NORWALK, Conn.--15 October 2008-- GE Commercial Finance Corporate Lending today announced a $100 million increase in senior secured financing for Severstal Columbus, a next generation steel mill based in Columbus, MS. This increase in funds brings the total project financing for the company, formerly known as SeverCorr, to $577.5 million. GE Capital Markets arranged the transaction as co-lead arranger. The loan will be used to expand the mill, doubling its steel producing capacity to 3 million tons per year.
Mississauga, ON, October 15, 2008. GE Canada's, Mississauga Headquarters building was awarded LEED-EB (LEED Existing Building) Certification through the US Green Building Council (USGBC) on February 14, 2008. This is the FIRST such certification in Ontario, and the FIRST GE site globally, to achieve EB Certification.
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Essential Insight™ .mesh Allows Plant Operators to Monitor Previously Inaccessible Equipment
ISA Expo
Booth #2042
HOUSTON, TEXAS---October 14, 2008---GE Energy today announced the launch of its new Bently Nevada™ wireless condition monitoring solution, called Essential Insight™ .mesh. Designed to improve overall plant reliability, productivity and efficiency for remote and inaccessible plant equipment, the Essential Insight .mesh solution is now available and was unveiled at ISA Expo in Houston, Texas.
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ISA Expo
Booth #2042
HOUSTON, TEXAS---October 14, 2008---GE Energy has announced the successful implementation of its Bently Nevada™ condition monitoring technology designed for remote and distributed equipment assets, primarily in power generation, oil & gas, and other industrial facilities. The new wireless technology was deployed with Norsk Hydro and Norske Shell A/S for the Ormen Lange gas field in Norway.
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Residential SunPower Systems Available to HP Employees At Preferred Rates
SAN DIEGO, Calif. -- Oct. 13, 2008 -- SunPower Corporation (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels, and solar systems, and GE (NYSE: GE) announced today the completion of a 1.1-megawatt solar-electric power system on the roof of HP's printing technology research and development facility in San Diego. The companies are jointly dedicating the system today at the HP site.
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Home food and beverage safety monitoring, remote water purity testing, more effective chemical and biological sensors all potential applications
NISKAYUNA, N.Y. GE Global Research, the technology development arm of the General Electric Company (NYSE: GE), today announced a battery-free, multi-detection radio-frequency identification (RFID) sensing platform that could enable a wide range of low cost wireless sensing products in healthcare, security, food packaging, water treatment and pollution prevention. GE's unique RFID sensors are built on traditional RFID tags.
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Delivers powerful combination of the highest sensitivity in the industry, next generation of MotionFree technology, high definition imaging, fast reconstruction with the IBM BladeCenter®
MUNICH, Germany--13 October 2008-- Continuing its leadership in PET/CT technology, GE Healthcare announced the introduction of Discovery PET/CT 600, GE Healthcare's newest positron emission tomography/computed tomography (PET/CT) system at the annual meeting of the European Association of Nuclear Medicine (EANM) Congress in Munich.
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SEOUL, KOREA---October 13, 2008---South Korean energy producer West Sea Power Co., Ltd., wholly-owned by Macquarie Korea Opportunities Fund, has signed a 17-year contractual service agreement (CSA) with GE Energy. The deal is expected to strengthen the reliability of West Sea Power's plant operations and improve long-term power output.