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Press Release

Funds Managed by Apollo Global Management to Acquire Approximately $1 Billion Portfolio of Equity Investments from GE Capital's Energy Financial Services

October 07, 2018

NEW YORK, New York - October 8, 2018: Funds managed by affiliates (the “Apollo Funds”) of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO) and GE Capital (NYSE: GE) today announced they have entered into a definitive agreement for the Apollo Funds to acquire an approximately $1 billion portfolio, including assumed obligations, of predominantly equity investments in energy assets (the “Equity Portfolio”) from GE Capital’s Energy Financial Services unit.  The Equity Portfolio comprises approximately 20 investments in renew


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Press Release

GE Global Research Awarded $12.6 Million from the US Department of Energy to Develop Quantum-level Cybersecurity Protections for Critical Power Assets

October 04, 2018
Funding to support three projects to safeguard wind power installations and natural gas systems and build up cyber protection technologies      to quantum-level capabilities
Will build upon GE’s ongoing work to build the world’s first industrial immune system - Digital Ghost -- to protect power plant assets from         cyber threats

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Press Release

FAA Approves AiRXOS as Low Altitude Authorization and Notification Capability (L.A.A.N.C.) Partner, includes Further Coordination

October 03, 2018
AiRXOS selected as a UAS Service Supplier (U.S.S.) for the LAANC program, furthering advanced operations at or near airports  
 

Boston, MA.  - (October 3, 2018) Today, AiRXOS has been approved by the FAA as a Low Altitude Authorization and Notification Capability (LAANC) supplier with Further Coordination.


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Press Release

GE Introduces the Next Generation of the Waukesha 275GL+ Gas Engine with ESM2 to Meet High Horsepower Gas Compression Needs

October 02, 2018
  • Improved Fuel Flexibility-with Full Power and No Derate Until 1,550 BTU
  • Lower Emissions-Now with NOx as low as 0.3 g/hp-hr (140 mg/Nm3)
  • Improved Reliability and Ease of Use-via Latest ESM2 Engine Controls for Waukesha Gas Engines
  • Faster Deliveries-with Lead Times Currently Less than 20 Weeks

 


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Press Release

Working Smarter, Not Harder: GE's Distributed Power Expands Waukesha* VHP* Series Five Family of Rich-Burn Gas Engines

October 02, 2018
  • The Waukesha VHP Series Five Family of Rich-Burn Gas Engines Adds the P9394GSI S5 at 2,500 Horsepower (HP) to the Existing L7042GSI S5 at 1,500 HP and L7044GSI S5 at 1,900 HP
  • Major Technology Improvements Include Improved Cylinder Head, Piston/Ring Design, Miller Cycle Combustion and Waukesha’s Latest ESM*2 Engine Controls
  • Gas Compression Customers Benefit from Increased Power, Improved Fuel Efficiency, Lower Operating Costs, Improved Fuel Flexibility/Ambient Capability and Improved Reliability, All Enabled by Upgraded Controls and Improved Thermal
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Two HA Gas Turbine Plants Selected by POWER Magazine as "Top Gas Projects" for 2018

October 01, 2018
  • Chubu Electric's Nishi Nagoya power plant and Tennessee Valley Authority (TVA)'s Allen Combined Cycle power plant featured in October issue


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Top of the Class: GE Healthcare Expands Collaboration with SonoSim to Offer Ultrasound Training to Primary Care & Point of Care Users

October 01, 2018

San Diego, California - October 1 2018 - GE Healthcare has announced today an equity investment in SonoSim, a global leader in ultrasound education and training. The expanded partnership will offer enhanced education services to new and existing ultrasound users around the world and across medical disciplines from women’s health and cardiology to point of care and primary care. 


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H. Lawrence Culp, Jr. Named Chairman And Ceo Of Ge

October 01, 2018

GE Power business outlook declines, leading to shortfall relative to 2018 guidance; Company to take non-cash impairment charge related to GE Power

Thomas W. Horton appointed as Lead Director


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Read Chuck Nugent and Scott Strazik's thoughts on our high-efficiency gas turbines

September 28, 2018

Read this post on LinkedIn here


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GE Foundation Supports Expansion Of Safe Surgery 2020 Into Southeast Asia, Completing $25 Million Commitment To Global Safe Surgery

September 28, 2018

Safe Surgery 2020 will expand access to safe, quality, and affordable surgical care across Southeast Asia 


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