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Press Release

GE Capital, Nrg Energy, Conocophillips, Form Joint Venture To Accelerate Emerging Energy Technology

January 27, 2011

STAMFORD, CONN., PRINCETON, NJ, and HOUSTON, Jan. 27, 2011 -- Three major American energy corporations -- GE (NYSE: GE), NRG Energy, Inc. (NYSE: NRG) and ConocoPhillips (NYSE: COP) -- are joining forces to become the premier investor and commercial collaboration partner for emerging and innovative energy technology companies. The companies have committed $300 million in capital to the new joint venture, Energy Technology Ventures, to fund approximately 30 venture- and growth-stage companies over the next four years.


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Press Release

GE Capital Fleet Services Identifies $326 Million in Cost Savings for Customers in 2010

January 25, 2011

Eden Prairie, Minn. -- January 25, 2011 -- GE Capital Fleet Services today announced full-year results of identified customer cost savings in 2010. The total amount of identified savings for 2010 was $326 million, with the company-leased versus company-owned vehicles yielding the highest cost savings of more than $68 million.


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Press Release

GE Capital Aviation Services orders 12 A330 Aircraft

January 24, 2011

STAMFORD, CONN, JANUARY 24, 2011 --- GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE], has signed a firm order for 12 additional long-range A330-300 aircraft. This new order brings the total number of A330s ordered by GECAS to 32.

"This order adds to our existing portfolio of A330 aircraft," said Norman C. T. Liu, GECAS President and CEO. "A key part of our strategy is to expand our wide-body product offerings to satisfy customer demand."


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Press Release

GE Capital Aviation Services encarga 12 Airbus A330

January 24, 2011

Continúa el éxito de la familia de larga distancia A330 de Airbus.

GE Capital Aviation Services (GECAS), la compañía de leasing y financiación de General Electric [NYSE: GE], ha firmado un pedido de 12 aviones de larga distancia A330-300. Este nuevo pedido, el número total de A330 encargados por GECAS asciende a 32.

"Este nuevo pedido se suma a nuestra cartera de aviones A330", declaró Norman C. T. Liu, presidente y CEO de GECAS. "Una parte clave de nuestra estrategia es ampliar nuestra oferta de aviones de fuselaje ancho para satisfacer las demandas de los clientes".


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Press Release

Expamet Building Products Receives £8.35 Million Funding From GE Capital

January 24, 2011

GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided Expamet Building Products with financing facilities of £8.35million which will be used to help the future growth plans of the business. These financing facilities comprise invoice discounting, inventory and plant and machinery loans.


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Speciality Coatings (darwen) Limited Receives £7m Funding From GE Capital

January 24, 2011

GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided Speciality Coatings (Darwen) Limited (SCDL) with financing facilities of £7M, to support the company's growth and expansion into new markets.


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GE CAPITAL STUDY SAYS UK SMEs OFTEN LIVE 'ON THE BREADLINE' WITH LITTLE CASH TO COVER EMERGENCIES

January 24, 2011

Over 27,500 UK SMEs* have just a small amount of cash to cover urgent situations.

Over half (54 per cent) of SME owners believe the market is extremely or relatively competitive in providing financial services to their businesses.


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GE Capital Retail Consumer Finance announces new agreement to provide Credit Card program for The TJX Companies, Inc.

January 19, 2011

New long term agreement will broaden US retail card business and accelerate growth in core US business for GE Capital


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GE Capital, Franchise Finance Provides $15.3 Million to Paradigm Investment Group, LLC, Hardee's® Franchisee

January 19, 2011

Funds Allow for Refinancing and Growth Development

SCOTTSDALE, Ariz.--19 January 2011-- GE Capital, Franchise Finance announced today that it is providing $15.3 million in financing to a large Hardee's® franchisee, Paradigm Investment Group, LLC. The credit facility includes a $10.3 million term loan and a $5 million development line of credit.


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GE Capital Aviation Services Delivers New Airbus A320s to Virgin America

January 19, 2011

STAMFORD, Conn., January 19, 2011 -- GE Capital Aviation Services Inc. (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320 aircraft to Virgin America. Virgin America is a new U.S. airline that continues to experience significant growth with the addition of four new destinations in 2010.


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