(HAYWARD, Calif.) -- June 27, 2011 -- Calpine Corporation (NYSE:CPN) and GE (NYSE: GE) unit GE Energy Financial Services announced today that they have obtained an $844.5 million credit facility to finance construction of the 619-megawatt, combined-cycle Russell City Energy Center in Hayward, California. The power plant, now under construction, was the nation's first to receive a federal air permit that includes a voluntary limit on greenhouse gas emissions.
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NEW YORK and EZINE, Turkey -- June 21, 2011 -- Turkey's newest wind farm -- the first owned by a joint venture of GAMA Holding A.S. and GE (NYSE:GE) unit GE Energy Financial Services -- is now selling clean electricity and helping the country meet its renewable energy generation targets, the companies announced today at an American Council on Renewable Energy conference in New York.
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STAMFORD, Conn., June 13, 2011 -- Bolstering its lending portfolio of natural gas-fired power plants, GE (NYSE: GE) unit GE Energy Financial Services announced today it is providing $73 million for three merchant generating facilities owned by an affiliate of LS Power in Illinois and Connecticut.
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San Francisco, CA -- April 28, 2011 - Scientific Conservation Inc., (SCI) a leading building energy management company for the $5 billion commercial building market, announced today it has received funding from GE (NYSE: GE) unit GE Energy Financial Services and Triangle Peak Partners L.P. In addition to GE's investment as part of its "GE ecomagination Challenge," GE Capital Real Estate is set to deploy Scientific Conservation's energy analytics platform in several buildings in the United States, Canada, and the UK.
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ARLINGTON, Ore., April 18, 2011 -- Expanding their renewable energy portfolios, three global companies -- Google and subsidiaries of ITOCHU Corporation and Sumitomo Corporation (TYO-8053) -- have joined GE (NYSE: GE) unit GE Energy Financial Services and developer and managing member Caithness Energy as owners of the world's largest wind farm, the 845-megawatt Shepherds Flat wind project under construction near Arlington, Oregon.
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WEST LEBANON, NH -- New Hampshire-based company SustainX has received $14.4 million from GE Energy Financial Services, a unit of GE (NYSE: GE), and other investors to continue developing its technology for energy storage using compressed air. Through the GE Ecomagination Challenge's "Powering the Grid" program, in which SustainX is a partner, GE Energy Financial Services joins Cadent Energy Partners and prior investors Polaris Ventures and Rockport Capital in the new round of venture financing.
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NEW YORK and MADRID, March 4, 2011---The financing of México's largest cogeneration power plant---owned by GE Energy Financial Services, a unit of GE (NYSE:GE), and Abengoa (MCE: ABG.MC)---has been named Overall Latin American and Latin American Power Deal of the Year by Project Finance magazine.
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VANCOUVER, BC -- March 2, 2011 --- Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), have achieved commercial operations at their second major renewable energy project, British Columbia's largest wind farm, a major milestone in their growth collaboration. The Dokie Wind project is now fully operational, providing clean energy to BC Hydro under a 25-year Electricity Purchase Agreement (EPA).