BETHESDA, Md.--28 January 2011-- GE Capital, Healthcare Financial Services announced today that it has provided, as sole lender, a $12.5 million senior secured multi-draw term loan facility to XDx, Inc. ("XDx"). The financing provides XDx with working capital to expand the commercialization of its FDA-cleared, innovative, noninvasive AlloMap® molecular diagnostic test and pursue the development of other gene expression-based tests for autoimmune diseases including lupus.
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STAMFORD, CONN., PRINCETON, NJ, and HOUSTON, Jan. 27, 2011 -- Three major American energy corporations -- GE (NYSE: GE), NRG Energy, Inc. (NYSE: NRG) and ConocoPhillips (NYSE: COP) -- are joining forces to become the premier investor and commercial collaboration partner for emerging and innovative energy technology companies. The companies have committed $300 million in capital to the new joint venture, Energy Technology Ventures, to fund approximately 30 venture- and growth-stage companies over the next four years.
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Eden Prairie, Minn. -- January 25, 2011 -- GE Capital Fleet Services today announced full-year results of identified customer cost savings in 2010. The total amount of identified savings for 2010 was $326 million, with the company-leased versus company-owned vehicles yielding the highest cost savings of more than $68 million.
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STAMFORD, CONN, JANUARY 24, 2011 --- GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE], has signed a firm order for 12 additional long-range A330-300 aircraft. This new order brings the total number of A330s ordered by GECAS to 32.
"This order adds to our existing portfolio of A330 aircraft," said Norman C. T. Liu, GECAS President and CEO. "A key part of our strategy is to expand our wide-body product offerings to satisfy customer demand."
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MONROE, GA, January 24, 2011 -- ArcLight Capital Partners, LLC ("ArcLight"), GE Energy Financial Services, a unit of GE (NYSE: GE), and the Government of Singapore Investment Corporation Pte Ltd ("GIC") announced today they have agreed to become partners in five Georgia natural gas-fired power plants that together make up the largest fully independent power producer in the southeastern United States.
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GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided Expamet Building Products with financing facilities of £8.35million which will be used to help the future growth plans of the business. These financing facilities comprise invoice discounting, inventory and plant and machinery loans.