Venture Global, Inc. announced on October 9, 2026, that its subsidiary, Venture Global LNG, Inc., entered into two definitive agreements with General Electric (GE) units to support the expansion of its power infrastructure. The agreements cover the supply of equipment for up to 16 new power islands and related electrical components.
Under the first agreement, Venture Global LNG entered into a frame agreement with GE Vernova Operations LLC and Baker Hughes Energy Services LLC. This deal provides for the supply of power generation equipment for up to 16 power islands, with delivery scheduled through 2034 at the latest. The company expects to place the first purchase order for a power island by the end of 2026. Additionally, a reservation agreement has been executed for eight of the power islands, with purchase orders anticipated to begin in early 2027.
A second agreement was signed with GE Grid Solutions, LLC. This frame agreement covers the supply of power transformers and gas insulated switchgear for up to 21 power island projects, also with delivery dates extending through 2034. Five definitive reservation agreements have been executed for the first five sets of equipment packages, with purchase orders expected to commence in late 2026.
The filings indicate that if the company proceeds with all purchase orders under both agreements, the aggregate amount payable would be approximately $17.2 billion, subject to adjustment. The agreements provide for the reservation of manufacturing capacity, which expires in staggered periods between October 2027 and December 2026 if not finalized. The company noted that outside of reservation fees, there are no binding obligations to purchase the equipment until specific purchase orders are executed.
The company stated that the incremental power equipment can be utilized for its LNG export projects, bolt-on expansions, or to support LNG-adjacent data center development projects. Venture Global currently operates a private industrial power grid with approximately 4.5 gigawatts of modular, gas-fired generation. The company anticipates that with the new capacity, it could develop up to 10 gigawatts of compute capacity by the end of 2034, provided customer commitments and market demand allow.
