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Scott Strazik GE Vernova · CEO
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Strazik cautions that the wind order growth comes off a very small base and wants to see how the U.S. market evolves before deciding on investment in the business.

We expect to continue to perform very well in the North America onshore wind market, but it's a very small market right now. And although our orders grew year-over-year, that's off of a very small base. I'd like to see where the U.S. market goes over the next year and continue to evaluate how we invest in this business for value and/or continue to evaluate how we create value in this business.

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Other recent statements by Scott Strazik

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Strazik expects more than 55,000 U.S. transmission substations to be completely rebuilt or upgraded to higher voltages within the next decade, a big grid-equipment opportunity.

completely rebuilt or upgraded to higher voltages in the next decade.
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Strazik said GE Vernova is still in the early stages of an electricity investment super cycle.

still in the early stages of this electricity investment super cycle.
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GE Vernova's CEO said the company has selected contractors and finished planning for Venezuela's grid repairs but will not begin work until it is paid upfront.

This is not an environment in which we are going to act without receiving payment upfront,
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Strazik says Trench's high-voltage products, execution and customer ties are key to building the resilient grid needed for the electricity supercycle.

Trench's differentiated high-voltage , strong execution and deep customer relationships are key enablers of the modernised, resilient grid required to keep pace with the electricity supercycle,
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Strazik highlights Trench's margin-accretive profile and roughly $5 billion backlog and framework agreements extending into the next decade.

a margin-accretive financial profile and approximately $5 billion in backlog and framework agreements, some of which reach into the next decade