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Oil & Gas Infrastructure
  • Freeport LNG Selects GE for Major North America LNG Export Project
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  • GE and Clean Energy Fuels Partner to Expand "America's Natural Gas Highway"
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We provide capital for companies to build the infrastructure needed to move or store oil and gas, and we offer customers access to world-class technology and expertise from other GE businesses.

  • 39,000
    miles
    of investments in pipeline
  • 39,000
    miles
    of pipeline is enough to circle the globe 1 3/4 times
  • Over $2 billion invested in O&G Infrastructure
  • Oil & Gas Infrastructure Projects

    (Click below to expand)

    Year
    Product
    Project
    Location
    2014
    Financing
    Freeport LNG
    Southeast Texas

    Freeport LNG Selects GE for Major North America LNG Export Project

    NEW YORK, Sep 10, 2014 — Freeport LNG, Texas Will Be First World-Scale Electric Liquefied Natural Gas (eLNG) Plant in North America, Delivering Base Volume of 4.4 Million Metric Tonnes Per Annum of LNG Per Train GE to Provide Freeport's Main Contractor, CZJV, with the Main Refrigeration Compressor Trains, Driven by GE's Variable-Speed Drive Electric Motors GE is Providing Technology and Financing GE Was Chosen Based on its Strong Electrical and Mechanical Experience in Delivering, Powering, Testing and Financing Complex, Large LNG Facilities GE Oil & Gas (NYSE: GE) announced today that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main...

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    Freeport LNG Selects GE for Major North America LNG Export Project

    • 8.8 metric tonnes per annum

      gas liquefaction and liquefied natural gas (LNG) export project

    Close
    2014
    Equity
    Eagle LNG Jacksonville Terminal
    Jacksonville, FL

    Clean Energy, GE Ventures, GE Energy Financial Services and Ferus Natural Gas Fuels to build LNG Facility in Jacksonville, FL

    NEWPORT BEACH, CALIF, Oct 30, 2013 — Clean Energy Fuels Corp., (NASDAQ: CLNE) today announced that it has placed a purchase contract on property where it hopes to build a liquefied natural gas (LNG) fuel terminal in Jacksonville, Fla. This would be the first LNG facility on the Eastern seaboard to specifically supply LNG for the burgeoning maritime, heavy-duty trucking and rail industries. The planned facility is the first project to be developed by Eagle LNG Partners, the recently-announced consortium of Clean Energy, GE Ventures, GE Energy Financial Services and Ferus Natural Gas Fuels, formed to jointly deliver the cleaner-burning, less-costly fuel in the United States. “Establishing LNG capacity in Jacksonville is a critical strategic effort to enable LNG fueling throughout the Southeast region for our various...

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    • Maritime, trucking and rail

      industries

    • 300,000 gallons / day

      LNG facility

    Close
    2012
    Financing
    Sabine Pass Liquefaction Plant
    Louisiana, US

    Provided Capital for the Construction of the Largest US liquefaction Terminal for Exporting LNG

    LOUISIANA, US, Aug 1, 2012 — GE Energy Financial Services provided $50 million in equity and $50 million in debt commitments for the construction of the Sabine Pass Liquefaction Plant, which will expand the Sabine Pass LNG import terminal, owned and operated by Cheniere Energy Partners, located in Cameron Parish, Louisiana. Utilizing 12 GE LM2500 gas turbines and expected to be completed in 2017, the plant will supply natural gas to BG Group in the UK and Gas Natural Fenosa of Spain, under 20–year Sale & Purchase Agreements.

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    Provided Capital for the Construction of the Largest US liquefaction Terminal for Exporting LNG

    • $50 million

      EQUITY COMMITMENTS

    • $50 million

      DEBT COMMITMENTS

    Close
    2012
    LP
    Howard Energy Partners
    Texas, US

    Fueling Unconventional Oil & Gas Infrstructure, GE Unit Backs Howard Energy Partners' Acquistion of South Texas Gas Pipeline

    SAN ANTONIO, TEXAS, Mar 15, 2012 — Fueling the build out of unconventional oil, gas and gas liquids infrastructure to support North American shale, GE (NYSE: GE) unit GE Energy Financial Services has invested in Howard Energy Partners, owner and operator of 280 miles of natural gas pipelines in the Eagle Ford Shale of South Texas. Howard Energy will double its size by using the investment to partially fund the acquisition of Meritage Midstream Services' natural gas gathering assets in South Texas.GE acquired a 30.6 percent stake in Howard Energy for an undisclosed amount. Other investors were Crosstex Energy, L.P. (NASDAQ: XTEX), Quanta Services, Inc. (NYSE: PWR) and Clear Springs Energy Company LLC. This transaction is expected to close in April, subject to regulatory approvals and customary closing conditions. ...

