GE Vernova is buying high-voltage equipment maker Trench Group from Triton Partners for $9 billion and raised its 2026 revenue forecast for the third straight time on Wednesday. The company now expects revenue of $46.5 billion to $47.5 billion this year, up from the $45.5-$46.5 billion in its July guidance. Trench makes high-voltage grid equipment, and utilities are spending more on grids to replace aging infrastructure and meet demand from data centers and industrial electrification. The deal adds Trench’s Charlotte plant, where production…

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.