ALİAĞA, İzmir, Turkey -- July 24, 2012 - GE (NYSE: GE) unit GE Energy Financial Services is pursuing its global growth, reinforcing the company's ecomagination initiative and increasing renewable energy in Turkey by completing the country's newest wind farm -- the Karadağ Wind Power Plant -- through GAMA Enerji A. Ş., the GE unit's joint venture with GAMA Holding A.Ş. This project is the joint venture's second wind farm in Turkey.
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Aberdeen, Scotland, May 9, 2012 -- ZiLift, an Aberdeen, Scotland-based provider of artificial lift solutions for the oil and gas industry, announced today that it has received a growth capital investment of £4 million (US$7 milion) from new and lead investor Energy Technology Ventures -- a GE-NRG Energy-ConocoPhillips venture -- and existing investors Energy Ventures, Chevron Technology Ventures, Viking Venture, Jebsen Asset Management and Investinor.
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LINDEN, NJ -- April 9, 2012 -- GE (NYSE: GE) unit GE Energy Financial Services announced today that it will auction 225 megawatts of bi-directional electricity transfer capacity from its Linden variable frequency transformer (VFT) smart grid project at the intersection of the New York City and PJM power grids.
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HUNTER, Okla., April 2, 2012 -- GE (NYSE: GE) unit GE Energy Financial Services has partnered with Enel Green Power North America, Inc. by committing common equity for a 51 percent ownership stake in one of Oklahoma's largest wind projects. The Chisholm View wind project is now under construction near Hunter, 85 miles north of Oklahoma City in Grant and Garfield counties, and is expected to cost approximately $375 million. Enel Green Power North America owns the remaining 49 percent of the 235-megawatt wind farm and serves as project manager.
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SAN ANTONIO, Texas - March 15, 2012 -- Fueling the build out of unconventional oil, gas and gas liquids infrastructure to support North American shale, GE (NYSE: GE) unit GE Energy Financial Services has invested in Howard Energy Partners, owner and operator of 280 miles of natural gas pipelines in the Eagle Ford Shale of South Texas. Howard Energy will double its size by using the investment to partially fund the acquisition of Meritage Midstream Services' natural gas gathering assets in South Texas.
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LOS ANGELES, March 8, 2012 -- Oblong Industries, the company that created the computing environments depicted in the film Minority Report, has announced that it is partnering with two new funders for its Series B capital raise: Morgan Stanley Alternative Investment Partners, and Energy Technology Ventures --- a GE-NRG Energy-ConocoPhillips venture. The Foundry Group, already an Oblong investor, led the new funding round.