GE Vernova has acquired the remaining 55% stake in the General Electric Saudi Advanced Turbines (GESAT) joint venture from Dussur, making it the sole owner of the venture. This acquisition allows GE Vernova to enhance its control over GESAT, which has produced over 200 gas turbine modules for power generation across ten countries since its establishment in 2017. Dussur's CEO, Raed Alrayes, stated that the sale was motivated by the successful achievement of their investment objectives, including the training of local talents and technology transfer in gas turbine manufacturing. Additionally, institutional investors like Aptus Capital Advisors have recently shown interest in GE Vernova, acquiring shares valued at approximately $423,000 in the second quarter. Analysts have generally given positive ratings for GE Vernova's stock, with multiple upgrades to 'outperform' and 'strong-buy' statuses. The deal's financial terms were not disclosed, but it is part of Saudi Arabia's broader efforts to diversify its economy and develop local industries.