GE Vernova Inc. (GEV), an electric power company, said on Monday that it has bagged a contract from Lincoln Electric System to supply two LM6000VELOX aeroderivative gas turbine packages for the Terry Bundy Generating Station at Lincoln in Nebraska to meet the growing power demand.
Scheduled to be operational in 2029, the expanded generating station is expected to deliver up to around 100 MW at ISO conditions once the new turbines are online.
The LM6000VELOX aeroderivative gas turbine provides a quick startup time in 10 minutes to full power and operational flexibility with a high cyclic life to stabilize the grid and reduce the risk of power supply shortages.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.