GE Vernova joins Greentown Labs as a Terawatt Partner

Greentown Labs, a climatetech incubator in North America, has announced GE Vernova as the newest Terawatt Partner - the highest level of engagement with the incubator.

GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses. Its mission is to continue electrifying the world while simultaneously working to help decarbonize it. The company is accelerating the path to more reliable, affordable, and sustainable energy, while helping its customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.

Earlier this month, GE Vernova, the installed base of which helps generate approximately 30 percent of the world's electricity - opened its global headquarters in Cambridge, MA, on the same street where Greentown was founded in 2011 and just two miles from the incubator's present location. With its new headquarters and partnership with Greentown, GE Vernova has situated itself in the heart of climatetech innovation and endeavors to be the partner of choice for climate-focused startups, including Greentown's more than 200 members.

Scott Strazik, CEO, GE Vernova: "I am thrilled to join as a new partner with Greentown Labs and look to support the climatetech ecosystem in many different ways. Whether it's innovating new technologies, the industrialization of products, or leveraging our relationships globally, we are eager to collaborate with this unique and important group of entrepreneurs, innovators, and leaders."

Through its partnership with Greentown, GE Vernova will forge connections with the incubator's community of climatetech startups, gain access to curated and customized events, and participate on Greentown's Industry Leadership Council, which provides strategic guidance to the incubator. Limor Spector, GE Vernova's President, Ventures & Incubation, will serve on the Industry Leadership Council.

Kevin Knobloch, CEO and President, Greentown Labs: "GE Vernova embodies what we're looking for in a partner: energy transition expertise with a deep commitment and passion for innovation, collaboration, and decarbonization. Equally important, the team at GE Vernova has a real sense of urgency to accelerate global decarbonization and is eager to engage with our community of climatetech startups - I can't wait to see all that we'll accomplish together."

www.greentownlabs.com
www.gevernova.com