US-Venezuela deal: GE Vernova to add 1GW, stabilize grid in 6-12 months

The White House announced an agreement with GE Vernova to stabilize Venezuela's electrical system within 6-12 months, adding 1 GW of new capacity in 24 months and 5 GW more over four years. This marks a notable US-Venezuela energy cooperation amid ongoing political tensions, potentially easing chronic blackouts. Details on financing, sanctions waivers, and implementation remain unclear.