GE Vernova's Gas Turbines Fuel Data Center Project In Pennsylvania: Details
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
GE Vernova's Gas Turbine Supply: GE Vernova Inc. plans to supply seven high-efficiency 7HA.02 gas turbines for a new natural gas-powered data center campus in Pennsylvania, which will repurpose the former Homer City Generating Station and is expected to begin construction this year.
Economic Impact and Emission Reduction: The project aims to create over 10,000 construction jobs and 1,000 permanent positions, while cutting emissions by 60–65% per megawatt-hour, supporting the growing demand for AI and high-performance computing.
Analyst Views on CSD
Wall Street analysts forecast CSD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CSD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
