CHICAGO--Wednesday, July 14, 2010-- GE Antares Capital, a unit of GE Capital, today announced it served as Administrative Agent for a $125 million senior secured credit facility to GCA Services Group, Inc., which was used to refinance GCA's existing bank facility at a lower cost of capital. GE Capital Markets served as co-lead arranger and sole bookrunner on the facility.
GE Capital, Commercial Distribution Finance is providing a credit facility to a Denver-based IT reseller to the commercial, federal, education and healthcare markets
HOFFMAN ESTATES, IL -- GE Capital, Commercial Distribution Finance (CDF) announced today that it has established a $35 million credit facility for Global Technology Resources, Inc. (GTRI), a leading provider of a wide variety of technology solutions.
business unit
tags
NEW YORK--Tuesday, July 13, 2010-- Peacock Equity, a joint investment fund of GE Capital's Media, Communications & Entertainment business and NBC Universal, today announced that it has invested $2 million in equity in Vivox, the world's leading provider of voice chat services for social applications including online games and virtual worlds. Other investors in Vivox include Benchmark Capital, Canaan Partners, GrandBanks Capital and IDG Ventures.
business unit
tags
NORWALK, Conn.--Tuesday, July 13, 2010-- GE Capital, Corporate Finance today announced it has secured a lease agreement with Polymer Group, Inc., a leading producer of nonwovens. The equipment lease facility will provide funding of up to $56 million for the primary equipment associated with the installation of a new state-of-the-art, custom-designed, spunmelt machine at a Polymer Group, Inc. plant in Waynesboro, Virginia.
business unit
tags
GE Capital to finance school solar purchase and installation.
Government's Feed-in tariff to generate income for school's loan repayments and more for 25 years.
GE has formed a partnership with Solarcentury, the UK's most experienced solar energy company, to provide financial services support for its Solar4Schools programme. The programme, which has already installed solar electric systems in over 250 schools across the UK, aims to introduce solar power to hundreds of schools across the nation over the next two years.
business unit
tags
BETHESDA, Md.--Monday, July 12, 2010-- GE Capital, Healthcare Financial Services today announced it has provided a $4.5 million credit facility to QSpex Technologies, Inc. The financing provides working capital and funds capital equipment expenditures supporting QSpex's product launch in late 2010.
business unit
tags
SANDERSVILLE, Ga. & STAMFORD, Conn.--Monday, July 12, 2010-- ArcLight Capital Partners, LLC, through its wholly-owned affiliate AL Sandersville Holdings, LLC, has acquired a 640-megawatt generation facility located in Sandersville, Georgia from KGen Power Corporation for $130 million. GE Energy Financial Services, a unit of GE (NYSE: GE), closed financing as the lead lender of the $98 million in senior secured credit facilities partially financing the acquisition.
business unit
tags
GE has formed a partnership with Solarcentury, the UK's most experienced solar energy company, to provide financial services support for its Solar4Schools programme. The programme, which has already installed solar electric systems in over 250 schools across the UK, aims to introduce solar power to hundreds of schools across the nation over the next two years.
- GE Capital to finance school solar purchase and installation.
- Government's Feed-in tariff to generate income for school's loan repayments and more for 25 years.
business unit
tags
Eden Prairie, Minn.- July 7, 2010 - GE Capital Fleet Services today announced it has been awarded the Blue Seal of Excellence from the National Institute for Automotive Service Excellence (ASE) for the 11th year. ASE, the industry-leading certification program for automotive professionals, awards the Blue Seal of Excellence to businesses that showcase highly qualified repair facilities and commitment to excellent services. Recipients are required to maintain a staff certification level of at least 75 percent.