GE Energy Financial Secures Financing for Power Projects in Argentina

GE Energy Financial Services and UPF Energia Elctrica have secured $220 million of project financing for two jointly owned thermal power projects in Argentina. Citi, Credit Suisse and EDC led the financing.

GE Energy Financial Provides Texas Wind Farm Financing

Falvez Energy closed the financing of the Falvez Astra wind project in Texas. GE Energy Financial Services provided the construction financing in addition to 50% of the long term tax equity.

GE Energy Financial Invests in Merkur Wind Farm

The Merkur offshore wind development project has closed. GE Energy Financial was a 6.25% equity investor in the $1.96 billion project.

GE Energy Financial Invests in Recurrent Solar Project

Recurrent Energy closed on a tax equity investment commitment with a unit GE Energy Financial Services for the 75 megawatt (MWac) Astoria 2 solar power project.

Santander Arranges Construction Debt to Support Recurrent Solar Project

Canadian Solar subsidiary Recurrent Energy closed on an equity commitment with GE Energy Financial Services for a 75 megawatt solar power project. A related debt facility was arranged by Santander and included Nord/LB, Radobank, Key Bank and CIT Bank.

Santander Arranges $260MM Financing for Solar Power Project

Recurrent Energy closed on a tax equity investment commitment with GE Energy Financial for a solar power project. Santander Bank arranged $260 million in financing, along with a five member bank club, to support the project.

GE Energy Invests in Green Power Solar Project

GE Energy Financial Services is partnering with GPI to invest in a solar project in Japan. GE Energy Financial Services is also investing in the project, and financing from a syndicate, led by MUFG, is being utilized.

GE Energy Financial Services, Pacifico Partner for Solar Project

GE Energy Financial Services and Virginia Solar Group subsidiary Pacifico Energy have partnered for a third time to construct a solar power project in Japan. GE’s commitment is worth $62.5 million.

GE Energy Financial Services Completes Japan Solar Project

GE Energy Financial Services completed its second solar project financing transaction with Tokyo-based Pacifico Energy. Bank of Tokyo–Mitsubishi UFJ and Chugoku Bank financed $109 million for the project.

GE Energy Financial Services Provides $200MM to Oil & Gas Field

GE Energy Financial Services arranged a $200 senior secured revolving credit facility for All American Oil & Gas to refinance debt and fund reserve development in the Bakersfield, CA Kern River Oil Field.