Contracts Include Sale of First 50-Hz Unit
NEW ORLEANS--(BUSINESS WIRE)--In response to a growing need for flexible power generation in the Southern Cone of Latin America, GE Energy has received contracts with three companies totaling over US$142 million to supply four 50-Hz LMS100 simple-cycle gas turbines.
Latest Agreement With Noble Valued at Approximately $650 Million
NEW ORLEANS--(BUSINESS WIRE)--GE Energy has received a contract of approximately $650 million to provide 333 wind turbines to Noble Environmental Power for new and expansion projects in New York and Texas that will add nearly 500 megawatts of wind power capacity to the country's renewable energy supply.
The new agreement is the fourth wind turbine supply contract that GE and Noble have signed over the past three years, adding up to 877 GE 1.5-megawatt wind turbines with a total value of more than $1.5 billion.
NEW ORLEANS--(BUSINESS WIRE)--Illinois-based Exelon Nuclear, the nation's largest nuclear operator, has signed a major, multi-million dollar order with GE Hitachi Nuclear Energy (GEH) for large forgings and component fabrication for two next-generation ESBWR nuclear reactors, should the company decide to build a new nuclear power plant in Texas.
The long-lead items agreement requires GEH to supply the major components needed for developing nuclear power plants, including the manufacturing of ultra-large forgings, reactor pressure vessels and steam turbine generators.
Hugoton Gathering System Will Double Regency's Footprint in Kansas
DALLAS & HOUSTON--(BUSINESS WIRE)--Regency Energy Partners LP (NASDAQ:RGNC) has agreed to acquire FrontSteet Hugoton, LLC from an affiliate of GE Energy Financial Services, a unit of GE (NYSE:GE), and FrontStreet EnergyOne, LLC, for approximately $139 million, expanding Regency's asset base in the Midcontinent region. This acquisition will be immediately accretive to cash available for distribution.
Fairfield, Conn., Dec. 10, 2007 - GE (NYSE: GE) will Webcast its annual December outlook meeting with investors tomorrow, Tuesday, December 11, 2007 at 3:00 p.m. ET. GE Chairman and CEO Jeff Immelt will host the meeting and discuss the company's outlook for the remainder of 2007 and for 2008. The Webcast and related materials will be available at www.ge.com/investor.
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Washington, DC, December 10, 2007 -- The U.S.-India Business Council (USIBC) is pleased to announce the appointment of Tejpreet Singh Chopra, President and Chief Executive Officer of GE India, to its Board of Directors.
The U.S.-India Business Council is the premier business advocacy organization representing 260 of the largest U.S. companies investing in India, joined by two dozen of India's largest global companies. USIBC's mandate is to strengthen U.S.-India commercial ties.
200 Community, Industry Leaders Discuss Region's Water Solutions & Scarcity Challenges
ATLANTA, GA. -- December 10, 2007 -- GE Water & Process Technologies and the Metro Atlanta Chamber of Commerce (MACOC) are co-hosting the Georgia Water Solutions Forum.
The Forum is a thought leadership conference that is bringing together leading water experts from the government, municipalities and industrial and technology businesses to explore sustainable approaches to Georgia's unprecedented water shortage.
