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Venture Global inks deals with GE Vernova, Baker Hughes for power expansion

Venture Global inks deals with GE Vernova, Baker Hughes for power expansion

FILE PHOTO: The logo of the U.S.-based Venture Global is displayed at their booth during Gastech Bangkok 2026, in Bangkok, Thailand, September 14, 2026. REUTERS/Chalinee Thirasupa/File Photo

15 Oct 2026 07:23PM (Updated: 16 Oct 2026 12:12AM)

Oct 15 : Venture Global said on Thursday it had signed deals with GE Vernova and Baker Hughes to support up to 16 new power generation units, advancing plans to develop off-grid power capacity that could support AI data centers and its LNG operations.

The rapid growth of data centers has fueled interest in behind-the-meter power projects as developers seek to secure dedicated electricity supplies without adding strain to already constrained public power grids.

Here are more details:

• The agreements cover up to 16 power-island units of 720 megawatts each, alongside associated transformer equipment

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• Venture said the units could support up to 10 gigawatts of compute capacity by the end of 2034, subject to customer commitments and market demand

• The company expects to place its first order for a power island by the end of 2026

• The gas-fired, combined-cycle units would operate behind-the-meter, without drawing on public power grids or water utilities, the company said

• Any third-party data center development would be separate from and complementary to its LNG operations and would not affect existing LNG sales commitments, Venture said

• The company plans to file its first permit applications this week. Additional equipment orders will depend on future commercial and operational requirements

• This new capacity would expand on the company's 4.5 GW of gas-fired generation that powers its facilities in island mode, allowing the plants to operate independently of the grid

Source: Reuters
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