GE Capital today announced it had provided McWilliam's Wines Group Ltd, one of the largest wine companies in Australia, with a $55 million financing facility.
The five-year facility provides McWilliam's Wine Group scope to grow and to further consolidate its position as an end-to-end wine business spanning grape sourcing, winemaking and sales to major retailers, wholesalers and consumers across Australia and globally.
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GE Transportation, a unit of GE (NYSE:GE) and one of the world's leading suppliers to the mining industry, celebrated a significant milestone today with the roll out of its 500th Minecruiser vehicle. An Mk7.0 TIER 3 Minecruiser, the latest version of the top-performing underground coal mining transporters, will be delivered to Centennial Coal, which fields 24 of the vehicles.
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GE today announced it had been awarded a contract with its consortium partner, Downer EDI Limited, to supply turbines, build and maintain the $350 million Boco Rock wind farm in New South Wales.
Upon completion, the wind farm will comprise 67 turbines located just outside of Nimmitabel, in the New South Wales Snowy Mountains region. The project is permitted for potential future expansion to 121 turbines.