NEW YORK & STAMFORD, Conn.--(BUSINESS WIRE)--May 31, 2006--Credit Suisse and GE (NYSE: GE) announced today that they intend to form a US$1 billion joint venture to invest in global infrastructure assets. The joint venture, which Credit Suisse plans to form with GE Infrastructure, intends to invest in energy and transportation infrastructure assets worldwide. Each party plans to commit US$500 million to the joint venture.
STAMFORD, Conn. & ANKARA, Turkey & TYNAGH, County Galway, Ireland--(BUSINESS WIRE)--May 18, 2006--GE Energy Financial Services announced today that it has agreed to acquire a 40 percent interest in Ireland's newest and most efficient natural gas-fired power plant, subject to customary closing conditions.
business unit
tags
STAMFORD, Conn. & BERKELEY, Calif. & LISBON, Portugal--(BUSINESS WIRE)--April 27, 2006--GE Energy Financial Services, PowerLight Corporation and Catavento Lda announced today that they will build the world's largest solar photovoltaic power project. The 11-megawatt solar power plant, comprising 52,000 photovoltaic modules, will be built at a single site in Serpa, Portugal, 200 kilometers (124 miles) southeast of Lisbon in one of Europe's sunniest areas.
business unit
tags
STAMFORD, Conn.--(BUSINESS WIRE)--April 20, 2006--To accelerate the growth of its global renewable energy holdings from a nearly $1 billion base, GE Energy Financial Services announced today that it has significantly expanded its team of experienced finance and technical professionals serving this market.
business unit
tags
STAMFORD, Conn.--(BUSINESS WIRE)--April 19, 2006--Pursuing growth in oilfield services and in Canada, GE Energy Financial Services announced today the closing of an expanded syndicated loan facility it structured for Trinidad Drilling Ltd., a leading Canada-based drilling rig company.
The facility for Calgary-based Trinidad, a wholly-owned subsidiary of Trinidad Energy Services Income Trust, was syndicated by GE Capital Markets, Inc. The syndicate group includes major Canadian, U.S. and international financial institutions.