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GE's (GE) Move to Acquire LM Wind Power Helps to 'De-risk' Supply Chain - RBC Capital

Go back to GE's (GE) Move to Acquire LM Wind Power Helps to 'De-risk' Supply Chain - RBC Capital

GE Energy Financial Services and Virginia Solar Group Commission Mimasaka Musashi Solar Project in Okayama Prefecture, Japan

October 11, 2016 8:22 AM EDT

OKAYAMA, Japan--(BUSINESS WIRE)-- GE unit (NYSE: GE), GE Energy Financial Services and Virginia Solar Group commenced commercial operations earlier July on its jointly owned 42-megawatt Mimasaka Musashi solar project, which is located in the Okayama prefecture of Japan. Commercial operation has been officially recognized with a dedication ceremony on the site on September 28, 2016.

The asset manager and original developer of Mimasaka Musashi solar project is Virginia Solar Group subsidy, Pacifico Energy K.K.

Positioned on a former golf course, Pacifico Energy took control on managing construction and operations for this project.... More

GE Plans to Capture More Wind with $1.65B Acquisition of LM Wind Power a Global Designer and Manufacturer of Wind Turbine Blades

October 11, 2016 7:33 AM EDT

Captures more value in fast growth renewables industry Strategic investment bolsters ability of GE Onshore and Offshore wind businesses to increase energy output and value for customers while in-sourcing production LM Wind Power will continue to be a leading supplier to other Original Equipment Manufacturers Accretive in 2018

PARIS--(BUSINESS WIRE)-- GE (NYSE: GE) the worlds leading digital industrial company, announced today its intent to purchase LM Wind Power, a Denmark-based manufacturer... More