LONDON & RIO DE JANEIRO--08 March 2011-- GE (NYSE: GE) is pleased to announce that another significant milestone has been reached in its strategic acquisition of Wellstream Holdings PLC. This morning, Wellstream announced that the listing of its ordinary shares ("Wellstream's Shares") on the Official List had been cancelled and Wellstream's shares ceased to be admitted to trading on the London Stock Exchange as of 8 a.m. (London time).
Funds debt refinancing and capital expenditures
SCOTTSDALE, Ariz.--08 March 2011-- GE Capital, Franchise Finance provided $13.2 million in financing to Ponder Enterprises, Inc., one of Hardee's largest franchise operators The credit facility, consisting of an $11.2 million term loan and a $2 million development line of credit, is being used to refinance existing debt and fund capital expenditures.
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Contract Includes Masoneilan* Modulating Steam Control Valves and Auxiliary Systems for the Integrated Gasification Combined-Cycle Power Plant
HOUSTON, TEXAS---March 7, 2011---GE (NYSE: GE) announced that it has been awarded a contract to provide Masoneilan* LincolnLog* and SteamForm* modulating steam control valves and auxiliary systems to Southern Company's Mississippi Power Integrated Combined Cycle (IGCC) power plant in Kemper County, Miss.
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ABERDEEN, SCOTLAND, UNITED KINGDOM---March 7, 2011---GE Oil & Gas has received a $7 million contract from Total E&P UK Ltd of Aberdeen, Scotland, to supply drilling and production equipment for the expansion of the Elgin Franklin gas field in the North Sea.
To meet the extreme well pressure and temperature demands of the project, GE is supplying surface wellhead and flow control equipment that can operate at well pressures of 15,000 PSI and temperatures of 450° F.
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General Electric (GE) announces participation in an entry-point project to establish a Diagnostic Services Nexus under the Economic Transformation Programme.
KUALA LUMPUR, MALAYSIA -- March 8, 2011 - GE (NYSE: GE) announced today the company's commitment to establish a Diagnostic Services Nexus (DSN) under the Healthcare National Key Economic Area (NKEA) of the Economic Transformation Programme (ETP). The announcement forms part of GE's `company-to-country strategy' to support the government's effort to transform Malaysia into a high-income nation by 2020.
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Skanska and GE have formed a strategic partnership to develop new environmental technologies and processes for the emerging green retrofit and refurbishment market, which is estimated to be worth in excess of £10bn per year in the UK.
This partnership combines GE's and Skanska's skills and expertise to deliver technologies for some of the most cutting-edge green refurbished commercial buildings in the UK.
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Skanska and GE have formed a strategic partnership to develop new environmental technologies and processes for the emerging green retrofit and refurbishment market, which is estimated to be worth in excess of £10bn per year in the UK.
This partnership combines GE's and Skanska's skills and expertise to deliver technologies for some of the most cutting-edge green refurbished commercial buildings in the UK.
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NEW YORK and MADRID, March 4, 2011---The financing of México's largest cogeneration power plant---owned by GE Energy Financial Services, a unit of GE (NYSE:GE), and Abengoa (MCE: ABG.MC)---has been named Overall Latin American and Latin American Power Deal of the Year by Project Finance magazine.