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    • 0.306

      Stake in Howard Energy Partners

    • 185 miles

      of Meritage pipelines

    Close
    2012
    Equity
    Clean Energy Fuels
    Texas, US

    GE and Clean Energy Fuels Partner to Expand "America's Natural Gas Highway"

    HOUSTON, TEXAS, Nov 13, 2012 — GE (NYSE: GE) and Clean Energy Fuels (Nasdaq: CLNE) today announced a collaboration to expand the infrastructure for natural gas transportation in the United States. The agreement supports Clean Energy's efforts in developing "America's Natural Gas Highway®," a fueling network that will enable trucks to operate on Liquefied Natural Gas (LNG) coast to coast and border to border. Truck fleets often can reduce fuel costs by more than 25 percent and lower emissions with LNG. As part of the collaboration, Clean Energy Fuels will initially purchase two ecomagination™–qualified MicroLNG plants from GE Oil & Gas. The plug–and–play modular units, which are designed to rapidly liquefy natural gas while minimizing a site's physical footprint,...

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    GE and Clean Energy Fuels Partner to Expand "America's Natural Gas Highway"

    • GE's MicroLNG Technology

      in use at two new LNG facilities

    • New MicroLNG Technology

      Builds on GE Oil & Gas' Global Success in Large LNG Projects

    Close
    2011
    LP
    Gulf LNG
    Mississippi, US

    Lightfoot Capital Partners, LP Teams Up with GE to Own Liquefied Natural Gas Assets in Pascagoula, Mississippi

    PASCAGOULA, MISS., Oct 4, 2011 — Lightfoot Capital Partners, LP is pleased to announce that it has teamed up with GE Energy Financial Services, a unit of GE (NYSE: GE), to make a strategic investment in the liquefied natural gas market. Lightfoot Capital will make a direct investment and own a 48 percent interest in Arc LNG Holdings LLC, which will own a 20 percent interest in Gulf LNG Energy's terminal in Pascagoula, Mississippi. GE Energy Financial Services, directly and indirectly, controls its 50 percent stake in Gulf LNG while a subsidiary of El Paso Corporation controls the other 50 percent and is the operator. In a related transaction, GE Energy Financial Services acquired a general partnership interest and a 58 percent limited partnership interest in Lightfoot Capital from certain of its existing...

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    Lightfoot Capital Partners, LP Teams Up with GE to Own Liquefied Natural Gas Assets in Pascagoula, Mississippi

    • 3.6 million barrel

      Storage Capacity

    • 0.5

      Stake in Gulf LNG

    Close
    2011
    Equity
    Summit Midstream Partners, L.L.C.
    Texas, US

    GE Unit Invests in Summit Midstream, an Oil & Gas Midstream Service Provider

    DALLAS, TEXAS, Oct 12, 2011 — GE Energy Financial Services, a unit of GE (NYSE: GE), is expanding its oil and gas industry footprint by investing in Summit Midstream Partners, LLC, which acquires and develops midstream energy infrastructure in unconventional North American production basins. "Our investment in Summit Midstream builds on our strategy of partnering with growth–oriented companies with strong management and long–term contracted assets," said Dan Castagnola, a managing director at GE Energy Financial Services in Houston. "In working with Summit, we are drawing on our experience in many midstream sectors, as well as in unconventional gas." GE Energy Financial Services' current midstream equity and debt portfolio totals approximately $2.4 billion. It has invested in a...

