* GE Compressors Selected for Jetty Boil-Off Gas Recovery Project, Reducing CO2 Emissions and Enhancing Environmental Performance of Qatar LNG Producers, Planned Project Completion Scheduled for Early 2014
DOHA, QATAR; In the first large-scale application of its type, GE Oil & Gas advanced compressor technology is minimizing liquefied natural gas (LNG) boil-off gas flaring at LNG berths at the Ras Laffan Port, Ras Laffan Industrial City in Qatar, by making productive use of the gas that boils off during loading of the LNG carriers.
business unit
tags
VANCOUVER, Canada, February 15, 2011 -- GE Energy Financial Services, a unit of GE (NYSE: GE), has agreed on the indicative terms of an equity investment in a 77-megawatt wind farm that Finavera Wind Energy Inc. ("Finavera" or the "Company") (TSX-V: FVR) plans to build in British Columbia's Peace River Region.
business unit
tags
Potential for Up to 50 New Jobs at Research and Technology Development Centre
Winnipeg, Manitoba -- February 15, 2011 -- GE Canada and StandardAero have signed an agreement to build a new $50 million aircraft engine research and technology development centre in Winnipeg. The centre is expected to initially employ 10 with the potential to grow to 50 employees within five years. The design and construction of the facility at the airport could employ up to 200 workers.
business unit
tags
Cogeneration Project Utilizes Forestry Byproducts to Produce Power and Steam
FLORENCE, ITALY---February 15, 2011---A new green energy cogeneration plant at the Nippon Paper Industries, U.S.A., pulp and paper mill in Port Angeles, Wash., U.S.A., will feature a steam turbine generator supplied by GE Oil & Gas and powered by residue from local timber operations to generate 20 megawatts of power, becoming the first biomass project in the Port Angeles region of Washington state.
business unit
tags
Funding allows for new store developments and refinancing of existing debt
SCOTTSDALE, Ariz.--15 February 2011-- GE Capital, Franchise Finance provides $5.8 million in financing to Dunkin' Donuts franchisee, First Cup, LLC. The facility includes a $4.1 million term loan and a $1.7 million development line of credit, which together will refinance existing debt and provide capital for restaurant expansion. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial Inc.
business unit
tags
FAIRFIELD, Conn.--14 February 2011-- GE today announces the appointment of two new company officers. GE currently has 194 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth.
Below are details on GE's two new officers:
business unit
* Incandescent halogen bulbs offer up to 22% greater efficiency than century-old incandescent bulb
* GE gives U.S. consumers another option in the lighting aisle