FAIRFIELD, Conn. - September 16, 2015 - GE [NYSE:GE] has completed the previously announced sale of its European Sponsor Finance business, representing aggregate ending net investment (ENI) of approximately US$2.1 billion, to Sumitomo Mitsui Banking Corporation Europe (SMBCE). GE has also closed the sale of a US$3.7 billion portfolio of loans from its UK home lending business to Kensington Mortgage Company Limited, a company controlled by Blackstone Tactical Opportunities and TPG Special Situation Partners.
- Clarke Energy to Supply Skanska with Trigeneration System to Drive Hospital’s New Combined Cooling, Heating and Power Energy Center in London
- First Fully Financed PFI Variation of Its Kind, Delivered by Skanska
- Facility Features GE’s 1.4-Megawatt Jenbacher Gas Engine as a Core Component
- Project to Improve Hospital’s Overall Power Generation Resilience, Helping Reduce Fuel Costs and Carbon Emissio
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- Upgrades to Sutton Bridge Power Station to Increase Flexibility in Responding to Regional Power Demands
- The Technology is Expected to Boost the Plant’s Performance Including a 3.4 Percent Increase in Megawatt Output and a 1 Percent Efficiency Improvement While Reducing Its Startup Times
- First 9FA Advanced Gas Path Upgrade in the UK
LINCOLNSHIRE, U.K.-August 11, 2015-Calon Energy has selected GE (NYSE: GE) to upgrade its Sutton Bridge Power Station in Lincolnshire with a broad range of hardware
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- GE Marine has been awarded the contract to supply electrical power and propulsion to the Type 26 Global Combat Ships for the UK Ministry of Defence (MOD)
- These vessels will benefit from a robust, low-noise and efficient solution built on GE’s proven naval design
- GE Marine will utilise its Marine Power Test Facility to provide enhanced testing to help de- risk the programme, through lifetime training and support
London - 5 August
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GE announced second-quarter 2015 operating earnings of $2.8 billion, with Industrial + Verticals operating earnings per share of $0.31, up 19% from the second quarter of 2014.
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