Cleaner Energy through New Combination of Jet Engine and Gas Turbine Technology
* New Plant Offers Greater than 61 Percent Efficiency and Unprecedented Operating Flexibility
* Technology Enables Further Deployment of Renewables Like Wind and Solar
* New Power Plant Represents First Product in GE's New FlexEfficiency* Portfolio
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Sydney, Australia: GE Capital Australia and New Zealand has today signed an agreement to sell approximately $5 billion dollars in mortgages to Pepper Homeloans, in a sale that marks the final phase of its withdrawal from its home lending business in Australia and New Zealand.
"This transaction aligns with GE Capital's strategy to become Australia and New Zealand's leading specialist financial services provider," said Skander Malcolm, President and CEO, GE Capital Australia & New Zealand.
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BETHESDA, Md.--(BUSINESS WIRE)--GE Capital, Healthcare Financial Services, as agent, announced today that it closed a $6.25 million tranche of a $25 million senior secured multi-draw term loan to Radius Health, Inc. ("Radius"). The financing provides Radius with working capital to support a Phase 3 human clinical trial of an osteoporosis drug.
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Multi-Specialty Care Network Extends Deployment of Centricity EMR
BARRINGTON, Ill. and DALLAS -- May 19, 2011 -- With more than 500 doctors serving North Texas, the Baylor Health Care System recently affirmed its plans to extend the reach of its Centricity* EMR solution, supplied by GE Healthcare, across its entire HealthTexas Provider Network.