CHICAGO--(BUSINESS WIRE)--GE Antares today announced it is serving as administrative agent for a $45 million senior secured credit facility to support the recapitalization of Shemin Nurseries, Inc., an Olympus Partners portfolio company. GE Capital Markets is serving as sole lead arranger and bookrunner.
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Earth RewardsSM Platinum MasterCard® Gives Consumers Rewards that Reduce Greenhouse Gas Emissions With Every Use
New York, NY, July 25, 2007 -- Today GE (NYSE: GE) unveiled the GE Money Earth RewardsSM Platinum MasterCard,® the first US credit card dedicated to reducing cardholders' carbon emissions through trustworthy and reliable greenhouse gas emission offsets.
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TOKYO--(BUSINESS WIRE)--GE Commercial Finance announced today that Vicky Bindra has been named President and CEO, GE Commercial Finance India, succeeding Tejpreet S. Chopra who became President & CEO of GE India in June.
Vicky joins GE following a 12-year career with Citigroup where he was a member of Citigroup's Global Management Committee and served most recently as EVP Small Business and Customer Franchise, Global Consumer Group International. Prior to Citigroup, Vicky was a partner in the consulting firm, Bain & Company.
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NEW YORK--(BUSINESS WIRE)--GE AES Greenhouse Gas Services, a joint venture between GE Energy Financial Services, a unit of GE (NYSE: GE), and The AES Corporation, announced today a rigorous and comprehensive standard for the creation and sale of its greenhouse gas credits in the United States. The standard will ensure that credits produced by the joint venture are scientifically verified and provide a positive, measurable environmental benefit. The standard was announced in New York and will back the first US credit card dedicated to helping reduce cardholders' greenhouse gas emissions.
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Kuwait, Qatar Projects to Add Five Gigawatts of Power
ATLANTA--(BUSINESS WIRE)--GE Energy (NYSE: GE) has received contracts totaling more than $1.8 billion to supply 32 gas turbines and additional equipment for power plant projects in Kuwait and Qatar that will add more than five gigawatts of capacity to help meet the Middle East's rapidly growing demand for electricity.
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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--GE Fanuc Embedded Systems today announced that it has been selected by Raytheon Integrated Defense Systems (IDS) to supply single board computers for the DDG 1000 destroyer. The DDG 1000 is the lead ship in the Zumwalt class of next generation, multimission surface combatants tailored for land attack and littoral dominance with capabilities designed to defeat current and projected threats as well as improve battle force defense.
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ST. PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and the Electric & Gas Industries Association (EGIA), a non-profit organization dedicated to advancing energy efficiency and renewable energy solutions, recently announced a new multi-year relationship to provide revolving and installment consumer financing of residential solar systems through EGIA's GEOSmart Sustainable Financing Solutions loan program.
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Best of Breed JV's fuels GE Money's Growth
MALAGA, Spain--(BUSINESS WIRE)--GE Money, the global consumer lending division of General Electric Company (NYSE: GE), and Unicaja, Andalusia's leading financial institution, today signed a strategic alliance to create a joint venture in Spain. The newly created organisation will be a major consumer finance specialist in the Spanish market and the first consumer finance joint venture established in Andalusia. It will offer personal loans and credit cards which will be sold through Unicaja's distribution channels.
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Read about the first US credit card dedicated to reducing cardholders' carbon emissions through trustworthy and reliable greenhouse gas emission offsets.
Read about the first US credit card dedicated to reducing cardholders' carbon emissions through trustworthy and reliable greenhouse gas emission offsets.