Project Helps Reduce Regional Energy Shortage and Use of Fossil Fuels
JENBACH, Austria--31 July 2008-- Pakistan's first renewable energy project to use sugarcane-waste biogas created from the production of ethanol recently began supporting the national grid. The plant is powered by eight ofGE Energy's ecomaginationTM-certified Jenbacher biogas engines.
Deal adds more than $13 billion of assets, business lines GE understands and knows how to grow
NORWALK, Conn.--01 August 2008-- GE Capital today announced the completion of its acquisition of most of CitiCapital, Citigroup's North American commercial leasing and commercial equipment finance business, adding $13.2 billion in assets.
- Used as first point of care, GE Healthcare's leading compact ultrasound system, the LOGIQ e, will assist clinicians with an early diagnosis of athletes tendon and ligament injuries
- Portability, ease of use and high quality imaging positions compact ultrasound as a critical tool for assisting elite Spanish athletes, soon to compete at the 2008 Beijing Olympic Games, achieve optimum performance.
New Facility Also to Help Meet Beijing's Future Heat and Power Requirements
BEIJING--31 July 2008-- GE Energy will provide long-term services for a new power plant that will supply electricity for the Beijing 2008 Olympic Games, as well as heat and power for the city of Beijing in the future.
MADRID, Spain & STAMFORD, Conn.--31 July 2008-- GE Energy Financial Services, a unit of GE (NYSE: GE), and Grupo Corporativo Landon announced today they will invest about US $350 million (€225 million) in Fotowatio, one of Spain's largest and most successful solar power project developers. Fotowatio owns, operates and is developing almost 960 megawatts of solar projects in the fast-growing solar power markets of Spain, Italy and the United States. Existing investors in Fotowatio comprise investment fund Qualitas Venture Capital and Fotowatio's management.
Company Honored for Excellence in Research, Development and Education for the Treatment of Brain and Spinal Cord Injuries and Diseases
WAUKESHA, WIS - JULY 30, 2008 - The International Brain Mapping and Intraoperative Surgical Planning Society (IBMISPS) has recognized GE Healthcare with the Society's "Pioneer in Technology" award, rewarding GE's leading role in the development and commercialization of image-guided technologies in healthcare.
FLORENCE, ITALY---July 30, 2008---VetcoGray, a GE Oil & Gas business, applied its latest technology to overcome unique challenges, reduce project costs and risks, and successfully convert an exploration well to full production service at Agiba Petroleum Company's West Ashrafi hydrocarbon facility in Egypt's Gulf of Suez, Red Sea.
The project marks the first time that VetcoGray has converted a mudline exploration system to an SG-1 wellhead subsea system for production duty. The newly converted well entered service in April of this year.
Project is technological, industrial milestone for Abu Dhabi
Abu Dhabi, UAE; July 30 , 2008: GE Energy has received a contract of more than US$500 million (AED 1.837 billion) to supply equipment to power the world's largest aluminum processing complex at a single site. The Emirates Aluminum (EMAL) production facility is located close to the Arabian Gulf near Al Taweelah, Abu Dhabi, in the United Arab Emirates (UAE).
Florence, Italy; July 30, 2008: VetcoGray, a GE Oil & Gas business, applied its latest technology to overcome unique challenges, reduce project costs and risks, and successfully convert an exploration well to full production service at Agiba Petroleum Company's West Ashrafi hydrocarbon facility in Egypt's Gulf of Suez, Red Sea.
The project marks the first time that VetcoGray has converted a mudline exploration system to an SG-1 wellhead subsea system for production duty. The newly converted well entered service in April of this year.
Project is Technological, Industrial Milestone for Abu Dhabi
ABU DHABI, United Arab Emirates--30 July 2008-- GE Energy has received a contract of more than US$500 million to supply equipment to power the world's largest aluminum processing complex at a single site. The Emirates Aluminum (EMAL) production facility is located close to the Arabian Gulf near Al Taweelah, Abu Dhabi, in the United Arab Emirates (UAE).
