NEW DELHI, INDIA, Oct. 10, 2011 -- Expanding GE's footprint in India and connection with one of the country's fastest growing clean energy developers, GE Energy Financial Services and Indian-based Greenko Group plc (AIM: GKO.L) have agreed to invest in a new venture to develop wind energy projects across India. The GE unit will invest US$50 million -- its first renewable energy investment in India -- to support the development of 500 megawatts of wind projects out of Greenko's planned development of one gigawatt of wind projects in India.
BRECKENRIDGE, Mich. -- (October 5, 2011) -- Invenergy Wind LLC ("Invenergy") announced today it has arranged equity financing for its Gratiot County Wind Project ("Gratiot County Wind") in Michigan from GE Energy Financial Services, a unit of GE (NYSE: GE). GE Energy Financial Services will invest an undisclosed amount in the 110.4 megawatt project under construction near Breckenridge, Michigan.
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LONDON Sept. 15, 2011 -- Launching a North Sea oil and gas development lending program, GE Energy Financial Services, a unit of GE (NYSE: GE), joined an existing group of financial institutions in a loan facility for Sterling Resources Ltd. (TSX-V:SLG). Of the GBP 105 million senior secured loan, GE Energy Financial Services has committed GBP 26.1 million.
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LONDON Sept. 15, 2011 -- Launching a North Sea oil and gas development lending program, GE Energy Financial Services, a unit of GE (NYSE: GE), joined an existing group of financial institutions in a loan facility for Sterling Resources Ltd. (TSX-V:SLG). Of the GBP 105 million senior secured loan, GE Energy Financial Services has committed GBP 26.1 million.
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SAN FRANCISCO and OSSINING, New York, Sept. 7, 2011 -- Providing both capital and collaboration, GE led a $22 million investment round in San Francisco-based Project Frog and began construction of one of its prefabricated environmentally sustainable buildings at GE's renowned Learning Center in Ossining, NY.
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Funded by Verve Energy, GE Energy Financial Services and WA Government, 10-megawatt project will use First Solar PV modules
Geraldton, Western Australia, Aug. 31, 2011 --- First Solar, Inc. (Nasdaq: FSLR), Verve Energy and GE (NYSE: GE) unit GE Energy Financial Services announced today that Australia's first utility-scale solar power project is under way. Output from the 10-megawatt AC project on 80 hectares of cleared land 50km southeast of Geraldton will contribute to offsetting the energy requirements of the Southern Seawater Desalination Plant.
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Funded by Verve Energy, GE Energy Financial Services and WA Government, 10-megawatt project will use First Solar PV modules
Geraldton, Western Australia, Aug. 31, 2011 --- First Solar, Inc. (Nasdaq: FSLR), Verve Energy and GE (NYSE: GE) unit GE Energy Financial Services announced today that Australia's first utility-scale solar power project is under way. Output from the 10-megawatt AC project on 80 hectares of cleared land 50km southeast of Geraldton will contribute to offsetting the energy requirements of the Southern Seawater Desalination Plant.
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Canton, MI (August 30, 2011) -- Danotek, a company that develops and manufactures permanent magnet generators (PMG's) and related converter systems that deliver wind energy to the power grid, today announced that it has secured $15 million in funding. Led by four of the world's leading renewable energy venture capital firms, Khosla Ventures, CMEA Capital, GE Energy Financial Services, and Statoil Technology Invest, along with independent contributors, the Series B financing round will help bring to market new technology that will make wind turbines more efficient, reliable, and affordable.
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AUSTIN, TX -- July 19, 2011 -- Nuventix, creator of an LED cooling technology for energy-efficient lighting, announced today that GE (NYSE: GE) has provided capital alongside other investors and recently entered into a license agreement to access Nuventix's extensive patent portfolio.