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Greenbrier also obtained a maintenance co-partner agreement for GE's rail rolling stock over a 5-year period. The resultant contract gave Greenbrier an order book of at least, 4900 units valued at $430 million plus an option for a further 2200 cars. The renegotiated contract represented approximately 40% of the North American freight car ...
The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements. These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts.
GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division. [4] Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris , France , part of conditions for the Alstom purchase.
General Electric's (GE) tender offer to buy debt securities issued by itself or subsidiaries will help it lower leverage and strengthen the balance sheet. ... It receives a maintenance contract ...
GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Banking Corporation [7] [8] GE Capital Real Estate was sold to The Blackstone Group and Wells Fargo. [9] The majority of GE Commercial Lending & Leasing was sold to Wells Fargo. [10] Operations in Germany and France were sold to Crédit Mutuel. [11]
General Electric's (GE) business unit GE Gas Power clinches a deal from the Swiss Federal Office of Energy (SFOE) to lease its eight TM2500 mobile aeroderivative gas turbine units.
GE Power (formerly known as GE Energy) was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace.
In October 2017, GE announced a software and professional services agreement with the New York State Power Authority (NYPA). NYPA intended to work with GE to explore the digitalization, from its 16 generating facilities and 1,400 miles of electricity transmission network, to the more than 1,000 public buildings it monitors throughout the state.
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