CAMPO INDIAN RESERVATION, Calif. & STAMFORD, Conn.--(BUSINESS WIRE)--Dec. 28, 2005--Electricity from the largest wind power farm on Indian land has begun flowing into California's power-hungry grid thanks to a partnership between project sponsor, global investment and advisory firm Babcock & Brown (ASX:BNB) and GE Energy Financial Services. Energy Financial Services invested $51 million in the 50-megawatt Kumeyaay Wind project near San Diego.
STAMFORD, Conn.--(BUSINESS WIRE)--Dec. 28, 2005--GE Energy Financial Services announced today that it has completed the financing and syndication, with its affiliate, GE Capital Markets, Inc., of a $72.8 million senior debt facility for a portfolio of eight power and transmission projects owned by ArcLight Capital Partners. This is the second major financing led by GE Energy Financial Services and GE Capital Markets for ArcLight.
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Multi-Million Dollar Contract Covers 22 Gas Turbines
Dubai, December 28, 2005: GE Energy and RasGas Company Limited has recently signed a multi-million dollar agreement calling for GE to supply a full range of services over a 25-year period for 22 gas turbines operating at the RasGas LNG production complex in Ras Laffan Industrial City, Qatar.
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Seminar and exhibition provide forum for experts to showcase water and energy issues
Dubai, UAE, December 24, 2005: GE Infrastructure, a global leader in energy and water processing technologies, is a co-sponsor for the two day Water & Energy and Environment Exhibition (WETEX) 2006. Taking place from 14-16 January at the Dubai World Trade Centre, the leading regional forum for water and energy will create an excellent environment for industry experts to highlight regional water and energy issues.
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December 22, 2005 -- EVENDALE, OH - 2005 has been a record-breaking year of sales for GE's newest large commercial engines, the GE90 and GEnx, with more than 750 engines ordered.
The GE90 engine family has sold more than 240 engines in 2005, including a record 225 of the higher thrust GE90-115B engines. Boeing selected the GE90-115B engines as the exclusive power for the fast-selling 777-300ER, 777-200LR and the 777 freighter. The value of the GE90 engines sold this year exceeds $4.5 billion.
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STAMFORD, Conn. & LOS ANGELES & CHICAGO--(BUSINESS WIRE)--Dec. 22, 2005--Arden Realty, Inc. (NYSE:ARI) ("Arden" or the "Company") and GE Real Estate, a unit of GE Commercial Finance, announced today that they have executed a definitive agreement pursuant to which GE Real Estate will acquire the Company. In connection with the acquisition, Trizec Properties, Inc. (NYSE:TRZ) will acquire a Southern California portfolio comprised of 13 Arden properties, totaling 4.1 million square feet, concentrated in West Los Angeles and San Diego for approximately $1.6 billion.
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December 22, 2005 -- EVENDALE, OH - 2005 has been a record-breaking year of sales for GE's newest large commercial engines, the GE90 and GEnx, with more than 750 engines ordered.
The GE90 engine family has sold more than 240 engines in 2005, including a record 225 of the higher thrust GE90-115B engines. Boeing selected the GE90-115B engines as the exclusive power for the fast-selling 777-300ER, 777-200LR and the 777 freighter. The value of the GE90 engines sold this year exceeds $4.5 billion.
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SAN FRANCISCO--(BUSINESS WIRE)--Dec. 21, 2005--
Checkpoint of the Future Laboratory Explores Innovative New Aviation Security Technologies
GE Security (NYSE: GE), with support from San Francisco International Airport (SFO), today unveiled a first-of-its-kind laboratory it expects will help identify, develop and make available technology solutions that will help to make air travel safer, security potentially less costly and negotiating passenger checkpoints more convenient.
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One of Biggest Power Generation Projects in Country's History
Dubai, UAE, December 21, 2005: Marking one of the largest power generation agreements in the country's history, Nigeria's Federal Ministry of Power and Steel has selected GE Energy to supply 18 gas turbines, additional equipment and services for five power plants in the Niger Delta area that will add more than 2,000 megawatts to the country's electricity grid.
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One of Biggest Power Generation Projects in Country's History
Dubai, UAE, December 21, 2005: Marking one of the largest power generation agreements in the country's history, Nigeria's Federal Ministry of Power and Steel has selected GE Energy to supply 18 gas turbines, additional equipment and services for five power plants in the Niger Delta area that will add more than 2,000 megawatts to the country's electricity grid.