GE Vernova Enhances Gas Turbine Combustion Offerings with Woodward Acquisition

GE Vernova recently acquired Woodward’s heavy-duty gas turbine combustion parts business located in Greenville, SC. Per the definitive agreement, GE Vernova will obtain all assets at Woodward’s Greenville site, which is focused on supplying parts and services for the company’s gas turbine manufacturing operations and supports its investments in United States manufacturing, jobs, and domestic supply chain. The transaction is expected to close in early 2025.

“We are excited to acquire and integrate this capability for our domestic supply chain as we continue to see increasing demand for our heavy-duty gas turbines and upgrades globally,” said Eric Gray, President & CEO, GE Vernova’s Gas Power business. “Welcoming these experts to our Greenville, SC team will further enable us to address this growing demand from our customers and meet the electrification needs of our country while serving as an indicator of our commitment to the industry and the community.”

Currently, GE Vernova’s presence in Greenville includes manufacturing and testing gas turbines, delivering international engineering support, and additional work. The acquisition’s financial terms are not disclosed and it is subject to specific closing conditions, but GE Vernova is collaborating with the Woodward team to transition Greenville-based employees.

7HA.03 gas turbine; image credit: GE Vernova

“We are pleased to sign this agreement with GE Vernova,” said Chip Blankenship, Chairman and CEO of Woodward. “This targeted transaction is good for our customer and members and will allow us to focus resources on products that will drive the most value as part of Woodward. I am grateful for our Greenville members’ longtime dedication to Woodward and to serving the customer. They will have opportunities to continue their great work as GE Vernova takes on ownership of the operations.”

GE Vernova Turbine Installment

In early November, Tongyeong Eco Power’s combined-cycle power plant began commercial operation in Gyeongsangnam-do, South Korea. GE Vernova outfitted the plant with its HA equipment and signed a 17-year maintenance service contract for turbines and generators and delivered:

• Two 7HA.02 gas turbines
• One STF-D600 steam turbine
• Two heat recovery steam generators
• Three H65 generators

The Tongyeong power plant, located in Anjeong Industrial Park, is a 1-GW LNG-fueled site with one 200,000 m³ LNG storage tank. It provides the equivalent electricity required to power approximately one million South Korean households.

GE Vernova’s HA gas turbines can burn multiple fuels including blends of hydrogen and natural gas, offering many pathways to minimize CO₂ emissions. For example, the turbines can save more than 3.3 metric tons of CO₂ emissions per year, per unit compared to an average coal-fired plant of the same size—equivalent to eliminating approximately 680,000 cars from the road.

Greenville Location

Earlier in 2024, Turbomachinery International toured GE Vernova's Gas Turbine Manufacturing and Technology Center in Greenville, SC, containing over 1.7 million square feet of manufacturing space and laboratories. The grounds contain a gas turbine technology center, a repair center, combustion manufacturing, an outage simulator, a variety of test stands, and the gas turbine technology, combustion, and static load labs. Employees led the tour, showcasing the company's lean methodology to eliminate waste across these operating segments.