EDEN PRAIRIE, Minn. - GE Capital Fleet Services today announced that it has contracted with Verizon Networkfleet to offer its customers an electronic truck compliance system to satisfy upcoming electronic hours of service regulation requirements. This additional telematics product offering, which is made available through Verizon Networkfleet and its relationship with J.J. Keller & Associates Inc., will provide companies with new enhancements including electronic hours of service and driver vehicle inspection reports for their trucking operations.
CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $124.5 million senior secured credit facility to support the acquisition of Area Wide Protective (AWP) by The Riverside Company. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
Headquartered in Kent, OH and founded in 1993, AWP offers temporary traffic management solutions to a variety of customers, including utilities, utility contractors and telecommunications companies.
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- GE Marine launches new program of Dynamic Positioning Operator Training in their modernized GE Marine Technical Training Center in Houston, Texas
- The upgraded GE facility meets Class A standards, providing a realistic training environment to vessel operators
- The training courses provided cover a spectrum of key marine operations, training marine operators to carry out smart operations and allow vessels to perform efficiently
Houston - 18 June - Sirens blare, the vessel starts to drift towards the rig and the captai
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CHICAGO - GE Capital, Corporate Finance today announced it is serving as administrative and collateral agent on $1.335 billion in senior credit facilities for auction house Sotheby’s (NYSE: BID). The new facilities include a $485 million credit line increase that will be used for growth in Sotheby’s finance business. GE Capital Markets served as joint lead arranger and joint book runner on the facilities.
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- New Multilin System Delivers Comprehensive Transformer Protection, Control, Monitoring and Diagnostics for Both Utilities and Industrial Applications
- System Builds on GE’s Extensive 8-Series Platform of Leading Protection and Control Solutions
- GE Integrates Electrical and Chemical Data of a Transformer to Deliver Unparalleled Situational Awareness of the Asset’s Life for Power System Operators and Planners
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CHICAGO - GE Capital, Corporate Finance today announced it has provided a $17 million credit facility to ROC Services Company, an oil and gas well-site services supplier. The funds will be used to refinance existing equipment and to support the acquisition of the company by Coral Reef Capital. GE Capital Markets served as co-lead arranger and joint book runner on the facility.
Headquartered in Bridgeport, TX, ROC Services Company provides well-site services such as maintenance, excavation and hauling and flow-back services to oil and gas companies operating in the U.S.
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- Customer Experience Center and Global Product Showroom Designed for Customer Collaboration, Enabling GE to Develop New Products in Simpler, Smarter and Faster Ways
- World-Class Labs Accelerate Product Development and Embrace Industry-Leading Technologies, Building on GE’s 43-Year Presence in North Carolina
- Strategic Site Offers a Collaborative, High-Tech Work Environment for Product Development, Advanced Manufacturing and Customer Engagement
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Agreement Extends GNF Fueling of Entergy’s Boiling Water Reactor Fleet
WILMINGTON, NC-June 8, 2015- Entergy has extended a contract with Global Nuclear Fuel (GNF) to fuel the utility’s fleet of boiling water reactors through 2021.
The agreement is for eight fuel reloads - two at each of Entergy’s boiling water reactors: FitzPatrick, Grand Gulf, Pilgrim and River Bend. The total value of the contract extension is more than $100 million.