April 25 (Reuters) - General Electric's ( GE ) energy spin-off

company, GE Vernova ( GEV ), reported wider-than-expected

first-quarter loss on Thursday, as weakness in its wind segment

offset demand for natural-gas related equipment and services.

GE Vernova ( GEV ), which became an independent company this month

following a three-way split of General Electric ( GE ), provides

services and equipment to the energy sector, operating through

three main businesses - power, wind, and electrification.

The company's wind segment saw a 40% decline in orders on

lower demand for onshore equipment as North American customers

continue with the permitting processes for projects, the company

said.

It had recently announced its decision to pivot away from

the 18-MW turbine model, which led to New York State stalling

three major offshore wind-energy projects.

In contrast, the power segment saw higher orders for gas

turbines and more demand for gas power services due to outages,

leading to a 6% jump in sales.

With approximately 54,000 wind turbines and 7,000 gas

turbines, GE Vernova's ( GEV ) technology base helps generate

approximately 30% of the world's electricity.

The company maintained it was an "encouraging start to the

year", and that it expects "cash generation to improve

meaningfully every quarter this year".

The company said it saw solid results with significant

margin expansion across all its business segments.

Total revenue was $7.3 billion in the quarter.

GE Vernova ( GEV ) reiterated its full-year revenue forecast of $34

billion to $35 billion.