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Press Release

GE Capital is Administrative Agent on a $150 Million Credit Facility to Support Combination of Golf Town and Golfsmith

August 30, 2012

NORWALK, Conn.--30 August 2012-- GE Capital today announced it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith. The combined business operates under the name Golfsmith International and creates the world's largest golf specialty retailer.


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GE Oil & Gas Launches CHA Hydraulic Actuator Series at ONS 2012

August 29, 2012

  • Offers New Features for Increased Drilling Safety
  • Operates at Supply Pressures up to 6,000 psi

STAVANGER, NORWAY---August 29, 2012---Expanding its portfolio of hydraulic actuators for the surface drilling sector, GE Oil & Gas is launching the CHA Hydraulic Actuator Series at the Offshore Northern Seas (ONS) 2012 Conference and Exhibition being held August 28-31 in Stavanger.


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GE Aviation Awarded Contract for Communications and Surveillance Sensors for U.S. Marine Corps

August 29, 2012

GRAND RAPIDS, Mich.--()--GE Aviation announced today that they were awarded a contract worth nearly $9 million in support of surveillance systems such as the U.S. Marine Corps Ground-Based Operation Surveillance System (G-BOSS) program. The contract includes the inertial reference unit, lab testing assets, integration, repairs and engineering support for the program. The work will take place at GE's facility in Grand Rapids, Michigan, with deliveries starting this year and ending in the third quarter 2017.


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GE Aeroderivative Gas Turbines Powering Russian Plant

August 29, 2012

Project Represents First Major Launch of Thermal Generation in Sakhalin in 30 Years


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GE to Supply Integrated Power Generation, Propulsion, Dynamic Positioning and Automation Systems to Offshore Brazil Projects

August 29, 2012
Press Release

На базе газовых турбин GE запущен 5-ый энергоблок Южно-Сахалинской ТЭЦ-1

August 29, 2012

МОСКВА -- 29 августа 2012 г. - На базе газовых турбин GE запущен 5-ый энергоблок Южно-Сахалинской ТЭЦ-1. Это первый крупнейший ввод в тепловой генерации на Сахалине за 30 лет.

Авиационные газовые турбины GE LM6000 PF Sprint, используемые при модернизации Южно-Сахалинской ТЭЦ-1, позволят избежать нехватки энергии и удовлетворить энергетические потребности Южно-Сахалинска, города, который является административным центром Сахалинской области.


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Countdown partners with GE Capital to launch Visa credit card

August 28, 2012

Countdown today announced that it has signed an alliance agreement with GE Capital to launch a credit card to New Zealand consumers.

Countdown Managing Director, Dave Chambers, said the credit card market was a logical entry point for the supermarket retailer into the financial services sector.

Mr Chambers said more than 80 million payment card transactions were processed through Countdown stores each year.


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GE Demonstrates Energy Market Expertise with $107 Million Refinancing of Two Midwest Peaker Power Plants

August 28, 2012

CRETE, Ill., August 28, 2012 -- Demonstrating its energy market expertise, GE unit (NYSE: GE) GE Energy Financial Services has served as lead arranger of an approximately $107 million senior secured credit facility for two Illinois gas-fired peaker plants, managed by Tenaska Capital Management, LLC (TCM), an affiliate of Tenaska, one of the largest U.S. independent power producers. The transaction will allow TCM to refinance debt facilities for the plants, which use 12 GE 7EA gas turbines and are located in Crete and Manhattan.


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Master-Planned Community Masters Energy-Saving Street Lighting with GE Evolve LED Fixtures

August 28, 2012
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GE Capital provides £10 million to Hospedia

August 28, 2012

Additional funding will drive investment in the latest clinical bed-side technology

London, 17 August 2012 - GE Capital's Healthcare Finance division has agreed to expand its equipment leasing facility to Slough-based Hospedia Ltd, the world's leading provider of point of care systems in healthcare, including media, information, clinical support software and infrastructure services.


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