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Press Release

Commercial Distribution Finance Extends Dealer Financing Agreement with Wright Manufacturing, Inc.

August 18, 2015

CHICAGO - Commercial Distribution Finance (CDF), a business of GE Capital, announced today that it has extended its inventory financing agreement with Wright Manufacturing, Inc., a producer of commercial lawn mowers. The financing will be used for its network of dealers and distributors to stock its products.

Founded in 1981, Wright invented the stand-on lawn mower and manufactures a complete line of commercial stand-on, walk behind and mid-mount zero turn mowers that are distributed world-wide. Wright is headquartered in Frederick, MD and has been a CDF customer since 2003.

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GE-Led Consortium Wins Manitoba Hydro Contract to Replace Substation in Winnipeg

August 11, 2015

·         GE-Led Consortium to Build New 66-kilovolt Adelaide Street Substation in Downtown Winnipeg

·         Project is Part of Utility’s Plans to Upgrade or Replace 20 City Substations over 10 to 12 Years

·         Manitoba Hydro Contract Marks First Substation Order for GE’s Digital Energy Business in Canada

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GE Upgrades to UK Power Plant to Help Increase the Site's Energy Output and Competitiveness While Reducing Costs

August 11, 2015
  • Upgrades to Sutton Bridge Power Station to Increase Flexibility in Responding to Regional Power Demands
  • The Technology is Expected to Boost the Plant’s Performance Including a 3.4 Percent Increase in Megawatt Output and a 1 Percent Efficiency Improvement While Reducing Its Startup Times
  • First 9FA Advanced Gas Path Upgrade in the UK

LINCOLNSHIRE, U.K.-August 11, 2015-Calon Energy has selected GE (NYSE: GE) to upgrade its Sutton Bridge Power Station in Lincolnshire with a broad range of hardware

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Press Release

Commercial Distribution Finance Renews Inventory Finance Program with Generac Power Systems, Inc.

August 11, 2015

CHICAGO -  Commercial Distribution Finance (CDF), a business of GE Capital, announced today that it has renewed its strategic inventory finance program with generator manufacturer Generac Power Systems, Inc. The funding will be used to stock Generac’s network of independent dealers with its products.

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Commercial Distribution Finance And Brunswick Corporation Renew Marine Dealer Financing Through 2019

August 06, 2015

CHICAGO - Commercial Distribution Finance (CDF), a division of GE Capital, announced today that its joint inventory-financing venture with Brunswick Corporation,  Brunswick Acceptance Company (BAC), has been extended through 2019.

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GE's 2.75-120 Wind Turbine Scheduled to Make French Debut

August 05, 2015
  • Velocita Energies Selects GE Turbines to Power New Monts du Lomont Wind Farm in Franche-Comté, France
  • First Project in France to Use the 2.75-120 Turbine, a Unit for Low-Wind Regions
  • Installation Will Contribute to Region’s Objective of Harnessing 600 Megawatts of Wind Power by 2020

SCHENECTADY, N.Y.-AUGUST 5, 2015-GE (NYSE: GE) today announced its 2.75-120 wind turbines will be used in a new wind farm project near Crosey Le Grand, in the Franche Comté region of France.

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GE Announces HOERBIGER Russia as Waukesha Gas Engines Distributor

August 05, 2015
  • GE Appoints HOERBIGER Russia as an Authorized Waukesha Gas Engines Distributor for Sales and Services
  • HOERBIGER to Support Russia’s Growing Use of Waukesha Gas Engines for Oil and Gas Production and Other Industrial On-Site Power Projects
  • Agreement Greatly Strengthens the Service Network for Waukesha End Users in Russia  

MOSCOW-August 5, 2015-GE (NYSE: GE) today announced it has appointed HOERBIGER (Russia) Ltd (HOERBIGER Russia) as an authorized distributor of Wa

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GE Powers And Propels The Next Generation Of UK Navy Vessels

August 05, 2015
  • GE Marine has been awarded the contract to supply electrical power and propulsion to the Type 26 Global Combat Ships for the UK Ministry of Defence (MOD)
  • These vessels will benefit from a robust, low-noise and efficient solution built on GE’s proven naval design
  • GE Marine will utilise its Marine Power Test Facility to provide enhanced testing to help de- risk the programme,  through lifetime training and support

London - 5 August

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GE Announces Predix Cloud - The World's First Cloud Service Built for Industrial Data and Analytics

August 05, 2015

NEW YORK - August 5, 2015 - As a digital industrial company focused on answering the unique needs and scale of customers across aviation, energy, healthcare and transportation, GE has announced plans to enter the cloud services market with Predix Cloud. The world’s first and only cloud solution designed specifically for industrial data and analytics, this platform-as-a-service (PaaS) will capture and analyze the unique volume, velocity and variety of machine data within a highly secure, industrial-strength cloud environment.

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GE Announces Clarke Energy as Waukesha Distributor in Australia

August 04, 2015
  • GE Appoints Clarke Energy as Waukesha Gas Engines Distributor in Australia
  • Agreement to Enable Both Companies to Expand Presence in Australia’s Mineral Resources, Power and Oil and Gas Industries, Building upon Clarke Energy and GE’s Successful Australian Track Record
  • Waukesha Units to Support Mechanical Drive, Gas Compression and Power Generation Needs

ADELAIDE, AUSTRALIA-August 4, 2015-Seeking to further expand its Waukesha gas engine sales presence in Australia’s mineral and oil and gas sectors, GE (NYSE: GE) today announced Cl

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