Recent News: GE Money India, GE Capital Europe, GE Sensing & Inspection Technologies, Gas Turbine Engines, GE Oil & Gas, GE Energy (Wind), Healthcare

GE Money India names new CEO
In the midst of inducting a new strategic partner for its personal loan and mortgage business, GE Money India on Wednesday named Iqbal Singh as its new CEO, and said it expects to close the deal in 6-8 months...

GE unit to sell 18-month FRN on Wednesday -lead
GE Capital European Funding, guaranteed by GE Capital Corp, plans to sell an 18-month floating-rate note later on Wednesday, said an official at one of the lead managers...

New Corrosion-Resistant, Submersible Level Probe From GE
GE Sensing & Inspection Technologies, a unit of GE Enterprise Solutions (NYSE: GE), has introduced a new corrosion-resistant, submersible level probe that offers a reliable, accurate and economical solution to level measurement in a wide variety of applications. The new SLP has been developed to allow trouble-free operation in tasks ranging from level measurement in single tanks to multiple-point level data gathering in high value commodity storage facilities...

GE Frame 9FB Gas Turbines Surpass 8,000 Hours At Iberdrola’s Arcos III Plant
A GE 209FB combined-cycle system has surpassed 8,000 operating hours at CCC Arcos de la Frontera Grupo III (Arcos III) in Cadiz, Spain, the commercial launch site for GE’s 50-hertz, 9FB gas turbine technology. In commercial operation since March 2006, the Arcos III plant is owned by Spanish energy producer Iberdrola Generacion S.A. and is generating approximately 810 megawatts of power for the Spanish electricity grid. The 8,000-hour mark is considered an industry milestone...

GE Oil & Gas,StatoilHydro Pen Frame Deals For $300 Million
GE Oil & Gas unit secured two frame agreements to supply compression equipment and services to StatoilHydro, for more than $300 million total...

GE Money India seeks partners for personal loans, mortgage biz
GE Money India is scouting for a strategic partner for its wholly-owned personal loans and mortgage businesses, the newly appointed CEO and President, Mr Iqbal Singh has said...

New Corrosion-Resistant, Submersible Level Probe From GE
GE Sensing & Inspection Technologies, a unit of GE Enterprise Solutions (NYSE: GE), has introduced a new corrosion-resistant, submersible level probe that offers a reliable, accurate and economical solution to level measurement in a wide variety of applications. The new SLP has been developed to allow trouble-free operation in tasks ranging from level measurement in single tanks to multiple-point level data gathering in high value commodity storage facilities....

GE Energy reinforces leadership position in U.S. wind industry
GE Energy reinforced its position as North America’s leading supplier of wind turbines in 2007, with another record-breaking year for the U.S. wind industry...

GE Healthcare invests in ICL-managed Shefa
GE Healthcare, a $17 billion business of General Electric Company (GE), yersterday announced an investment in Shefa Healthcare Fund (SHF) managed by Injazat Capital Limited (ICL)...