CHICAGO--(BUSINESS WIRE)--Aug. 15, 2006--GE Antares Capital today announced it is the administrative agent for $95 million in senior secured credit facilities to support the recapitalization of Breeze Industrial Products Corporation ("Breeze"), a portfolio company of Wind Point Partners. GE Capital Markets served as sole lead arranger and bookrunner for this transaction.
CHICAGO--(BUSINESS WIRE)--Aug. 15, 2006--GE Antares Capital today announced it is the administrative agent for $95 million in senior secured credit facilities to support the recapitalization of Breeze Industrial Products Corporation ("Breeze"), a portfolio company of Wind Point Partners. GE Capital Markets served as sole lead arranger and bookrunner for this transaction.
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HOUSTON & STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 14, 2006--Kinder Morgan, Inc. (NYSE: KMI) today announced it will sell its natural gas retail distribution and related operations serving 260,000 customers in Colorado, Nebraska, Wyoming and Hermosillo, Mexico, to GE Energy Financial Services for $710 million plus working capital. The transaction is subject to certain closing conditions and regulatory approvals, including approvals from state utility commissions. The transaction is expected to close by the end of the first quarter of 2007.
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MIDLAND, Texas--(BUSINESS WIRE)--Aug. 14, 2006--Clayton Williams Energy, Inc. (NASDAQ-NMS:CWEI) and GE Energy Financial Services announced today that an affiliated partnership, West Coast Energy Properties, L.P., has acquired certain producing oil and gas assets in California and Texas for $58 million.
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FLORENCE, ITALY - August 10, 2006 :- GE Oil & Gas will supply Total E&P Indonesie with two gas turbine-driven turbocompressor trains for the Tunu Field Development Project, Phase 11 South, in the Mahakam Delta of East Kalimantan, Indonesia.
The Tunu 11 project is designed to boost the delivery of natural gas from the Tunu field to the PT Badak LNG plant in East Kalimantan, one of the world's largest LNG facilities.
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Thomas C. Gentile Named SVP Global Marketing for GE Money
STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 7, 2006--GE Money, the global consumer lending unit of General Electric Company, announced today the appointment of Thomas C. Gentile to Sr. Vice President, Global Marketing. Mr. Gentile will report directly to David R. Nissen, president and CEO of GE Money.
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Aug. 8, 2006--GE Fanuc Embedded Systems:
-- 1 GHz Freescale MPC7447A or 1.4 MPC7448 PowerPC processor
-- Conduction-cooling and ruggedized options
-- Flexible I/O expansion
-- PICMG 2.16-compliant
-- Intelligent Platform Management Interface (IPMI) and hot swap capability
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 8, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed a $30 million senior credit facility for Long Lines, LLC, a leading rural communications company providing voice, data, video and wireless services to communities in Iowa, South Dakota and Nebraska. The financing will enable Long Lines to refinance existing debt and to fund the expansion of its GSM wireless network. GE Capital Markets served as sole lead arranger for the transaction, which closed July 31.