01:34 PM EDT, 08/29/2024 (MT Newswires) -- GE Vernova ( GEV ) said Thursday that it was selected by French utility company Reseau de Transport d'Electricite, or RTE, to build a 245-kilovolt electric substation designed to eliminate emissions of greenhouse gases by up to 99%.

The company said the new substation will use its grid solutions business' g3 technology, replacing the sulfur hexafluoride typically used as an insulation at electric facilities.

Financial terms of the agreement were not disclosed.

Shares of GE Vernova ( GEV ) rose 5.7% in recent trading.

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