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Press Release

GE Renewable Energy announces a breakthrough in hydropower turbine condition assessment

May 25, 2021
  • GE Renewable Energy introduces a new underwater robotized hydropower turbine inspection solution able to inspect between the runner blades of a turbine, a first of its kind in the hydropower condition assessment field
  • This hydropower assessment solution reduces cost, inspection risks and outage time by 95%
  • GE Renewable Energy’s breakthrough inspection solution assesses the health of a hydropower turbine within a couple of hours with a level of quality similar to a dewatered visual inspection
  • This new inspection solution wil

    For media inquiries, please contact:

    Emilie Pervin
    Hydro, Communications
    GE Renewable Energy
    +33 6 28 31 74 13
    [email protected]

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Press Release

GE Announces Launch of Debt Tender Offers

May 24, 2021
GE Announces Tender Offers to Purchase: (1) Any and All of the Notes Listed in Table I Below, (2) Up to $1,000,000,000 Aggregate Purchase Price of the GE Capital Notes Listed in Table II Below, and (3) Up to $1,000,000,000 Aggregate Purchase Price of the GE Company Notes Listed in Table III Below •Next step in previously announced deleveraging plan to strengthen balance sheet and achieve <2.5X Net Debt to EBITDA target. •Since end of ’18, reduced gross debt by $43B … post close of the GECAS/AerCap transaction, expect to reduce debt by >$70B. •Continue to evaluate potential deleveraging actions based on economics, deleveraging impact, risk mitigation and optimal capital structure.

For media inquiries, please contact:

Mathilde Milch
347.267.6821
[email protected]
Tara DiJulio
Senior Executive Director, Global Corporate Communications
GE
+1 202 213 6855
[email protected]
Steve Winoker
Vice President, Investor Relations
GE
+1 617 443 3400
[email protected]

business unit
Press Release

Qatalum Signs Agreement with GE to Generate More Sustainable & Secure Power in Support of Qatar National Vision 2030

May 24, 2021
  • GE to provide five Advanced Gas Path (AGP) upgrade units, maintenance services for 15 years, and cybersecurity solutions for 5 years to Qatalum.
  • Agreement marks the first time that the AGP solution will be deployed in Qatar.
  • Solutions and services provided will help Qatalum to enhance operational performance and sustainability, in line with the goal under Qatar National Vision 2030 to foster economic development, while protecting the environment.

 


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GE ANNOUNCES CHANGE TO SENIOR LEADERSHIP TEAM

May 21, 2021
Scott Strazik to take on expanded responsibility of leading GE Power, Dan Janki to leave GE and join Delta Air Lines

For media inquiries, please contact:

Mathilde Milch
347.267.6821
[email protected]
Steve Winoker
Vice President, Investor Relations
GE
+1 617 443 3400
[email protected]

business unit
Press Release

GE Digital Receives Highest Score for Continuous Process Manufacturing Use Case in 2021 Gartner Critical Capabilities for Manufacturing Execution Systems Report

May 20, 2021
  • Report details how Manufacturing Execution Systems (MES) are foundational to smart factories and digital manufacturing
  • GE Digital among the four highest vendors across all use cases; second in Batch / Repetitive Flow Manufacturing and Highly Regulated Industries Use Cases

 

For media inquiries, please contact:

Rachael Van Reen
Director, External Communications, Digital
GE Vernova
+1 678 896 6754
[email protected]

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Press Release

GE Foundation Grants Help Communities in India Combat COVID-19

May 19, 2021
US$600,000 in Grants to Fund Intensive Treatment Units and Oxygen Concentrators for Communities in Need

For media inquiries, please contact:

Jeff Caywood
Director, Sustainability & Headquarters Communications
GE
+1 857 337 4101
+1 617 443 2993
[email protected]
Gayatri Rath
Communications, South Asia
GE
+91 98736 91843
[email protected]
Diana Maquire
Americares
[email protected]
Rajesh Krishnan
United Way Bengaluru
[email protected]

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Press Release

GE Announces 302 MW Agreement with Lincoln Land Wind

May 19, 2021
  • Agreement includes 107 GE 2.82-127 turbines and 20-year FSA
  • Project to be completed by the end of 2021
  • GE and Ares have announced more than 800 MW together over the last 12 months

Schenectady, NY, May 19, 2021: GE Renewable Energy announced today that it has been selected to provide 107 of GE’s 2.82-127 onshore wind turbines for the 302 MW Lincoln Land Wind project in Morgan County, IL.

For media inquiries, please contact:

Becky Norton
Communications Leader, Electrification Software
GE Vernova
+1 518 522 8832
[email protected]
Bill Mendel
Mendel Communications, for Ares Management Corporation
+1 212 397 1030
[email protected]
Carl Drake
Ares Management Corporation
+1 888 818 5298
[email protected]
Priscila Roney
Ares Management Corporation
+1 212 808 1185
[email protected]

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Press Release

GE Renewable Energy Awarded Contract for New Build Tauernmoos Pumped Hydro Storage Power Plant

May 18, 2021
  • GE Renewable Energy to provide two 85 MW variable speed pumped storage units.
  • Tauernmoos is one of the first new build pumped hydro storage units worldwide to feature fully-fed variable speed technology
  • Operated by the Austrian Railway Company ÖBB, Tauernmoos will be a cornerstone for a sustainable, demand-oriented supply of traction power from hydropower

Paris, May 18, 2021 – GE Renewable Energy announced today that it has been selected by the Austrian National Railway Operator, ÖBB, to supply and co

For media inquiries, please contact:

Waldemar Oldenburger
Communications, Hydro Solutions
GE Renewable Energy
+49 172 631 22 34
[email protected]

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GE Renewable Energy finalizes contracts for third phase of Dogger Bank offshore wind farm

May 18, 2021
  • GE to provide 87 Haliade-X 14 MW for Dogger Bank C, the third and final phase of the Dogger Bank offshore wind farm
  • The Turbine Supply contract represents the first commercial commitment for the Haliade-X 14 MW
  • Turbine installation will begin in 2025 ahead of overall wind farm completion in 2026
  • GE expects to create up to approximately 300 skilled jobs for the execution of the three consecutive phases of Dogger Bank Offshore Wind Farm

London, May 18, 2021 – GE Renewable Energy announced today it has finalized the Turbine S

For media inquiries, please contact:

Sebastien Duchamp
Communications Director
GE Renewable Energy
+33 6 73 19 59 64
[email protected]

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Ultra-High-Field MRI Combines Forces with Artificial Intelligence: AIR Recon DL Receives FDA 510(k) Clearance on SIGNA 7.0T

May 13, 2021
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