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 energy investment commitments worldwide. We hold equity investments in power projects that we or third parties operate. Together, these projects have a capacity to produce 30 gigawatts of power - equivalent to the installed generating capacity of Norway. We've invested in more than 43,500 miles of natsural gas pipelines. We've committed more than $9 billion for wind, solar, biomass, hydro, geothermal, and other renewable power projects.
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Solar Power Gets Jolt of Energy as Western Australia Flips Switch on Country’s Largest Solar Project, Co-Owned by EFS
Joined by representatives of Verve Energy, First Solar and local government officials, executives of GE Energy Financial Services helped officially “switch on” the business unit’s co-owned 10-MW Greenough River Solar Farm – Australia’s largest PV solar project – at a ribbon-cutting event. Located near Geraldton, Western Australia, the solar project marks the GE unit’s first renewable energy investment in the country and underscores the company’s expertise in and commitment to building utility-scale solar projects globally. Photos from the event can be found here.
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“Portfolio Theory” Makes Wind & Solar Power More Valuable, GE Energy Financial Services’ Executive Says
Steve Taub, Senior Vice President of Investment Strategy at GE Energy Financial Services, discusses how the fuel price predictability of solar and wind energy projects is an asset, providing a hedge against fossil fuels’ price volatility. Read the Greentech Media article here.
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GE Energy Financial Services’ Capital at Work: Gas-Fired Power Plant Taking Shape in California Desert
Right now, GE Energy Financial Services’ capital is working to build the CPV Sentinel Energy Center, an 800-megawatt gas-fired power plant in Riverside County, California. Creating over 300 construction jobs and 400 indirect jobs, the project will use eight of GE’s LMS-100 turbines to prevent blackouts in Coachella Valley and the Los Angeles Basin by providing peak power on demand. See our capital at work at the CPV Sentinel website.
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GE Co-Owned California Power Plant Online in Time for Summer Heat
May 16, 2013
GE Unit Arranges Senior Debt Facility Secured by Texas, Louisiana Reserves
May 15, 2013
Company officials putting the nearly complete Sentinel peaker plant through its trial paces
The Desert Sun, January 24, 2013
GE EFS Partners with Independents for North Sea O&G Development
Rigzone, July 18, 2012
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