SÃO PAULO, February 28, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of four new leased Boeing 737-800 aircraft to VRG Linhas Aéreas S. A. to expand its fleet.
The aircraft were part of a purchase-and-leaseback transaction between the airline and GECAS. The first aircraft delivered in December 2012; two delivered in 2013; and the final delivered late last month.
GE Capital's Telecom, Media and Technology Business Recaps Busy 2013
Provides more than $5.5 billion over 59 deals across TMT spectrum
BETHESDA, MD -- FEB. 26, 2014 --- GE Capital, Healthcare Financial Services, announced today that it has recently provided a $2.5 million senior secured credit facility to SynGen, Inc., a medical device company with a 510(k) approved bench-top system for isolating stem cells from umbilical cord blood, peripheral blood and bone marrow. GE Capital, Healthcare Financial Services is acting as administrative agent for the credit facility.
CHICAGO, IL --- GE Capital, Commercial Distribution Finance (CDF) announced today that it will provide financing to information technology (IT) solution providers that are part of the AT&T Partner Exchange(SM) reseller program. The program helps solution providers create custom solutions for their business customers by bundling AT&T's advanced mobility, cloud and IP networking solutions with hardware, software and managed services.
DUBLIN, Ireland, 25 February 2014 -- GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it has made its first equity investment in Ireland's wind power market by acquiring two wind farm construction projects that will be powered by the GE's flagship 2.85MW wind turbines. With a combined capacity of 51 megawatts, the wind farms, acquired from Element Power and now under construction, will help Ireland meet its renewable energy generation targets, produce power for thousands of homes, and reduce electricity costs for Irish consumers.
SHANNON, Ireland, February 25, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a leased Airbus A320 to the Spanish start-up airline Evelop Airlines.
Evelop Airlines is owned by the Spanish leisure travel group Barceló and currently operates three aircraft from destinations in Europe to the Canary and Balearic Islands and serves outbound passengers from Spain to the Caribbean.
GECAS News
CHICAGO --- Feb. 19, 2014 --- GE Antares, a unit of GE Capital, announced today it closed more than 170 senior loan transactions with corporate borrowers across 90 private equity firms, totaling over $13 billion in financing in 2013 and retaining its position as the most active lender to PE-backed middle market companies.
