London, 9th August 2010: GE Capital, the financial arm of GE, has underwritten $500 million of European factoring and US ABL facilities to support the future working capital requirements of Alcan Engineered Products ("AEP"), a leading global aluminium products manufacturer. The financing supports the new joint venture company to be created by Apollo Management LP ("Apollo"), Fonds Stratégique d'Investissement's ("FSI") and AEP's current owner Rio Tinto plc.
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FARNBOROUGH AIR SHOW -- July 21, 2010 -- GE Aviation along with its joint venture companies, CFM International and the Engine Alliance, have amassed engine and services orders valued at more than $16 billion (USD) at the 2010 Farnborough Air Show.
"GE Aviation is excited with the tremendous amount of engine and services orders that received at the 2010 Farnborough Air Show," said David Joyce, president and chief executive office of GE Aviation. "The level of activity at the show demonstrates that the aviation industry is beginning to emerge from the economic downturn."
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Producer of Baby Nutrition Products Saving CO2 Based on Special "Green Tariff"
JENBACH, Austria--Wednesday, July 14, 2010-- Cow manure is being converted to energy at the first biogas cogeneration plant in the Ukraine. The facility, which is powered by 4,000 cows and a GE (NYSE: GE) Jenbacher gas engine, has recently completed nine months of successful operation at the Ukrainian Milk Company Ltd., located near Kiev.