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Siemens AG is a global electronics and electrical engineering company, operating in the industry, energy, and healthcare sectors. Founded in 1847 and headquartered in Munich, Germany, Siemens focuses on areas of electrification, automation, and digitalization. One of the world's largest producers of energy-efficient and resource-saving technologies, the company is a leading supplier of systems for power generation and transmission as well as medical diagnosis.

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.