Custom Fleet, the Australian fleet leasing and management division of GE Capital, and FleetCor Technologies, Inc., a global leader in fuel card payment technology and program management, today announced a long term arrangement to provide an enhanced fuel card offering in Australia.
Australia, 21 March 2013: GE welcomes the Australian Government's commitment to stabilise the bipartisan 2020 Renewable Energy Target (RET).
GE Renewables Asia-Pacific Leader, Peter Cowling, said the Government's commitment to implement the Climate Change Authority's findings - including the 41,000GWh 2020 Large-scale RET as passed by both Houses before the last election - would provide investment certainty and drive downward pressure on wholesale electricity prices.
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GE Capital Australia's Commercial Finance business has entered into an agreement to acquire the business of Allianz Finance Pty Ltd, Allianz Australia's $400 million debtor finance book.
The acquisition will increase GE Capital's Commercial Finance client base, and deliver greater scale and geographic diversity for its asset-backed lending portfolio.
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US$620 million, 22-year, Contractual Service Agreement for LNG Plant on Curtis Island
World's First Facility to Turn Coal Seam Gas into LNG
Advanced technology services key to long-term plant reliability
BRISBANE, AUSTRALIA --March 19, 2013 --GE Oil & Gas has received a $620 million, 22-year Contractual Service Agreement (CSA) to provide advanced technology services for Queensland Gas Company's (QGC) LNG plant on Curtis Island off the east coast of Australia, near Gladstone.
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Five A&NZ entrepreneurs awarded $100,000 each for breakthrough low-carbon solutions
Sydney, Australia: Five homegrown low-carbon innovations have been announced winners of GE's first ever ecomagination Challenge in Australia and New Zealand.
The winners were presented with $100,000 each by Jeff Immelt, GE Chairman and CEO, and Steve Sargent, President and CEO GE Australia & New Zealand, at an event in Sydney last night.
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Profitability and turnover among New Zealand medium-sized businesses increased in the 2011 financial year, according to the latest GE Capital Mid-Market report released today.
The Prime Minister, Rt Hon John Key, joined GE Capital in Auckland to launch the latest report, entitled Inside the Mid-Market, which reports on the outlook of the Mid-Market (defined as businesses generating between $2million and $50million in annual revenue) in New Zealand and key trends.
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Australian medium-sized businesses are the most confident business sector about their prospects for growth, despite the uncertain economic environment, according to the latest GE Capital Mid-Market CFO sentiment survey released today.
Australian medium-sized businesses are the most confident business sector about their prospects for growth, despite the uncertain economic environment, according to the latest GE Capital Mid-Market CFO sentiment survey released today.
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Australia, 31 January 2013: Australia has improved its global ranking as an innovation leader, according to the GE Innovation Barometer report released today.
Out of the 25 countries surveyed, the report revealed that Australia has moved from 16th place in 2012 to 13th place in 2013 as an innovative economy - ranking ahead of growth markets such as Russia and Brazil, but still lagging behind established innovation leaders like the USA, Germany and Japan.
The report, conducted by independent market research firm Strategy One, reveals that:
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GE announced fourth-quarter 2012 operating earnings of $4.7 billion, or $0.44 per share, both up 13% from the fourth quarter of 2011.
Please click here to read the rest of the press release, in English.
Corporate Communications
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