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ABB Ltd is a multinational corporation headquartered in Zurich, Switzerland, operating primarily in the industrial technology sector. The company provides a range of products and services across segments such as electrification, robotics and discrete automation, industrial automation, and motion. Its solutions are widely utilized in various industries, including utilities, transport, and infrastructure, focusing on enhancing efficiency and reducing environmental impact. ABB Ltd develops and supplies technologies such as motors, generators, drives, programmable logic controllers, and software applications. Its strategic positioning is strengthened by its global presence and ability to integrate digital solutions into industrial processes, leveraging a broad geographic footprint across Europe, the Americas, Asia, and the Middle East.

GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, including onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to the point of consumption.