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DP - Clarke Energy Has Been Named Preferred Bidder for Symbion Power's Lake Kivu Power Projects, Featuring Approximately 25 of GE's Jenbacher Gas Engines

August 28, 2018
  • Clarke Energy to Provide Approximately 25 of GE’s Jenbacher Gas Engines for Symbion Power’s Kivu 56 and KP1 Power Plants in Rwanda
  • Two Power Projects at Lake Kivu Will Increase Capacity by 81 Megawatts and Significantly Reduce the Current Cost of Generation in Rwanda
  • Clarke Energy Will Create New Jobs in Rwanda to Service GE’s Jenbacher Gas Engines

JENBACH, AUSTRIA-August 28, 2018-Symbion Power has named Clarke Energy as the preferred bidder for two important power plants in Rwanda, which will gene

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General Electric Company Recommends Shareholders Reject "Mini-Tender" Offer by Ponos Industries LLC

August 24, 2018

BOSTON - 24 August 2018: GE (NYSE: GE) today announced that it received notice of an unsolicited "mini-tender" offer by Ponos Industries LLC (Ponos Industries) to purchase up to 32,142,857 shares of GE common stock, which represents approximately 0.37% of the shares outstanding, at a price of $13.90 per share in cash.

GE does not endorse Ponos Industries’ unsolicited mini-tender offer and recommends that GE shareholders do not tender their shares in the offer.

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Swedish Government and GE Healthcare Open an Innovation Center for Life Sciences

August 21, 2018

Swedish biotech BioLamina relies on Testa Center to expand 

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GE Healthcare's 400th cyclotron installed at Korea Institute of Radiological & Medical Sciences (KIRAMS)

July 25, 2018
  • GE Healthcare’s field-proven technology and experience in cyclotron to support production of radiopharmacy and cancer diagnosis and treatment at KIRAMS
  • GE Healthcare to share its experience and know-how in cyclotron operation through symposium to mark its 400th cyclotron installation

 

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GE Releases 2Q '18 Earnings

July 20, 2018

Please click here to read the full press release, in English.

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Digitizing the future of mining: Ma'aden and GE partner to deploy digital solutions for mining industry

July 19, 2018
  • GE and the Saudi Arabian Mining Company (Ma’aden) announce a strategic Memorandum of Understanding, aimed at bringing digital transformation to the Saudi mining industry
  • Because Ma’aden’s business model emphasizes integration across the full value chain, the company is well suited to take advantage of increased efficiencies through digital solutions in order to maintain its world leading cost position

 

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GECAS, Boeing Announce Agreement for 35x 737-800 Boeing Converted Freighters

July 17, 2018

Farnborough UK, 17 July 2018 - GECAS and Boeing [NYSE:BA] announced today that they have reached an agreement for 35 additional 737-800 Boeing Converted Freighters at the 2018 Farnborough International Airshow.

The deal, which includes 20 firm orders and an option for 15 more, would take GECAS’ 737-800BCF order book from 15 to 50 and enable GECAS to serve the growing express air cargo market.

 

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GE Power Releases Whitepaper on Digitization of Energy Transmission & Distribution in Africa

July 17, 2018
  • White paper highlights future of smart energy in Sub-Saharan countries, its challenges and opportunities
  • Discusses role of smart technology to transform grids and the way energy is generated, distributed, traded, managed and stored
  • Underscores necessary steps to grid modernization
  • Recommends holistic solutions to leapfrog ahead Africa’s energy sector and showcases regional examples

 

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GECAS Orderbook to Supply Hongtu Airlines with Four A320neo's

July 16, 2018

Farnborough UK, 16 July 2018 - GECAS welcomed Hongtu Airlines’ to the GE Pavilion in Farnborough to commemorate the agreement to lease four A320neo’s from GECAS’ skyline orderbook when they enter service beginning in the first quarter of 2019.

Hongtu A320neo

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GECAS Arranges Sale-Leaseback Plus PDP Financing for two Boeing 737 MAX 8s to Okay Airways

July 16, 2018

Beijing, China - July 16, 2018 - Following the delivery last week of Okay Airways’ first leased Boeing 737 MAX 8, GECAS signed another contract with Okay Airways for the purchase-and-leaseback with pre-delivery payment financing of two Boeing 737 MAX 8s. The aircraft, fitted with CFM LEAP-1B engines, are scheduled for delivery in July and September 2019.

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