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Press Release

GE Gas Engine Technology Chosen for Distributed Power Generation Projects in Pennsylvania

August 13, 2014

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Lorenzo Simonelli: Fostering a More Sustainable Africa

Lorenzo Simonelli GE
August 12, 2014
Following the U.S.-Africa Leaders Summit last week, all eyes are turned to Africa, one of the world’s fastest-growing regions. As economic reports predict acceleration in growth, the sustainability of this growth is becoming an increasingly pressing issue.
 
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Lorraine Bolsinger: Overcoming Africa’s Power Challenges…Together

Lorraine Bolsinger GE
August 11, 2014
Africa is home to 12 of the 20 fastest-growing economies; its strong manufacturing, services and technology sectors are fueling economies around the globe. Africa is achieving these successes without being able to make full use of all its resources because access to electricity is still lacking in many areas.
 
Press Release

Competitive Power Ventures, Marubeni Corporation & Toyota Tsusho Close Financing of $775 Million CPV St. Charles Energy Center in Maryland

August 08, 2014

GE to Provide Financing,Technology,Services for 725-MW Natural Gas-Powered Combined-Cycle Facility

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Todd Moss and Beth Schwanke: Closing Africa’s Energy Poverty Gap

Todd Moss Center For Global Development
Beth Schwanke Center For Global Development
August 08, 2014
Two out of three people in Sub-Saharan Africa—that’s nearly 600 million people—live today without access to electricity. As incomes and economies grow in Africa, and they are both growing quickly, this will generate massive demand for power access. This is a huge opportunity for Africans to pull themselves out of poverty and a substantial business opportunity that the United States can’t afford to ignore. And right now is the moment to do something about it.
 
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America’s Tentative Embrace of Africa as Investment Partner

August 07, 2014
Africa is ascendant, but when will America recognize it?
 

Africa’s economic outlook as a whole presents one of the most promising growth stories of anywhere in the world, yet the U.S. remains under-invested in the continent relative to other regions. When you read a headline about Africa in the paper, it’s still more likely to talk about conflict or disease than opportunity.
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Shari Berenbach: Bringing Energy to Africa’s Rural Underserved

Shari Berenbach U S African Development Foundation
August 07, 2014
For many of us, it’s difficult to imagine life without access to electricity — and harder still to consider the many ways that energy transforms our daily lives.
 
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Perspectives

Powering Africa: Q&A with Andrew M. Herscowitz

Andrew M Herscowitz Power Africa
August 06, 2014
A little over a year after President Obama announced the initiative to help “plug Africa into the grid of the global economy” by doubling the number of people on the continent with access to electricity, Power Africa is already a high-voltage operation.
 
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Press Release

GE's Distributed Power on-Site Technologies Supporting Algeria's Soaring Energy Needs

August 05, 2014

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Press Release

GE Energy Financial Services and Casillas Petroleum Partner to Acquire Oil & Gas Reserves in Kansas

August 05, 2014

TULSA, OK -- Aug. 5, 2014 - GE unit (NYSE: GE) GE Energy Financial Services has partnered with Casillas Petroleum Corp. to purchase oil and gas reserves in southwest Kansas from Cimarex Energy Co. (NYSE: XEC). The purchase marks the first collaboration between GE and Casillas Petroleum. Financial details were not disclosed.

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