08:40 AM EST, 03/06/2024 (MT Newswires) -- General Electric ( GE ) said Wednesday its renewable energy business, GE Vernova, is expected to spin off from the company on April 2.

The soon-to-be independent company reaffirmed its full year 2024 outlook for revenue of $34 billion to $35 billion, with an adjusted EBITDA margin being at the higher end of the mid-single digit range.

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