GE Capital

Keep On Trucking: GE Survey Shows Transportation CFOs Largely Upbeat

Seventy percent of all goods shipped in the United States are moved by truck. As a result, the health of the trucking industry, with annual revenues of $650 billion, or 4.4% of the U.S. GDP, is one of the leading domestic economic indicators. GE Capital has been helping finance the [...]

Crowning a Year of Venture Investing in Green Start-Ups, GE Named Corporation of the Year by the Cleantech Group

With its large size and global reach, GE has the ability to make a big difference in nascent markets—just last week, for example, GE announced a new solar panel manufacturing facility in Colorado where the company will bring to market its breakthrough achievement in thin film efficiency (and create 400 [...]

Strong, Resilient and Growing: See How Middle Market Businesses in the U.S. Drive the Economy

GE Capital and The Ohio State University Fisher College of Business released today the results of the largest ever study of American middle market businesses–defined as having revenues between $10 million and $1 billion–which showed them leading the way when it comes to viability, resilience and growth. Mike Neal, Chairman [...]

Financing Leads to Jobs and Supports Green Industry in New York State

Niagara Falls, New York celebrated 300 new construction jobs and an additional 100 manufacturing jobs at the groundbreaking yesterday for a new, recycled-containerboard mill that was financed in part by GE Capital. The $430 million Greenpac Mill is set to open in the summer of 2013 and is being built [...]

GE Leads in Cleantech Investing, Announces Project Frog Investment Today

GE Energy Financial Services (GE EFS) announced today it is leading a $22 million investment round in energy efficient building maker Project Frog, its latest venture capital investment of several this year in “cleantech” companies. GE was in the top ten of cleantech investors in 2010, according to industry [...]

Update regarding recent FHFA litigation notice

Last Friday, September 2nd, 2011, GE was notified for the first time, without any prior discussion, of claims against GE, GE Capital Services and certain other affiliates in a lawsuit filed at the same time as other lawsuits filed against 16 other financial institutions. The suit alleges that inaccurate [...]

GE Energy Financial Services and Partners Bet Big on Collaborative Clean Tech

Look at any list of big global challenges, and you’ll find an entry for our uncertain energy future. Some call efforts to re-imagine where we get energy and how we get it from existing sources this generation’s “moon shot.” As GE’s Beth Comstock said recently at an event announcing [...]