As oil and gas prices rise, many coal
companies are adding to operating capacity with equipment and
reserves to meet increasing demand from power plants. The US
government predicts coal's contribution to global energy consumption
will double to 50 percent by 2015. GE Energy Financial Services
is helping coal-producing customers meet this renewed
demand for coal by providing them with a full range of commercial
financial products to fund their growth.
GE Energy Financial Services' first coal transaction was a dragline
in 1971. Since then, GE Energy Financial Services has invested over $3.7 billion in the
coal industry, including power generation... $650 million in
coal mining alone.
With this long history serving the coal industry, GE knows your
business and is committed to providing you tailored financial
solutions. Whether it’s for equipment leases and loans, senior secured debt, or
recapitalization/acquisition financing, our energy experts are
ready to work for you.
Representative transactions follow.
