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Press Release

GE Announces Early Participation Results, Upsizing and the Accepted Tender Amounts for its Debt Tender Offers: Expects to Repurchase $7B

June 08, 2021
  • Represents continued action on deleveraging plan to strengthen balance sheet and achieve <2.5X Net Debt to EBITDA target
  • Including today’s announcement, actions taken to date have reduced gross debt by approximately $50B since the end of 2018
  • Continue to evaluate potential deleveraging actions based on economics, deleveraging impact, risk mitigation and optimal capital structure

Early Participation results:


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Press Release

GE Healthcare and the American College of Cardiology Join Forces to Advance AI in Cardiac Care

June 03, 2021

CHICAGO (June 3, 2021) - GE Healthcare is collaborating with the American College of Cardiology (ACC) through support of and participation in the ACC’s Applied Health Innovation Consortium for the purpose of building a roadmap for Artificial Intelligence (AI) and digital technology in cardiology and developing new strategies for improved health outcomes.

For media inquiries, please contact:

Holly Roloff
Communications Director
GE Healthcare
+1-414-429-6998
holly.roloff@ge.com
America/Chicago

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Press Release

Digital Smelter from GE Digital Optimizes Energy Usage and New Revenue Opportunities with Smelting Digital Twins

June 02, 2021
  • Software solution reduces raw material consumption with prescriptive analytics, prevents unplanned downtime, and helps to avoid hazardous events
  • Dashboards and visualization help drive operational excellence showing productivity and efficiency of pot lines across the plant

SAN RAMON, Calif.

For media inquiries, please contact:

Ellie Holman
Product & Technology Communications
GE Digital
Ellie.Holman@ge.com
America/New_York

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Press Release

Independent Report Highlights Economic Benefits of Deployment of GE Hitachi’s Small Modular Reactor Technology in Canada

June 01, 2021

Report by PwC Canada finds that GE is positioned to help Canada become a global SMR leader  

TORONTO—June 1, 2021—An independent report by PwC Canada, commissioned by GE Hitachi Nuclear Energy (GEH), estimates the potential economic benefits that would result from job creation, local supply chain development, manufacturing, construction, operation and tax revenue generated by the deployment of BWRX-300 small modular reactors in Canada and the potential export of this technology worldwide. 


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Press Release

Independent Report Highlights Economic Benefits of Deployment of GE Hitachi’s Small Modular Reactor Technology in Canada

June 01, 2021

Report by PwC Canada finds that GE is positioned to help Canada become a global SMR leader  

TORONTO—June 1, 2021—An independent report by PwC Canada, commissioned by GE Hitachi Nuclear Energy (GEH), estimates the potential economic benefits that would result from job creation, local supply chain development, manufacturing, construction, operation and tax revenue generated by the deployment of BWRX-300 small modular reactors in Canada and the potential export of this technology worldwide. 

For media inquiries, please contact:

Jon Allen
GE Vernova
+1 910 819 2581
jonathan.allen1@ge.com

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Press Release

GE Healthcare, NSIA and IFC Partner to Strengthen Medical Equipment Financing Support Across Africa

May 28, 2021

Johannesburg, South Africa, May 28, 2021—To help small businesses in Africa’s health sector strengthen their response to COVID-19 and other pressing healthcare challenges, GE Healthcare and NSIA Banque Côte d’Ivoire have partnered with IFC’s Africa Medical Equipment Facility to support healthcare providers in Cameroon, Côte d’Ivoire, Kenya, Rwanda, Senegal, Tanzania, and Uganda access essential medical equipment.

For media inquiries, please contact:

Devon Maylie
IFC
+27 (83) 782 9912
dmaylie@ifc.org
Delphine Benoit
Communications Director, EMEA
GE Healthcare
+33 6 29 30 00 74
delphine.benoit@ge.com

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Press Release

GE Renewable Energy wins one of the Largest Onshore Wind Contracts in South-east Asia

May 27, 2021

Contract signed with BIM Wind JSC, a joint venture company between Philippines AC Energy and Vietnam BIM Energy Holding for an 88 MW wind farm

For media inquiries, please contact:

Antoine Balas
Communications, Onshore Wind
GE Vernova
+33 6 89 69 41 10
antoine.balas@ge.com
Irene Maranan
Head – Corporate Communications and Sustainability
AC Energy
+63 917.5298339
maranan.is@acenergy.com.ph

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Press Release

GE to Deliver Cypress Turbines for 88 MW Onshore Wind Farm in Finland Acquired by Foresight Energy Infrastructure Partners

May 26, 2021
  • GE Renewable Energy secures another win for its Cypress platform in the Nordics, and will supply 16 of its 5.5 MW-158 Cypress turbines to the Puskakorpi wind farm
  • Foresight Energy Infrastructure Partners acquires the project from co-development partners Smart Windpower, Mincovest and GE Renewable Energy
  • Societe Generale selected by GE Energy Financial Services to provide long-term project finance debt
  • Corporate Power Purchase Agreement secured with a global technology provider as offtaker

Paris,

For media inquiries, please contact:

Antoine Balas
Communications, Onshore Wind
GE Vernova
+33 6 89 69 41 10
antoine.balas@ge.com
Arti Mohan
Media Relations, Electrification Software
GE Vernova
+44 7468 351586
arti.mohan@ge.com
Robert Woolley
Foresight Group
+44 7557 885 044
RWoolley@ForesightGroup.eu
Thomas Alexandre
Societe Generale
+33 1 42 13 34 37
thomas.alexandre@socgen.com

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Press Release

GE Renewable Energy to Equip VERBUND’S Reisseck II+ Pumped Hydro Storage Power Plant

May 26, 2021
  • GE Renewable Energy to provide one 45 MW horizonal generator
  • From 2023, the new pumped hydro storage power plant will support the integration of wind and photovoltaic systems in Austria
  • Following Malta Oberstufe, Reisseck II is VERBUND’s second fully-fed variable speed pumped hydro storage power plant in Austria equipped by GE Hydro

Paris, May 26, 2021 – GE Renewable Energy announced today that it has been selected by VERBUND – Austria’s largest electricity producer - to supply and commission one 45 MW g

For media inquiries, please contact:

Waldemar Oldenburger
Communications, Hydro Solutions
GE Renewable Energy
+49 172 631 22 34
waldemar.oldenburger@ge.com

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Press Release

GE Partners with #GMIS2021 to Explore the Benefits of Digitization, Lean Production, and Safety to Global Manufacturing

May 25, 2021

DUBAI, UAE – GE (NYSE:GE) and the Global Manufacturing and Industrialisation Summit (GMIS) have announced a partnership to explore the role of digitization, lean manufacturing, and workplace safety to support the transformation of manufacturing and economic regeneration both in the United Arab Emirates and globally.

For media inquiries, please contact:

Kirsten Kutz
Kirsten.Kutz@ge.com

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