Tuesday, May 29, 2007

GE Energy Financial Services Agrees To Invest $180 Mln In Its Biggest Wind Farm - Quick Facts

May 24 - Trading Markets.com - GE Energy Financial Services, a unit of General Electric, said it has agreed to invest in its biggest wind farm, the 241-megawatt Sweetwater 4 facility, along with a sister project in Texas.

GE Energy Financial Services agreed to invest $180 million for 50 percent of the structured equity, with a subsidiary of Wachovia Corp. providing the balance, in two adjacent wind farms 20 miles southwest of Sweetwater, Texas, in Nolan County. Read More.

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