NORWALK, Conn.--(BUSINESS WIRE)--May 1, 2006--GE Commercial Finance - Corporate Lending today announced that it is the sole lender of an $80-million senior credit facility to refinance debt for Winner Steel, Inc., a prime galvanized steel coil supplier located in Sharon, Pennsylvania.
This financing is part of a total credit facility of $130 million, which also includes a $50-million term loan.
STAMFORD, Conn. & BERKELEY, Calif. & LISBON, Portugal--(BUSINESS WIRE)--April 27, 2006--GE Energy Financial Services, PowerLight Corporation and Catavento Lda announced today that they will build the world's largest solar photovoltaic power project. The 11-megawatt solar power plant, comprising 52,000 photovoltaic modules, will be built at a single site in Serpa, Portugal, 200 kilometers (124 miles) southeast of Lisbon in one of Europe's sunniest areas.
HONOLULU--(BUSINESS WIRE)--April 26, 2006--What keeps risk managers awake at night?
According to Tim Heinze of GE Insurance Solutions, it's the risks they don't know about or fully understand.
Heinze ought to know. His company listens to risk managers and creates customized solutions for them. He noted that a growing number of companies have increased their investment in risk management products but are still challenged to get the most value out of those investments.
NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, today announced that Richard Cerf has been appointed to the position of senior vice president, based in the Palo Alto office. He will be responsible for developing client relationships within the technology sector and covering West Coast venture capital firms. GE's Technology Lending group recently announced the opening of its Palo Alto office in an effort to apply a stronger focus on emerging technology in the region.
NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Antares Capital today announced that it is sole lead arranger and bookrunner of a $202 million senior secured credit facility for Farley's & Sathers Candy Co., a leading branded candy manufacturer. Farley's & Sathers is a portfolio company of Catterton Partners.
NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, today announced that Richard Cerf has been appointed to the position of senior vice president, based in the Palo Alto office. He will be responsible for developing client relationships within the technology sector and covering West Coast venture capital firms. GE's Technology Lending group recently announced the opening of its Palo Alto office in an effort to apply a stronger focus on emerging technology in the region.
NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Antares Capital today announced that it is sole lead arranger and bookrunner of a $202 million senior secured credit facility for Farley's & Sathers Candy Co., a leading branded candy manufacturer. Farley's & Sathers is a portfolio company of Catterton Partners.
STAMFORD, Conn.--(BUSINESS WIRE)--April 20, 2006--To accelerate the growth of its global renewable energy holdings from a nearly $1 billion base, GE Energy Financial Services announced today that it has significantly expanded its team of experienced finance and technical professionals serving this market.
STAMFORD, Conn.--(BUSINESS WIRE)--April 19, 2006--Pursuing growth in oilfield services and in Canada, GE Energy Financial Services announced today the closing of an expanded syndicated loan facility it structured for Trinidad Drilling Ltd., a leading Canada-based drilling rig company.
The facility for Calgary-based Trinidad, a wholly-owned subsidiary of Trinidad Energy Services Income Trust, was syndicated by GE Capital Markets, Inc. The syndicate group includes major Canadian, U.S. and international financial institutions.
NORWALK, Conn.--(BUSINESS WIRE)--April 19, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, today announced that it has provided a credit facility totaling $1.5 million for Syntricity Inc., a San Diego-based provider of enterprise yield management software for the semiconductor industry.
The proceeds from the credit facility will be used to help the company manage its rapid growth as it continues to be the preferred solution provider to leading companies within the semiconductor manufacturing space.
