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News and insights from Europe

Press Release

Report Highlights Opportunities to Build Tomorrow's Electricity Sector

January 20, 2015
  • New Forum report, The Future of Electricity, finds that the electricity sector faces increased uncertainties and declining returns for utilities as it seeks to make the transition to a low-carbon system
  • Report offers guidance on transforming the electricity sector to a more sustainable, affordable and reliable system; outlines recommendations to achieve an estimated $7.6 trillion in investments needed by 2040 to meet energy policy objectives
  • Report also identifies dimensions of policy, market design and business m
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Press Release

Repower, GE und Iberdrola unterzeichnen Verträge für hocheffizientes GuD-Kraftwerk in Deutschland

January 20, 2015
  • Die Kraft-Wärme-Kopplungsanlage von Repower soll den CHEMPARK Leverkusen hocheffizient mit Strom und Dampf versorgen, unter Einhaltung der CO2-Reduktions- und Energieeffizienzziele der Bundesregierung
  • GE liefert erstmals seine größte und effizienteste Gasturbine nach Deutschland
  • 9HA-Turbine mit Nettoleistung von mehr als 570 Megawatt

Leverkusen, 20. Januar 2015 - GE (NYSE: GE) gelingt es erstmals, die 9HA-Gasturbine, die modernste und effizienteste Gasturbine weltweit, in den deutschen Markt zu verkaufen.

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Michael Elliott: Davos in the Age of Miracles

Michael Elliott The One Campaign
January 20, 2015
If you’re ever looking for a reason to go to Switzerland in the winter, here’s one: admiring the local railroad system.
 
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Marco Annunziata: Innovation Barometer — Businesses Disruption-Ready, in Right Conditions

Marco Annunziata GE
January 20, 2015
Our world is changing faster than ever. The marriage of digital and physical technologies is accelerating change in industry; the rise of the Global Brain with crowdsourcing and open-source collaboration is enabling hyper-charged innovation; and global growth is rapidly reshaping the map of global economic power. The confluence of these three forces is bringing about an unprecedented degree of disruption.
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Allan Päll: Bridging the Gap — Education and Employment in Europe

Allan Pall European Youth Forum
January 19, 2015
Some people say that we are post-crisis, but years after the crisis has supposedly ended, with a youth unemployment rate in the EU of 21.6 percent of — and in many countries, that already high statistic is much higher — there appears to be no end in sight for young people that cannot find secure jobs of good quality.
 
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Ganesh Bell: Driving Economic Growth in Europe with Digital Transformation

Ganesh Bell GE
January 16, 2015
What can revitalize the European economy? Many are asking this question as the region has stagnated economically for years. The answer lies in the wave of digital transformation enabled by the Industrial Internet. But in order to capitalize on this next industrial revolution, Europe must embrace major technological change in new ways.
 
Press Release

GE and McDermott launch io oil & gas consulting

January 15, 2015

io is a new model of consulting in offshore field developments 

 

15th January 2015 - GE Oil & Gas (NYSE: GE) (“GE”) and McDermott International, Inc. (NYSE: MDR) (“McDermott”) today launched io oil & gas consulting, a new independent venture to transform the development of front-end solutions for offshore fields.

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Gary Hufbauer: 2015 — A Decisive Year for Globalization

Gary Hufbauer Peterson Institute For International Economics
January 09, 2015
Globalization has contributed enormously to world prosperity. The rationalization of production through global supply chains and the application of new technology worldwide — not just where it was invented — made the 60 years following the Second World War the most prosperous era in human history.
 

But today globalization faces strong political headwinds. The very term triggers protest from the political left — it has come to be blamed for the prosperity of the top 1 percent, stagnant wages for everyone else and the excesses of Wall Street.
Press Release

GE Capital provides financing in support of the Castik Capital backed acquisition of Waterlogic

January 08, 2015

London, 08 January 2015: GE Capital, a leading European provider of mid-market Leveraged Finance, has been appointed as Mandated Lead Arranger alongside HSBC, ING, Santander and Societe Generale to provide £113m of senior debt facilities supporting the public to private acquisition of Waterlogic by Castik Capital and management. 

As part of the package, an additional debt facility has been put in place to support a continuation of the Company’s proven acquisition strategy.

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Press Release

GE Capital Appoints New Commercial & Growth Leader For International Business

January 05, 2015

London, 18 December 2014: GE Capital International, a leading specialized finance provider to the mid-market, has expanded its senior leadership team through the appointment of Henry Allen as Commercial & Growth Leader of the firm’s international business, encompassing all markets outside the Americas. The appointment is part of the firm’s ongoing focus to grow its core commercial leasing & lending business in global markets.

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