EDEN PRAIRIE, Minn.--22 November 2010-- GE Capital Fleet Services today announced results of a recent study which shows that customers enrolled in its Maintenance Management Program realize significant repair cost savings when utilizing GE's maintenance managed network dealerships.
Melbourne: GE Money has announced that following the latest increase in the Reserve Bank of Australia official cash rate of 25 basis points it will increase home loan variable interest rates by 25 basis points for mortgages previously sold through third party mortgage managers, brokers and other introducers and AMS (previously Wizard) in Australia.
The rate change is effective Wednesday, 17 November 2010.
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MUMBAI, November 19, 2010 -- GE Capital Aviation Services Ltd. (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new Airbus A320 aircraft to IndiGo Airlines. IndiGo Airlines currently operates a fleet of 30 Airbus A320 aircraft to 22 destinations in India.
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NORWALK, Conn.--18 November 2010-- GE Capital, Corporate Finance today announced it is agent for a $120 million asset-based credit facility to Huttig Building Products, Inc., a leading domestic distributor of millwork, building materials and wood products. The loan refinances an existing credit facility and will be used to support working capital needs. GE Capital Markets served as co-lead arranger. GE also provides the company with equipment lease financing.
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Camarillo, Calif. -- November 17, 2010 -- GE Energy Financial Services, a unit of GE (NYSE: GE), has joined an $8 million funding round for CoolPlanetBioFuels, a start-up company developing a technology that converts low-grade biomass into high-grade fuel and carbon that can be sequestered. This venture capital investment was led by North Bridge Venture Partners, which had also led CoolPlanet's financing round last year. Additional financial details were not disclosed. CoolPlanet's research and development facilities are located in Camarillo, CA.
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40 entries from Australia demonstrate creative approach to addressing climate change
Sydney, Australia, 16 November 2010 - GE Australia today highlighted innovative local entries to its ecomagination challenge, with the winner to be announced by the end of November. The challenge attracted more than 40 entries from Australia highlighting a strong level of local innovation and progressive thinking about carbon reduction technologies.