Funds debt refinancing and capital expenditures
SCOTTSDALE, Ariz.--08 March 2011-- GE Capital, Franchise Finance provided $13.2 million in financing to Ponder Enterprises, Inc., one of Hardee's largest franchise operators The credit facility, consisting of an $11.2 million term loan and a $2 million development line of credit, is being used to refinance existing debt and fund capital expenditures.
NEW YORK and MADRID, March 4, 2011---The financing of México's largest cogeneration power plant---owned by GE Energy Financial Services, a unit of GE (NYSE:GE), and Abengoa (MCE: ABG.MC)---has been named Overall Latin American and Latin American Power Deal of the Year by Project Finance magazine.
Plainville, CT -- March 3, 2011 --GE (NYSE: GE) announced today it will host an electric vehicle experience tour in seven U.S. cities that will bring GE experts together with local businesses, industry leaders, and public sector stakeholders for educational workshops, test drives, and dialogue on the business case for EV ecosystems.
* Nearly one in five (18%) of UK SMEs believe they have missed a business opportunity in the past year
* Nearly half (43%) of SME owners believe that it will be more challenging to get funding in the next year as a result of recent changes in the credit markets
UK SMEs are missing out on business opportunities totaling close to £29.4bn¹ due to a lack of funding.
LONDON, UK -- 03 March 2011: GE Capital announced today that it has provided Targus Europe Limited with £13 million financing facility. The facility will be used to support the businesses' on-going growth strategy in the UK.
NORWALK, Conn.--02 March 2011-- GE Capital announced today that Mark Begor has been named president and CEO of GE Capital Real Estate, a diversified commercial real estate finance and investment firm. Margaret Keane has been promoted and will replace Begor as president and CEO for the U.S. Consumer Retail Finance business, consisting of the Retail Consumer Finance (RCF) and Sales Finance businesses.
VANCOUVER, BC -- March 2, 2011 --- Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), have achieved commercial operations at their second major renewable energy project, British Columbia's largest wind farm, a major milestone in their growth collaboration. The Dokie Wind project is now fully operational, providing clean energy to BC Hydro under a 25-year Electricity Purchase Agreement (EPA).
SHANNON, Ireland, March1, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced a purchase and leaseback transaction for two new Airbus A320-200s with NIKI Luftfahrt GmbH (flyNiki). The aircraft come from flyNiki's existing order book with Airbus and were delivered in early February.
Dan Whitney
GE Capital Aviation Services
[email protected]
203-585-2268
203-300-8707
Announcement in advance of OPEESA Annual Meeting extends repayment terms by 60 days
HOFFMAN ESTATES, IL -- GE Capital's Commercial Distribution Finance (CDF) business today announced a new financing program for outdoor power equipment dealers in advance of the Outdoor Power Equipment and Engine Service Association (OPEESA) Annual Meeting in Palm Beach, FL Feb. 27-March 2. The new offering, called "Extra 60," will add 60 days to standard supplier financing terms. The programs are designed to help spur industry growth as the economy continues to recover.
