GE Energy Financial Services Raises 2010 Renewable Energy Investing Target to $6 Billion

Jan. 24, 2008
Business unit tops $3 billion mark with four-state wind deal

Stamford, Conn.-based GE Energy Financial Services recently raised its 2010 renewable energy investing target by 50% to $6 billion. The GE unit recently crossed the $3 billion mark with its single highest-value wind deal, which spans four states.

GE Energy Financial Services is investing equity in the 600MW portfolio of wind farms in Oregon, Minnesota, Illinois, and Texas. The new $6 billion dollar goal is an acceleration of a previously announced $4-billion target.

Voice your opinion!

To join the conversation, and become an exclusive member of EC&M, create an account today!

Sponsored Recommendations

How to Calculate Labor Costs

Most important to accurately estimating labor costs is knowing the approximate hours required for project completion. Learn how to calculate electrical labor cost.

8 Types of Electrical Conduit and Their Uses

Electrical conduit is a tube or raceway used to house and protect electrical wires within a building or structure. From data centers to underground subways to ports and bridges...

Considerations for Direct Burial Conduit

Installation type plays a key role in the type of conduit selected for electrical systems in industrial construction projects. Above ground, below ground, direct buried, encased...

Champion Strut Catalog

Champion Fiberglass is the most advanced manufacturing facility of fiberglass conduit, fiberglass bridge drain and fiberglass strut systems in the world. Its well-trained and ...