Cost reductions would bring residential and commercial solar closer to parity with retail electricity costs, reduce the need for outside subsidies
GE investing hundreds of millions of dollars to increase solar power across the grid from the utility to homes and commercial properties
Head of New Product Development for Medical Diagnostics Ger Brophy Gives Talk
Princeton, NJ, October 26, 2011 --Ger Brophy, PhD, Head of New Product Development, GE Healthcare, Medical Diagnostics discussed diagnostics as the future of personalized medicine at the TEDMED 2011 Conference in San Diego, CA. During his talk, Brophy noted that while new drugs and targeted treatment have advanced the personalized medicine field considerably, realizing this paradigm depends on the development of powerful diagnostics -- some of which are available today.
CHICAGO --- October 26, 2011 --- GE Capital today announced it served as the administrative agent on a $900 million asset-based senior secured credit facility for BJ's Wholesale Club, Inc. The funds were used to support the acquisition of BJ's by Leonard Green & Partners, L.P. and CVC Capital Partners. GE Capital Markets acted as joint lead arranger and joint bookrunner.
BJ's Wholesale Club, headquartered in Westborough, Mass., operates warehouse clubs in the eastern U.S. with more than 190 clubs throughout 15 states.
HOUSTON, TX Oct. 24, 2011 -- GE Energy Financial Services, a unit of GE (NYSE: GE), is deploying its capital in critical US infrastructure and expanding into petroleum product terminals by investing $85 million to become a majority owner of Lightfoot Capital Partners, LP ("Lightfoot Capital").
NORWALK, CT -- October 19, 2011-- GE Capital, Corporate Finance today announced it is the administrative agent for a $150 million asset-based credit facility to United Copper Industries, Inc. (UCI), a leading manufacturer of building wire and cable. The loan was used to support the company's acquisition by KPS Capital Partners, LP and for UCI's ongoing working capital needs. GE Capital Markets served as sole lead arranger and bookrunner.
