STAMFORD, Conn. & LINDEN, N.J.--(BUSINESS WIRE)--Four power marketing and trading companies have won an auction of the electric capacity from what GE Energy Financial Services believes is the first truly merchant US transmission project. The project will provide New York City with much-needed additional power.
ST PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and Bath and Kitchen Buying Group, the industry's only member-owned buying group, today announced a new relationship to provide private label revolving and installment credit options through GE's REFINEDesign and PROJECTLOANSM programs. This multi-year partnership recently launched nationwide to the BKBG network of 200 independent dealers.
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Dubai, UAE; January 31, 2007: GE Money, the global consumer-lending unit of General Electric Company (NYSE:GE) and Al-Futtaim Group, the leading UAE business conglomerate, today signed an agreement to establish a strategic joint venture in the UAE. Under the agreement a separate company will be formed specialising in providing a range of consumer finance products to consumers in the UAE.
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FLORENCE, ITALY - January 29, 2007 : -- GE Energy's aeroderivative business has announced a new upgrade for LM2500 and PGT25 gas turbines. Named the LM2500 XTEND™, the new upgrade kit leverages sophisticated system reliability and engine life modeling, improved material cooling techniques and single crystal alloys to reduce maintenance costs and eliminate outages for the LM2500 engine family.
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GE is Gold Sponsor of Middle East Imaging and Diagnostic Congress
Dubai, UAE; January 28, 2007: GE Healthcare, the US$17 billion healthcare business of General Electric Company (GE), is presenting cutting edge medical technologies focused on 'early healthcare' at Arab Health 2007, the premier health sector exhibition to be held from January 29 to February 1, 2007, at the Dubai International Exhibition Centre.
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LOUISVILLE, Ky. & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services, a unit of General Electric (NYSE:GE), announced today that it has made its first investment in a plant that will generate power and produce substitute natural gas using coal gasification technology. It is acquiring a 20 percent equity interest in The ERORA Group LLC, which is developing Kentucky's 630 net megawatt Cash Creek Integrated Gasification Combined Cycle facility, one of the most advanced and largest gasification projects under development in the United States.