US giant GE to spin-off Renewables and Power in 'defining moment' restructuring

Current Power CEO Scott Strazik to lead combined entity due for spin-off in early 2024

General Electric Renewable Energy is currently led by Jerome Pecresse.
General Electric Renewable Energy is currently led by Jerome Pecresse.Foto: SEBASTIEN SALOM-GOMIS/AFP via Getty Images/NTB scanpix
Published 9 November 2021, 12:20Updated 9 November 2021, 16:57