PARIS and STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services, the energy investing unit of GE (NYSE:GE), and Theolia announced today the completion of a previously announced transaction that will significantly increase Theolia's wind generation portfolio in Europe, bring it additional capital to fund growth, and form an alliance to access additional wind project development opportunities and structured capital expertise between the two companies.
ESSEX & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services, a unit of GE (NYSE: GE), will help boost wind energy capacity in New York State by more than 70 percent with an investment in three Noble Environmental Power windparks that will generate 282 megawatts in Clinton and Wyoming Counties. The GE unit's first investment in wind energy in New York State will increase the state's wind energy capacity to 671 megawatts.
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GE Energy Financial Services, a unit of General Electric (NYSE: GE), announced today that it would double its renewable energy investments by 2010, and has become one of the first financial institutions to disclose the greenhouse gas emissions from its power plant equity investments.
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GE Energy Financial Services agreed to purchase the 517-megawatt Shady Hills power plant, located approximately 30 miles north of Tampa, Florida from LS Power Equity Partners, a member of LS Power Group, the private power sector investor, developer and manager, the companies announced today.
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GE Energy Financial Services announced today it has partnered with two experienced operators to acquire $154 million in oil and gas reserves in Oklahoma and Texas.
STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services announced today it has partnered with two experienced operators to acquire $154 million in oil and gas reserves in Oklahoma and Texas.
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SIROHI, India & STAMFORD, Conn.-- As part of its global growth drive, GE Energy Financial Services, a unit of General Electric (NYSE: GE), announced today that it is financing the construction of a power plant for an Indian cement company and will set up its first office in the country to pursue additional energy and water investments.
The moves are part of GE's initiative to generate more of its earnings from outside the United States by tapping into fast-growing economies.
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PARIS--(BUSINESS WIRE)--Theolia announced today an agreement with GE Energy Financial Services, the energy investing unit of GE (NYSE:GE), which will significantly increase Theolia's wind generation portfolio in Europe, bring additional capital to fund growth, and include an alliance anticipated to bring access to additional wind project development opportunities and structured capital expertise.