Hayward, California -- April 16, 2009 -- Calpine Corporation (NYSE:CPN) and GE (NYSE: GE) unit GE Energy Financial Services announced today that the California Public Utilities Commission has approved an amended Power Purchase Agreement for a state-of-the-art combined-cycle natural gas power plant, Russell City Energy Center, to be built in Hayward.
NORWALK, Conn.--13 April 2009-- GE Antares, a unit of GE Capital, today announced that it has agented a $115 million senior credit facility to facilitate Wind Point Partner's acquisition of Hearthside Food Solutions. The financing consists of a $20 million five-year revolving credit facility, and a $95 million five-year term loan A.
GE Antares served as Administrative Agent and GE Capital Markets was Joint Lead Arranger and Joint Bookrunner for the transaction.
business unit
tags
- Profit before tax for 2008 of CZK 3.7 billion, a 26.3% increase on 2007
- Customers loan book rose to over CZK 92 billion, up 14.8% compared with 2007
- Credit quality remained high
- Total capital resources stood close to CZK 24 billion as at December 31st 2008 with a capital adequacy ratio of close to 20 %
- Total clients' deposits amounted to more than CZK 67 billion, a 20.2 % increase on 2007
- Number of clients increased by 48,000 compared with 2007 to 959,000
- As of 31st December,
business unit
tags
GE Capital Solutions Fleet Services' Receives Its 10th ASE's Blue Seal of Excellence
GE Capital Solutions Fleet Services today announced that it has been awarded the Blue Seal of Excellence from the National Institute for Automotive Service Excellence (ASE) for the 10th 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 have to maintain a staff certification level of at least 75 percent.
business unit
tags
Flagstaff, Ariz. --April 6, 2009--- One month after the adoption of federal tax credits to propel small wind energy growth in the United States, GE (NYSE: GE) is joining current investors to provide $10 million to the world's largest manufacturer of small wind turbines, Southwest Windpower. Southwest Windpower -- designer and producer of small wind turbines up to 3 kW---will use this new funding to accelerate its growth in new markets and products.
business unit
tags
GE BETHESDA, Md.--03 April 2009-- GE Capital's Healthcare Financial Services business today announced it has provided a $25 million senior secured credit facility to Regency Healthcare Group based in Brentwood, TN. The company will use the loan to refinance existing debt and for growth capital. Regency is a portfolio company of EDG Partners, LLC. GE Capital Markets, Inc. arranged the transaction.
business unit
tags
NORWALK, CT-- March 25, 2009 --- GE Capital's Healthcare Financial Services business today announced it agented an amendment to the $124 million senior secured credit facility of Medical Staffing Network Holdings, Inc., a healthcare staffing company. GE Capital Markets arranged the amended credit facility.
Based in Boca Raton, FL, Medical Staffing provides supplemental healthcare personnel, nurses, paraprofessionals and allied support services to healthcare facilities nationwide.
business unit
tags
NORWALK, CT-- March 23, 2009 --- GE Capital's corporate lending business today announced it provided a $175 million accounts receivable securitization facility to Georgia Gulf Corporation, a leading chemicals company. The proceeds will be used for working capital needs.
In this type of structure, GE provides an asset-based loan secured by the company's accounts receivables.