STAMFORD, Conn. & ANKARA, Turkey & TYNAGH, County Galway, Ireland--(BUSINESS WIRE)--May 18, 2006--GE Energy Financial Services announced today that it has agreed to acquire a 40 percent interest in Ireland's newest and most efficient natural gas-fired power plant, subject to customary closing conditions.
LOUISVILLE, Ky.--(BUSINESS WIRE)--May 18, 2006--Wanted: an intelligent, quiet, conservative companion with style who does dishes. This perfectly describes the new, first-of-its-kind, GE Profile dishwasher with SmartDispense technology. This new, award-winning dishwasher is designed for precise performance, quiet operation, time-saving convenience, simplicity and conservation, without losing style or sophistication.
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NORWALK, Conn.--(BUSINESS WIRE)--May 18, 2006--GE Antares Capital today announced that it is the lead arranger of a $143 million senior debt facility for the recapitalization of Augusta Sportswear Group in connection with the acquisition of Holloway Sportswear. Augusta Sportswear Group is an existing portfolio company of Linsalata Capital Partners.
Augusta and Holloway are leading manufacturers and distributors of athletic apparel, outerwear and sportswear in the sporting goods, team dealer, decorator and college bookstore markets.
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AVON, Conn.--(BUSINESS WIRE)--May 18, 2006--GE Insurance Solutions is sharing practical expertise that will help risk managers make important decisions about their fire protection and building construction. The Global Asset Protection team released two papers that offer risk managers and building owners key lessons to ensure their fire prevention, detection, and suppression systems are best in class.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--May 17, 2006--Today GE released its 2005 ecomagination report, showing that revenues from the sale of energy efficient and environmentally advanced products and services hit $10.1 billion in 2005, up from $6.2 billion in 2004 - with orders nearly doubling to $17 billion.
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 17, 2006--Showing versatility in its ability to provide multiple arrangements, GE Capital Solutions, Franchise Finance acted as the sole lead arranger of $17.1 million with Diamondback Management, Inc., one of the largest franchisees of Tumbleweed Southwest Grill. The deal includes both a sale-leaseback for seven properties and a business value loan.
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Report highlights strong year-one growth, aggressive emissions targets, improved energy use and dramatic cost savings.
Fairfield, Conn., May 17, 2006 - Today GE released its 2005 ecomagination report, showing that revenues from the sale of energy efficient and environmentally advanced products and services hit $10.1 billion in 2005, up from $6.2 billion in 2004 - with orders nearly doubling to $17 billion.
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WAUKESHA, Wis. & ST. PAUL, Minn.--(BUSINESS WIRE)--May 16, 2006--GE Healthcare (NYSE:GE) and St. Jude Medical, Inc. (NYSE:STJ) today announced a significant development and collaboration agreement that is intended to bring an integrated imaging and monitoring capability to cardiac catheterization labs around the world. Under terms of the agreement, GE and St.
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CHICAGO--(BUSINESS WIRE)--May 16, 2006--GE Healthcare Financial Services has provided a $175 million senior secured facility for Sunwest Management, Inc., a Salem, Ore., based senior housing owner/operator that manages more than 180 properties nationwide.
Through the transaction, GE arranged a seven-year term loan for Sunwest to refinance 26 assisted living properties. The deal structure enabled Sunwest to reduce its cost of capital and greatly improve the cash flow of the portfolio operated by the borrower.