VANCOUVER, Canada, February 15, 2011 -- GE Energy Financial Services, a unit of GE (NYSE: GE), has agreed on the indicative terms of an equity investment in a 77-megawatt wind farm that Finavera Wind Energy Inc. ("Finavera" or the "Company") (TSX-V: FVR) plans to build in British Columbia's Peace River Region.
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STAMFORD, CONN., PRINCETON, NJ, and HOUSTON, Jan. 27, 2011 -- Three major American energy corporations -- GE (NYSE: GE), NRG Energy, Inc. (NYSE: NRG) and ConocoPhillips (NYSE: COP) -- are joining forces to become the premier investor and commercial collaboration partner for emerging and innovative energy technology companies. The companies have committed $300 million in capital to the new joint venture, Energy Technology Ventures, to fund approximately 30 venture- and growth-stage companies over the next four years.
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MONROE, GA, January 24, 2011 -- ArcLight Capital Partners, LLC ("ArcLight"), GE Energy Financial Services, a unit of GE (NYSE: GE), and the Government of Singapore Investment Corporation Pte Ltd ("GIC") announced today they have agreed to become partners in five Georgia natural gas-fired power plants that together make up the largest fully independent power producer in the southeastern United States.
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TEHACHAPI, CA, Jan. 10, 2011 -- GE Energy Financial Services, a unit of GE (NYSE: GE), and Bankers Commercial Corporation, a unit of UnionBanCal Corporation, announced today that they have purchased the first wind farm to start operations in one of the largest wind energy projects in the United States.
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AUSTIN, TX -- Nov. 23, 2010 -- GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it has served as lead arranger of a $150 million senior secured credit facility to enable a private oil and gas exploration company to develop oil and gas wells in east Texas.
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Camarillo, Calif. -- November 17, 2010 -- GE Energy Financial Services, a unit of GE (NYSE: GE), has joined an $8 million funding round for CoolPlanetBioFuels, a start-up company developing a technology that converts low-grade biomass into high-grade fuel and carbon that can be sequestered. This venture capital investment was led by North Bridge Venture Partners, which had also led CoolPlanet's financing round last year. Additional financial details were not disclosed. CoolPlanet's research and development facilities are located in Camarillo, CA.