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GE And Statoil Launch Ambitious New Collaboration To Accelerate Development Of Sustainable Energy Solutions

January 28, 2015

Joint technology-focused program to pursue industrial solutions designed to reduce environmental impact of oil and gas production

 

Companies launch an Open Innovation Challenge seeking solutions which can improve the use of sand in onshore operations

 

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GE Capital Provides $400 Million to Fund Constellium's Acquisition of Wise Metals

January 28, 2015

CHICAGO -  GE Capital, Corporate Finance today announced it is providing a $400 million credit facility to help fund the acquisition of Wise Metals Intermediate Holdings LLC (Wise) by Constellium N.V. (NYSE and Euronext: CSTM), a global producer of aluminum products. Wise is North America’s third-leading producer of aluminum can sheet for the beverage industry. GE Capital Markets served as lead arranger and joint bookrunner on the facility.

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GE and Fincantieri Shipyard Successfully Delivered the Diadema Cruise Ship, Marking Ten-Year Partnership with the Carnival Corporation

January 27, 2015
  • GE’s Continuous Efforts in Improving Technology Provided to Cruise Ships Ensure GE’s Solutions Stand the Test of Time
  • The Electric Power and Propulsion System Optimizes Fuel Consumption and Reliability of  Ship Operation
  • GE’s  Advanced Technology Provides a Pleasant Journey for Cruise Passengers

PARIS - 27 January - Chosen repeatedly for more than 10 years by Fincantieri shipyard to equip in-board propulsion for Carnival and Costa vessels, GE’s Power Conversion business has helped the shipyard successfully deliver the Costa Diade

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New GE DC-DC Converters Offer Industry-Leading Efficiency in Reduced Footprint

January 26, 2015
  • Converters Capable of Operating at 93 Percent Efficiency at Full Load and a Nominal Output Voltage
  • Minimal Footprint Enables Greater Flexibility for Board-Level Power System Designers 

DALLAS - Jan.

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Huaneng Selects GE's Brilliant 2.75-120 Wind Turbines for Chinese Wind Farm

January 26, 2015
  • Huaneng Renewables signs deal for 55 GE 2.75-120 brilliant wind turbines
  • 151 megawatts (MW) of wind power to be installed in Yunnan province, assisting China in meeting larger renewable energy production targets
  • Largest wind deal for GE in China to date

BEIJING-January 26, 2015-GE (NYSE: GE) today announced it will supply one of the world’s largest power generation companies-China’s Huaneng Corporation-with 55 units of GE 2.75-120 brilliant wind

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Global Nuclear Fuel Awarded $100 Million-Plus Lifetime Contract for Fuel Reloads at Cooper Nuclear Station

January 26, 2015

Company Set to Supply Fuel for the Entire 60-year Life of the Plant

WILMINGTON, NC-Jan. 26, 2015- Global Nuclear Fuel (GNF), a joint venture majority owned by GE, today announced that it has been selected by Nebraska Public Power District (NPPD) to continue to provide fuel reloads for the Cooper Nuclear Station. The fuel supply contract runs through January 2034 and includes nine reloads that will potentially provide fuel to the 810 megawatt boiling water reactor during its remaining lifetime. The total value of the contract is more than $100 million.

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GE Capital Fleet Services Names Eric Stanley as Managing Director

January 26, 2015

Eden Prairie, Minn. - GE Capital Fleet Services today announced that it has named Eric Stanley as Managing Director, Southeast Region, based in Atlanta.

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GE's Power Conversion Business Helps Meet Rising Demand for Water and Electricity in Saudi Arabia at Yanbu 3 Power and Desalination Plant

January 26, 2015
  • GE’s Power Conversion Business provides boiler feed pump motors and medium voltage drives for Saline Water Conversion Corporation (SWCC) site to Engineering, Procurement and Construction provider Al-Toukhi and pump manufacturer KSB
  • Electrical Variable Speed Drives system offers operators with greater flexibility, reliability and lower maintenance costs
  • GE’s strong Middle East customer service capability was a key factor in winning the order

Jeddah, Saudi Arabia - January 26, 2014 - GE’s Power Conversion business

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Fourth Quarter 2014 Earnings

January 23, 2015

GE announced fourth-quarter 2014 operating earnings of $5.6 billion, with operating earnings per share of $0.56, up 6% from the fourth quarter of 2013.

Please click here to read the rest of the press release, in English.

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Company-owned Fleets Challenged by Capital Expenditure Limitations, Escalating Total Costs

January 20, 2015

Safety, regulatory compliance and rising maintenance costs cited as key concerns across all fleets

 

Eden Prairie, Minn. -  According to a study released today by GE Capital Fleet Services, companies that own their vehicle fleets report that they are challenged by capital expenditure limitations and the total cost of ownership of their fleets. 

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