2026-10-19
- On October 15, 2026, Venture Global announced frame agreements with GE Vernova and Baker Hughes Energy Services covering up to 16 new combined-cycle power islands of 720 MW each.
- If all units are built, the total would be about 11.5 GW (16 units x 720 MW, calculated from the stated figures), and the company says the pathway could support up to 10 GW of compute capacity by the end of 2034.
- The existing network consists of six power islands ordered, under construction or operating, totaling about 4.5 GW of gas-fired generation that runs behind the meter and off the grid.
- The first power island order is expected by the end of 2026, further orders are anticipated from 2027, and Baker Hughes equipment deliveries are scheduled for 2028 through 2034.
Venture Global, Inc. (NYSE: VG), a U.S. liquefied natural gas (LNG) exporter, announced on October 15, 2026 that it has signed power and grid frame agreements with GE Vernova and Baker Hughes Energy Services. According to the company, the agreements cover up to 16 new power island units of 720 megawatts (MW) each, together with associated power transformer equipment. If all units are built, the combined capacity would reach about 11.5 gigawatts (GW), a figure obtained by multiplying the stated unit size by the number of units (16 x 720 MW = 11,520 MW).
The company stated that the equipment would expand its grid-independent power network and create a pathway to up to 10 GW of compute capacity by the end of 2034, subject to customer commitments and market demand. It is reported that the agreements are frame arrangements that set the basis for future individual orders rather than binding firm purchase orders, which is the central nature of this announcement.
The parties to the agreements are Venture Global, GE Vernova and Baker Hughes Energy Services. According to the company release, each power island consists of combined-cycle gas turbines and related equipment, configured in the same way as Venture Global’s existing infrastructure. A combined-cycle plant uses exhaust heat from the gas turbines to raise steam for an additional steam turbine. The release does not identify a specific GE Vernova turbine model.
In a separate announcement, Baker Hughes said the framework covers gas turbines, steam turbines and associated equipment and services for up to 16 new power island units. Baker Hughes will also provide controls and electrical integration technology, including the E-house and electrical control systems. An E-house is a prefabricated modular building that houses electrical and control equipment. Baker Hughes said the framework supports behind-the-meter power generation in the United States for Venture Global’s LNG production and liquefaction, with potential future LNG-adjacent data center projects. The framework builds on the LNG power island architecture that Baker Hughes has previously deployed for Venture Global facilities.
On siting, the company referred only to sites “owned or controlled by the Company” and did not disclose specific locations. Its first three LNG projects, Calcasieu Pass, Plaquemines LNG and CP2 LNG, are located along the Louisiana Gulf Coast. The company said it plans to file its first permit applications during the week of the announcement and will work with federal, state and local regulators.
The company listed island-mode power, gas supply, closed-loop water systems, thousands of acres of land and data centers as supporting infrastructure for its network. It also stated that the expansion places no added demand on public power grids or water utilities and adds no cost for local consumers. Any third-party data center development would be separate from, and complementary to, its LNG operations, and existing LNG sales commitments would not be affected, according to the company.
Numbers
The principal figures disclosed are as follows. First, the agreements cover up to 16 power islands at 720 MW each, for a calculated total of about 11.5 GW. Second, the company said the program provides a pathway to up to 10 GW of compute capacity by the end of 2034, contingent on customer commitments and market demand. Third, the existing network comprises about 4.5 GW of modular gas-fired generation, with six power islands ordered, under construction or operating across the company’s LNG facilities. The network runs behind the meter and independent of the grid, and the company described it as one of the world’s largest private industrial grids.
On timing, the first power island purchase order is expected by the end of 2026, and additional orders are anticipated beginning in 2027. Baker Hughes equipment deliveries are scheduled from 2028 through 2034. The company noted that it may sign reservation agreements to secure manufacturing capacity, which may include pricing and delivery terms. The quantity of transformer equipment has not been disclosed.
The total investment, the price of individual power islands, the installation sites and the specific GE Vernova turbine models have not been disclosed. The economic scale of the agreements can therefore be understood only in terms of capacity at this stage. The contract value will need to be confirmed when firm orders are placed.
Timeline
- 2026-10-15 — Venture Global announces frame agreements with GE Vernova and Baker Hughes for up to 16 power islands; first permit applications planned for the announcement week
- 2026-10-16 — LNG Prime reports that Venture Global received approval to place the first phase of Plaquemines LNG in service
- By end of 2026 — First power island order expected
- From 2027 — Additional power island orders anticipated
- 2028-2034 — Baker Hughes equipment deliveries planned
- By end of 2034 — Pathway to up to 10 GW of compute capacity (subject to customer commitments and market demand)
Note
A frame agreement sets the basic terms for future individual orders without fixing specific quantities or prices. A power island refers to a configuration that bundles gas turbines, steam turbines, heat recovery equipment and electrical equipment into a single generation unit supplied to a site.