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Harnessing the Flow of Clean Energy with Hydroelectric Power

Plutonic Power Corporation in British Columbia and GE have submitted two bids for Canada's largest single private sector hydroelectric generation investment.

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[[GE Energy Financial Services]]

[[Mark Tonner - Managing Director for Canada at GE Energy Financial Services]]

[GE is delighted to make further investments in the province of British Columbia,]

[particularly with Plutonic Power, as we stand here today on the hydro project.]

[BC is a world leader.]

[As we look around the globe from General Electric's perspective,]

[hard-pressed to find another area globally that would generate 90% of its power]

[that comes from green or renewable sources. ]

[We here at GE are also very proud of our partner Plutonic, and the fact that they are]

[on a track to become a preeminent green energy company in this province.]

[For our part, GE, we're delighted that this project is helping us meet our goal.]

[We set a very aggressive goal and investing $4 billion in renewable power]

[by the year 2010.]

[The investment aligns us well with our corporate initiative of ecomagination.]

[Ecomagination--it's a corporate initiative that GE has undertaken.]

[It allows us to work with our partners, companies like Plutonic, ]

[in helping them realize their goals of dealing with environmentally sensitive projects.]

[At GE we like to say green is green.]

[We think green is a tremendous strategy to move forward with our shareholders.]

[It makes sense for us as a business to pursue projects like this,]

[but green also, it means more in this setting. ]

[I stand in this valley; I'm surrounded by tremendous beauty in the green,]

[and knowing that this project and investment that we're helping, and we're part of,]

[is going to allow this to continue.]

[I am absolutely delighted to be part of that.]

[We've got fantastic partners, and I couldn't be happier than to be here today.]

[Thank you for allowing us to be part of this, and thank you for the investment.]