shake its parent’s problems
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