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Press Release

GE Focuses Portfolio for Growth and Shareholder Value Creation

June 26, 2018
  • Company to focus on Aviation, Power and Renewable Energy
  • Healthcare to become standalone company; GE expects to monetize 20% and distribute remaining 80% of GE Healthcare to shareholders tax-free 
  • Plans to fully separate Baker Hughes, a GE company (BHGE)  
  • Strengthening the balance sheet: Clear path to reduce debt by $25 billion, achieve Industrial net debt to EBITDA of less than 2.5x by 2020 and further
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Press Release

GE to Sell Distributed Power Business to Advent International for $3.25 Billion

June 25, 2018

Advent to Provide Investment in Product Portfolio, Service Network and Digitization to Accelerate Execution and Growth


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Press Release

New molecular imaging products deliver quantitative accuracy for improved diagnoses

June 24, 2018
  • Discovery MI now available in an upgradable configuration with ultra-high sensitivity
  • Five new nuclear medicine systems designed to help clinicians achieve exceptional outcomes
  • Nuclear cardiology imaging software, Emory Cardiac Toolbox, provides remote reading and reporting virtually anywhere

Philadelphia, PA - June 24, 2018 - GE Healthcare showcased new molecular imaging and software solutions at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) 2018 that will help deliver the vision


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EMF Offshore Wind - Statement

June 20, 2018

GE welcomes the confirmation of the three Eolien Maritime Français offshore windfarms paving the way for a buoyant offshore wind industry, which carries considerable potential for economic growth, job creation and high-tech innovation in France. These three offshore windfarms, located in Fécamp, Courseulles and Saint-Nazaire will lead to new job creation in France required to build and deliver GE’s Haliade 150-6MW wind turbines.


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GE Global Research Developing DNA Vaccine Technology to Enable Rapid Response to Infectious Diseases

June 20, 2018
  • Awarded two- year, $4.7 MM Federal grant from the Defense Threat Reduction Agency (DTRA) to reduce new vaccine creation from over a year to only a few weeks
  • Would improve readiness of Defense agencies and medical community to respond to and thwart potential epidemics or even pandemics
  • Faster synthetic process could lead to improvements in a vaccine’s effectiveness to fight off viruses such as the flu
 


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GE Power and EDF Energy Progress on Hinkley Point C Nuclear Project to Supply 6 Million UK Households with Clean Power

June 19, 2018
  • GE Power to start the manufacturing ARABELLE™ steam turbine rotor for Hinkley Point C
  • ARABELLE™ steam turbines power more than half of the world’s nuclear power plants today
  • Project will deliver around 7% of the UK’s power generation capacity for the next 60 years 

Paris - June 20, 2018 - GE Power’s Steam Power and EDF Energy, a fully-owned subsidiary of the EDF Group, the UK’s largest producer of low-carbon electricity, have reached a key project milestone with the start of the manufact


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Press Release

GE hits 100th power plant milestone in Sub-Saharan Africa

June 19, 2018
  • 100 power plants across renewables, gas and steam plants generating over 46GW of power
  • Over 300 installed turbines providing equivalent power for up to 250 million people
  • 100th Power plant milestone reached in Angola with recent fast, mobile TM2500 gas power installations

 


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Press Release

GE and Vattenfall Debut World's First Upgrade with Additive Manufactured Components to GT13E Gas Turbines

June 19, 2018
  • New Upgrade Continues GE’s Investments in Its Power Services business
  • New MXL2 with Additive Manufactured Performance Upgrade to Boost the Power and Efficiency of Existing GT13E2 Gas Turbines
  • Breakthrough Technology Can Help Power Producers Achieve up to $3 Million of Additional Revenue per Year and Save up to $2 Million in Fuel Annually
  • Launch Customer Vattenfall Europe Wärme AG to Implement Upgrade at the Heizkraftwerk Berlin-Mitte Power Plant in Germany’s Capital City of Berlin
  • The Upgrade Will
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GE Power Announces New Achievements by HA Gas Turbine and Services Upgrades

June 14, 2018
  • Underscores Unique Position to Help Meet Growing Electricity Needs Around the World
  • HA is the Fastest Growing Fleet of Gas Turbines in the World with 76 Units Ordered by 25+ Customers across 15+ Countries-26th Unit Entering Commercial Operation
  • New Additive Technology MXL2 Upgrade Offers Power Producers up to $3 Million of Additional Revenue and up to $2 Million in Fuel Savings Annually

GREENVILLE, S.C.-June 14, 2018-GE Power (NYSE: GE) today announced a gr


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GE Introduces New Femto DLynx II Buck Converters with Company's Smallest-to-Date Footprint

June 12, 2018
  • GE’s FKX003 and FKX006 Converters Provide a Small, Complete Module in a Footprint of Only 6.76 Millimeter (mm) by 9 mm
  • New Femto DLynx IITM Buck Converters Available in 3-Ampere (A) and 6-A Modules
  • Small Footprint Frees up Valuable Board Space

 


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