StocksMedium•15 October 2026•
1 min read
Baker Hughes and Venture Global Expand Power Partnership for Data Centers
Key Facts
1Baker Hughes announced a new Power Frame Agreement with Venture Global and GE Vernova to support behind-the-meter power generation in the U.S.
2The framework aims to support Venture Global's LNG production and potential future LNG-adjacent data center development projects.
Baker Hughes announced a new Power Frame Agreement with Venture Global and GE Vernova to support behind-the-meter power generation in the United States. GlobeNewswire reported that the framework is designed to support Venture Global's LNG production and potential future LNG-adjacent data center development projects by providing reliable power infrastructure.
The agreement establishes a framework for supplying gas and steam turbines for up to 16 new power island units, with the first purchase order expected by the end of 2026. Baker Hughes (BKR) closed at $55.37 on October 14, 2026, while GE Vernova (GEV) closed at $941.78 on the same date, as the partnership targets the high-growth intersection of energy technology and the AI economy.