October 7, 2008
Tuesday
     

General Electric reaches $4 billion mark for wind power investments

Date: 07-15-2008
Type: news brief
Categories: Socially Responsible Investing / Sustainability
Source: Renewable Energy Magazine
Organization:
Renewable Energy Magazine

GE Energy Financial Services closed more than $2 billion of renewable energy transactions last year, and by 2010 expects they will comprise 20-25 percent of its overall energy and water portfolio, up from about 10 percent in 2006. Including the three new farms, GE Energy Financial Services has invested or committed to invest equity worldwide in 76wind farms, with a total capacity of more than 4,000 megawatts.

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