Investor Presentaiton
Gas Power delivering strong margin & FCF*
•
HDGT LTSA backlog provides
~$45B revenue source
Expect LSD growth in global gas-based
generation, driving services
~75%+ of LTSA contracts with 10+ years
remaining & 70%+ renewal rates
~7,000 units installed... largest global fleet
Years
remaining
HA services billings growing
to ~$1B/year by mid-20s
Customer's investing in latest baseload
technology to meet demand needs...
more HA units in services + more
outages more services revenue
=
•
EGE VERNOVA
Fulfilling rising
Aeroderivative demand
Proving more important in renewables,
energy security & data centers
Margin accretive on turbine sales, adds
to services / repairs revenue stream
Units COD
Outages
Shipments
Repairs (services)
>110
>140
~100
>120
■ 0-5
115
78
■ 5-10
69
75
~30
■ 10-15
17
15
>10
■15+
2022
2023E
>60
48
>50
19
2024F
2021
2022
2023E
2024F
2021
HDGT LTSA backlog by remaining
contract length
HA Units COD & outages
Aeroderivative delivery trajectory
Reliable FCF* from a growing services franchise that contributes 70% of Gas Power revenue
* Non-GAAP Financial Measure
2023 GE INVESTOR CONFERENCE 85View entire presentation