GE Energy Financial Services' experts invest globally across the capital spectrum in essential, long-lived and capital-intensive energy assets that meet the world's energy needs. In addition to capital, GE Energy Financial Services offers the best of GE's technical know-how, technology innovation, financial strength and rigorous risk management. Based in Stamford, Connecticut, the GE business unit helps its customers and GE grow through new investments, strong partnerships and optimization of its approximately $20 billion in assets. We hold equity investments in power projects which we either operate ourselves or are operated by third parties with a capacity to produce 30 gigawatts. We've invested in approximately 43,500 miles of pipelines. And we've put billions of dollars into wind, solar, biomass, hydro, geothermal and other renewable power projects.
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EFS' Co-Owned Desert Sunlight wins Best Renewable Deal Award
The widely read trade publication “Power Intelligence” has just recognized GE Energy Financial Services’ co-owned Desert Sunlight solar power project under construction in California as “Best Renewables Deal.” “Power Intelligence” noted that financiers of the 550-megawatt photovoltaic project were “tapping multiple markets and investors to fund relatively new technology, all while weathering one of the more volatile periods of the euro-zone debt crisis.” As one of the largest US renewables project finance deals of the year, the Desert Sunlight funding was the first utility-scale photovoltaic financing broadly syndicated to the bank and bond markets, and served as a catalyst to introduce First Solar’s thin-film technology to mid-tier institutional investors.
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Greenough River Solar Farm, Australia’s Largest Solar PV Project, Reaches Major Construction Milestone
GE Energy Financial Services showcases its commitment to building utility-scale solar projects through an event marking the first installed solar panel at its co-owned, 10-megawatt Greenough River Solar Farm, Australia's largest solar PV project. More information and photos can be found here.
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GE Energy Financial Services Receives Prestigious Industry Awards for Investment Transaction Expertise
The market validated GE Energy Financial Services' exceptional expertise in deal making by awarding the company three prestigious industry awards for its equity and debt activities in 2011. Announced at the 13th Annual Project Finance Deals of the Year Awards Dinner in New York City on March 1, Project Finance Magazine awarded the company the North American Single Asset Deal of the Year 2011 for CPV Sentinel, North American Solar Deal of the Year 2011 for Desert Sunlight and North American Sponsor of the Year 2011. To learn more about these accomplishments, click here.
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ZiLift Receives £4 Million Boost for Artificial Lift Technology, Targeting $6 Billion Dollar Oil and Gas Extraction Market
May 9, 2012
Australia's Largest Solar PV Project Reaches Major Construction Milestone
April 12, 2012
Power Finance and Risk: Best Renewables Deal: Desert Sunlight
April 30, 2011
Why General Electric Invests Billions In Solar
The Daily Energy Report, April 9, 2012
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