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U.S. says deal with GE Vernova targets Venezuela grid stabilization in 6-12 months

U.S. Energy Secretary Chris Wright said a Venezuela-U.S. energy equipment and services deal with GE Vernova aims to stabilize Venezuela’s power grid in six months to a year, with improvements in later years.

GEV

By Timothy GardnerU.S.

Energy Secretary Chris Wright said a deal between Venezuela and U.S. energy equipment and services company GE Vernova aims to help stabilize Venezuela's beleaguered power grid in six months to a year and boost it in coming years."The plan is immediately... in six to 12 month…