ATLANTA & STAMFORD, Conn.--(BUSINESS WIRE)--July 24, 2006--Expanding into an industry requiring major infrastructure investment, GE Energy Financial Services announced today that it has formed a team concentrating on the water market and that it has made its first investment: $18 million in a state-of-the-art wastewater reclamation plant near Atlanta.
CHICAGO--(BUSINESS WIRE)--July 24, 2006--GE today announced that Timothy R. Schitter has been named Vice President for Sales, overseeing all petrochemical sales and services activities for the company's Rail Services unit. Mr. Schitter will be responsible for providing commercial leadership and driving customer loyalty programs for this growing segment of the railcar leasing and services business.
business unit
tags
NORWALK, Conn.--(BUSINESS WIRE)--July 24, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed $182 million in senior secured and mezzanine financing for NewWave Communications, a cable television, high speed internet and digital telephone service provider primarily serving Kentucky, Illinois, Missouri and Tennessee.
business unit
tags
NORWALK, Conn.--(BUSINESS WIRE)--July 24, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed $182 million in senior secured and mezzanine financing for NewWave Communications, a cable television, high speed internet and digital telephone service provider primarily serving Kentucky, Illinois, Missouri and Tennessee.
business unit
tags
STAMFORD, Conn. & SAN DIEGO--(BUSINESS WIRE)--July 21, 2006--Expanding its investments in oilfield services, GE Energy Financial Services announced today that through its affiliates, it has provided a total of US $175 million to three Canadian companies. The transactions with High Arctic Energy Services Trust, Western Lakota Energy Services and Production Enhancement Group were announced today at the Association of Energy Service Companies 50th Annual conference in San Diego.
business unit
tags
BIG SPRING, Texas--(BUSINESS WIRE)--July 18, 2006--Airtricity, Inc., a leading renewable energy company, announced today that it has agreed on $120 million in project equity investment with GE Energy Financial Services, Fortis Capital and Wells Fargo for a 125-megawatt wind farm under construction in West Texas.
business unit
tags
EVENDALE, Ohio--(BUSINESS WIRE)--July 18, 2006--Cathay Pacific Airways has signed a 20-year OnPoint(SM) Solutions service agreement with GE - Aviation's Services business for the maintenance, overhaul and repair of 40 GE90-115B installed and spare engines powering the airline's fleet of Boeing 777-300ER aircraft. The agreement, valued at more than $1 billion over the life of the agreement, will also cover any additional GE90-115B powered aircraft the airline acquires through the year 2017.
business unit
tags
Scott Donnelly, President and CEO - GE Aviation, and Henry Hubschman, President and CEO - GE Aviation Services, will host an analyst meeting in conjunction with the Farnborough Air Show.
Location: London, UK
Scott Donnelly, President and CEO - GE Aviation, and Henry Hubschman, President and CEO - GE Aviation Services, will host an analyst meeting in conjunction with the Farnborough Air Show.
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340
business unit
tags
CHICAGO--(BUSINESS WIRE)--July 17, 2006--GE Antares Capital today announced its role as administrative agent for a $37.5 million senior credit facility to support Century Park Capital Partners' acquisition of Eckler Industries, Inc. ("Eckler's").
GE Antares has served as administrative agent for Eckler's for several years and provided a staple-on financing to support the recent sale of Eckler's. GE Capital Markets serves as the sole lead arranger for the credit facility.
business unit
tags
CHICAGO--(BUSINESS WIRE)--July 17, 2006--GE Antares Capital today announced its role as administrative agent for a $37.5 million senior credit facility to support Century Park Capital Partners' acquisition of Eckler Industries, Inc. ("Eckler's").
GE Antares has served as administrative agent for Eckler's for several years and provided a staple-on financing to support the recent sale of Eckler's. GE Capital Markets serves as the sole lead arranger for the credit facility.