GE Vernova Signs Pact to Help Fix Venezuela’s Dilapidated Grid

GE Vernova has agreed to repair large portions of Venezuela’s power grid under a set of deals promoted by the Trump administration aimed at increasing the country’s energy output. The announcement is directionally positive for near-term infrastructure and electricity reliability in Venezuela, though the article provides no deal size or timing details. Overall, it’s more geopolitically driven than immediately market-moving for broader equity or rates.