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Press Release

E.ON Secures Tax Equity Financing from GE Energy Financial Services for Panther Creek I & II Wind Repowering Project in Texas

September 24, 2019
Press Release

GE and LongWing Unlock Financing and Technology for First Phase of Zaporizhia Onshore Wind Farm in Ukraine

July 25, 2019
  • GE Capital’s Energy Financial Services connects financing to GE’s fourth wind farm project in Ukraine
  • Sponsor, LongWing Energy, and co-investor, VLC Renewables, secure project financing for the first 98 MWs of its Zaporizhia wind farm project in Ukraine
  • GE Renewable Energy secures onshore wind turbine order for the 98 MW phase one, which is expected to produce over 330,000 MW hours of clean energy per year and power approximately 170,000 household

 

For media inquiries, please contact:

Jaclyn Cochrane
GE Energy Financial Services
+1 203 219 7463
jaclyn.cochrane@ge.com
Becky Norton
Communications Leader, Electrification Software
GE Vernova
+1 518 522 8832
becky.norton@ge.com
Santiago Castanedo
Europe, Communications Manager
GE Renewable Energy
+34 673 250 404
santiago.castanedo@ge.com

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Press Release

GE Connects Financing and Turbine Technology to its Flagship Onshore Wind Project in Sub-Sahara Africa

December 18, 2018
  • GE's flagship onshore wind project in Sub-Sahara Africa - 60 1.7-103 units
  • GE EFS and Renewable Energy partner to deliver 100MW wind power project in Kenya
  • Kipeto will produce enough electricity to power the equivalent of 40,000 homes

NAIROBI, KENYA, December 18, 2018 - GE Renewable Energy and GE Energy Financial Services ("GE EFS") have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa.


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Press Release

Funds Managed by Apollo Global Management to Acquire Approximately $1 Billion Portfolio of Equity Investments from GE Capital's Energy Financial Services

October 07, 2018

NEW YORK, New York - October 8, 2018: Funds managed by affiliates (the “Apollo Funds”) of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO) and GE Capital (NYSE: GE) today announced they have entered into a definitive agreement for the Apollo Funds to acquire an approximately $1 billion portfolio, including assumed obligations, of predominantly equity investments in energy assets (the “Equity Portfolio”) from GE Capital’s Energy Financial Services unit.  The Equity Portfolio comprises approximately 20 investments in renew


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Press Release

GE to provide turbines and facilitate €90 million financing for 100MW Ukrainian wind farm

August 28, 2018
  • German export credit agency guarantees financing
  • GE to supply 26 3.8-130-110HH turbines

 

KIEV, UKRAINE - AUGUST 28, 2018 - GE Energy Financial Services, a unit of GE (NYSE: GE), announced today it facilitated the raising of €90MM in project financing for stage I (100-megawatt) of DTEK Renewables B.V. Primorskaya wind electricity plant (Primorskaya WEP), located on the Sea of Azov shore in Zaporizhia region, South Ukraine.


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Press Release

GE Capital's Energy Financial Services Agrees to Sell Project Finance Debt Business Valued at Approximately $2.6 Billion to Starwood Property Trust

August 08, 2018

Norwalk, Connecticut - August 8, 2018: GE Capital (NYSE:GE) has entered into an agreement to sell its GE Energy Financial Services’ Project Finance Debt Business (“Project Finance Debt Business”), including the transfer of a team of employees, to Starwood Property Trust, Inc. (NYSE: STWD) (“Starwood”). The sale comes as the energy investing unit of GE seeks to reduce the size of its asset base in support of a smaller and more focused GE Capital.


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Press Release

Competitive Power Ventures and GE Achieve Commercial Operation at 805-MW CPV Towantic Energy Center in Connecticut

June 14, 2018

New CT Private Energy Project Now Supplying Efficient, Reliable and Environmentally Responsible Power on ISO-NE Grid

 


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Press Release

GE Energy Financial Services Secures Project Financing For The Expansion Of Los Guindos Power Plant In Chile

April 05, 2018
  • GE Power to install a second 9E.03 gas turbine at Los Guindos power plant.
  • The 9E heavy duty gas turbines provide increased power and performance.

SANTIAGO, CHILE - APRIL 05, 2018 - GE (NYSE: GE) unit, GE Energy Financial Services secured $150 million project financing to refinance and expand the Los Guindos* open-cycle thermoelectric power plant in central Chile.


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Press Release

GE Energy Financial Services Launches North Sea Oil And Gas Development Lending Program

September 15, 2011

LONDON Sept. 15, 2011 -- Launching a North Sea oil and gas development lending program, GE Energy Financial Services, a unit of GE (NYSE: GE), joined an existing group of financial institutions in a loan facility for Sterling Resources Ltd. (TSX-V:SLG). Of the GBP 105 million senior secured loan, GE Energy Financial Services has committed GBP 26.1 million.


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Press Release

Australia's First Utility-Scale Solar PV Project Under Way in Western Australia

August 31, 2011

Funded by Verve Energy, GE Energy Financial Services and WA Government, 10-megawatt project will use First Solar PV modules

Geraldton, Western Australia, Aug. 31, 2011 --- First Solar, Inc. (Nasdaq: FSLR), Verve Energy and GE (NYSE: GE) unit GE Energy Financial Services announced today that Australia's first utility-scale solar power project is under way. Output from the 10-megawatt AC project on 80 hectares of cleared land 50km southeast of Geraldton will contribute to offsetting the energy requirements of the Southern Seawater Desalination Plant.


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