SYDNEY, Australia--(BUSINESS WIRE)--Sept. 19, 2006--A new coal mine methane (CMM) power plant, developed and owned by renewable energy developer Envirogen Pty Ltd., featuring 12 of GE Energy's (NYSE: GE) Jenbacher generator sets, has begun operating at one of Australia's largest coal mines, the Oaky Creek Colliery in central Queensland.
The plant is providing power to the regional grid while helping to offset the mine's methane gas emissions.
ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 19, 2006--GE Money's Retail Sales Finance unit and Granby Steel Tanks, a division of Granby Industries Income Fund, the leader in residential oil containment reservoirs, today announced a new multi-year relationship to provide consumers with revolving credit under GE's Climate Select financing program. The program is now available to a North American network of Granby Steel Tanks dealers.
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Sept. 19, 2006--GE Fanuc Embedded Systems:
-- Serial ATA (SATA I) Hard Disk Drive up to 100 Gbytes
-- On-Board Multiplexer for Common Options Region Ports Two or Three
-- Intelligent Platform Management Interface (IPMI) and Hot Swap Capability
-- Standard or Continuous Operating Mode
-- PICMG AMC.0, AMC.3 and mTCA.0 Compliant
-- RoHS Compliant
CHICAGO--(BUSINESS WIRE)--Sept. 18, 2006--GE Antares today announced it is serving as the administrative agent for $39 million of senior secured credit facilities to support the acquisition of Duni Corp, Inc. and Duni Supply, Inc. (collectively "Duni" or "the Company"), along with the management team by Norwest Equity Partners ("NEP"), a private equity firm focused on investments in growing and profitable middle market companies. Headquartered in Atlanta, Georgia, the Duni companies were the U.S. subsidiaries of Sweden-based Duni AB.
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CHICAGO--(BUSINESS WIRE)--Sept. 18, 2006--GE Antares today announced it is serving as the administrative agent for $39 million of senior secured credit facilities to support the acquisition of Duni Corp, Inc. and Duni Supply, Inc. (collectively "Duni" or "the Company"), along with the management team by Norwest Equity Partners ("NEP"), a private equity firm focused on investments in growing and profitable middle market companies. Headquartered in Atlanta, Georgia, the Duni companies were the U.S. subsidiaries of Sweden-based Duni AB.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 14, 2006--GE (NYSE: GE) today announced that it has signed a definitive agreement to sell GE Advanced Materials (Silicones & Quartz) to Apollo Management, L.P., a private investment firm in a deal valued at approximately $3.8 billion in cash and securities. Upon completion of the transaction, GE will receive a 10% ownership stake in the new company and hold $400 million of notes. The closing of the transaction is subject to customary conditions, including the receipt of regulatory approvals, and is expected to occur before the end of 2006.
SOUTH POINT, Hawaii & STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 13, 2006--GE Energy Financial Services announced today that it is financing the construction and operation by Tawhiri Power LLC of the southern-most wind farm in the United States. Powered by strong prevailing trade winds, the 21-megawatt Pakini Nui Wind Project is at South Point, one of the world's windiest habitable locations, on the island of Hawaii (the "Big Island").
ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 12, 2006--
AquaVantage Card Available at 230 Water Master Dealers
GE Money's Retail Sales Finance unit today announced a multi-year agreement with Water Master, Inc., an international leader in residential, commercial and industrial water treatment and filtration systems, to provide consumer financing program for its 230 dealers nationwide.
