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Press Release

GE to Replace TVA's Coal Units with Cleaner, High-Efficiency H-Class Gas Turbines

January 15, 2015
  • Two 7HA.02 Gas Turbines to Replace Three Coal-Fired Units, Providing High Efficiency and Lowering Emissions to Help Tennessee Valley Authority (TVA) Meet Agreement with U.S. EPA
  • Plant to Support Memphis Area and Region with Cleaner, Reliable Energy
  • TVA Project Marks the 15th HA Order 


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Press Release

GE Antares Capital Retains Position as #1 Lender to MidMarket Private Equity-Backed Companies

January 12, 2015
  • Provides $27 billion in financing across 200 transactions
  • Connects 280 clients with GE’s industrial groups and research labs to accelerate growth

CHICAGO -  GE Antares, a unit of GE Capital, announced today it closed more than 200 senior loan transactions with corporate borrowers across 88 private equity firms, including 62 new platforms, totaling more than $27 billion in financing in 2014, making it the most active lender to private equity-backed companies in the middle market.


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Press Release

GE Capital Leads $600 Million Revolving Credit Facility for Axiall

January 08, 2015

CHICAGO -  GE Capital, Corporate Finance today announced it is serving as administrative agent on a $600 million revolving credit facility for Axiall Corporation.  The new, larger facility will be used for general working capital and to support the company’s ongoing growth.  GE Capital Markets served as co-lead arranger and joint book runner on the facility.

Based in Atlanta, Axiall manufactures and markets chemicals and building products for sale worldwide. The Company operates through three segments: Chlorovinyls, Building Products, and Aromatics.


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Pennsylvania Power Plant Saves 1.3 Million Gallons of Drinking Water per Day after Installing GE's Advanced Water Reuse Technology

January 06, 2015
  • Covanta’s Delaware Valley Energy-from-Waste Facility is First North American Industrial Company to Install GE’s RePAK* Combination Ultrafiltration and Reverse Osmosis System
  • Equipment Enables Facility to Reuse Nearby Wastewater Treatment Plant’s Water Instead of Consuming Local Drinking Water Supplies
  • Covanta Honored with GE Return on Environment Award
Press Release

Waukesha-Pearce Industries Announced as GE's Distributor for Waukesha Equipment for the Lower 48 US States

January 05, 2015
Press Release

GE's Distributed Power Launches New Gas Compression Power Packager Program

January 05, 2015
Press Release

GE Study Helps Assess Resiliency of New Jersey's Electrical Grid

December 23, 2014
  • Study Helps State’s Electrical Distribution Companies Prepare for Potential Grid Disturbances Related to Major Storms
  • GE’s Energy Consultants Provide Recommendations to Develop Tactical and Strategic Action Plans to Help Utilities Keep the Power on in Storm-Scenarios like Superstorm Sandy and Hurricane Irene

SCHENECTADY, N.Y.-December 23, 2014-With the string of intense natural disasters and severe storms across the Northeast in recent years, utilities are exploring new strategies to build “resilient grids” that can withstand and recover f


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Press Release

GE Capital Increases Van-Rob Inc. Credit Facility to $91 Million

December 19, 2014

Toronto  - GE Capital, Canada announced today that it has increased Van-Rob Inc. senior secured credit facility to $91 million. GE Capital, Canada served as lead arranger and administrative agent. The proceeds of the facility will be used for general working capital purposes.

Founded in 1979 and headquartered in Aurora, ON, Van-Rob is a Tier 1 automotive parts manufacturer of large structural assemblies, chassis components and crash energy management systems. It services the major automobile manufacturers from facilities located in Canada, the U.S. and Mexico.


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GE Antares Provides $330 Million to Support HGGC's Majority Ownership Investment in Survey Sampling International, LLC

December 19, 2014

CHICAGO - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $330 million senior secured credit facility to support HGGC’s majority ownership position in Survey Sampling International, LLC (“SSI”). GE Capital Markets served as sole bookrunner and joint lead arranger on this facility.


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Cheniere and GE Sign $1B Service Agreement for Sabine Pass LNG Export Terminal

December 18, 2014
  • Construction is Well Underway on the First Four LNG Trains at Cheniere Partners’ Sabine Pass LNG Export Facility, Located in Cameron Parish, Louisiana, with First LNG Expected Late 2015
  • GE to Supply Spare Parts and Provide Maintenance Services and Technical Support for the Main Gas Generators and Compressors on These LNG Trains for over 20 Years   

 


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