* Mittelsbüren Power Station Faces Grid Supply Challenges as More Wind Enters the Energy Mix
* GE's 109FB Combined-Cycle Technology, Services Selected for Project
BREMEN, GERMANY---March 31, 2011---An association of four German utilities has selected GE's (NYSE: GE) advanced 109FB combined-cycle technology to help meet the flexible operating and efficiency requirements of the new Mittelsbüren power plant located near Bremen, Germany.
NORWALK, Conn.--31 March 2011-- GE Capital, Corporate Finance today announced it is co-collateral agent on a $1.35 billion asset-based revolving credit facility for Ryerson Inc., a leading metals distributor and processor. The loan will be used to refinance an existing credit facility. GE Capital Markets served as co-syndication agent. GE also provides the company with equipment financing.
GE Capital is rolling out WattWise, a new mobile application, to U.S. franchise customers
Scottsdale, AZ -- GE Capital is rolling out WattWise, a new mobile application, to its franchise restaurant operator customers in the U.S. WattWise analyzes the energy consumed by the lighting currently installed in a restaurant, then estimates the savings operators can achieve if they switch to more energy-efficient alternatives.
SEATTLE, March 30, 2011 -- Boeing [NYSE: BA] and GE Capital Aviation Services (GECAS) finalized an order for 10 777-300ER (extended range) airplanes. The order is worth approximately $2.8 billion at list prices. The new 777-300ERs will help GECAS meet growing airline demand for long-haul passenger airplanes.
"This order adds to our existing portfolio of 777 aircraft," said Norman C. T. Liu, GECAS president and CEO. "A key part of our strategy is to expand our long-haul product offerings to satisfy customer demand."
* Adds Significant Product and Services Capabilities in Power Electronics, Industrial Automation and Process Controls, Capitalizing on Electrification Demands of Customers;
* Expands GE's Offering in Rapid Growth Sectors that Demand High Energy Efficiency, such as Oil and Gas, Thermal Power Generation and Renewables;