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    • Expansion of O&G

      footprint with an investment in Summit Midstream Partners

    Close
    2009
    LP
    Regency Energy Partners L.P.
    Texas, US

    First Solar Sells Canadian Power Plants to GE Energy Financial Services-Alterra Partnership

    BELMONT, ONTARIO AND TEMPE, ARIZ., Aug 26, 2013 — First Solar, Inc. (Nasdaq: FSLR) announced today that it has sold a collection of solar projects in Ontario, Canada, totaling 50 megawatts (MW) AC to an investment partnership led by GE (NYSE: GE) unit GE Energy Financial Services. Terms were not disclosed. It is the first project transaction between First Solar and GE since their solar technology and commercial partnership was announced Aug. 6. The ABW Partnership, originally announced in 2011, consists of majority owner GE Energy Financial Services and Alterra Power Corporation, which made an equity contribution and will serve as the projects' managing partner. The ABW Partnership raised debt for the acquisition, with The Manufacturers Life Insurance Company serving as agent and lead arranger. The debt syndicate consists of The...

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    • Three

      Canadian Solar Power Projects

    • 50 megawatts AC

      of Solar Power

    Close
    2008
    Financing
    Sevan Voyageur
    Arendal, Norway

    More Oil On the Way Thanks to GE, Norway's Sevan Marine Scottish Company, Chinese and Other International Shipyards

    ARENDAL, NORWAY, May 5, 2008 — Two units of GE (NYSE: GE) are joining forces with oil drilling and production technology company Sevan Marine ASA of Norway, Oilexco North Sea Ltd. of Scotland, and a Chinese and other international shipyards to deploy an innovative cylindrical floating oil production, storage and offloading unit that can process 30,000 barrels of crude oil per day and store 300,000 barrels.Sevan Marine's affiliate Sevan Pte Ltd signed an agreement for a US $300 million senior debt project finance facility for the Sevan Voyageur with mandated lead arrangers GE Energy Financial Services and GE Transportation Finance. GE Capital Markets will syndicate the facility, fully underwritten by the lead arrangers, to a limited group of international banks. Norway's export credit agency, GIEK, has...

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    More Oil On the Way Thanks to GE, Norway's Sevan Marine Scottish Company, Chinese and Other International Shipyards

    • $300 million

      Senior Debt Project Finance Facility

    • 300,000 barrel

      Oil Storage Capacity

    Close
    2007
    Equity
    Bobcat Gas Storage
    Louisiana, US

    GE Unit Makes First Investment in Natural Gas Storage, Expanding Its Midstream Assets

    ST. LANDRY PARISH, LA., Feb 21, 2007 — GE Energy Financial Services, a unit of General Electric (NYSE: GE), is making its first investment in natural gas storage, acquiring a preferred equity interest in an underground salt dome storage project in Louisiana for $65 million from Haddington Energy Partners III LP, a Houston–based, energy–focused private equity fund.The investment, which will also help cover the project's capital expenditures, enables GE Energy Financial Services to expand in midstream energy, where it already co–owns pipelines, retail distribution and gas processing assets.The Bobcat gas storage project –– which the fund's sponsor, Haddington Ventures, LLC, sourced and developed –– is strategically located in St. Landry Parish, Louisiana, 45 miles from Henry...

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    GE Unit Makes First Investment in Natural Gas Storage, Expanding Its Midstream Assets

    • First Investment

      In Natural Gas Storage

    • Expands

      Efforts in Midstream Energy

    Close
    2006
    Equity
    SourceGas
    Colorado, Nebraska, Wyoming, US, and Hermosillo, Mexico

    Kinder Morgan, Inc. Agrees to Sell Retail Gas Operations to GE Energy Financial Services.GE Unit Expanding Its Pipeline Investing Into Retail Gas Distribution

    COLO., NEB., WYO., AND HERMOSILLO, MEXICO, Aug 14, 2006 — Kinder Morgan, Inc. (NYSE: KMI) today announced it will sell its natural gas retail distribution and related operations serving 260,000 customers in Colorado, Nebraska, Wyoming and Hermosillo, Mexico, to GE Energy Financial Services for $710 million plus working capital. The transaction is subject to certain closing conditions and regulatory approvals, including approvals from state utility commissions. The transaction is expected to close by the end of the first quarter of 2007.The retail business serves residential, commercial, agricultural and industrial customers through 11,400 miles of distribution and transmission pipelines, underground storage fields, fieldsystem lines and related facilities.KMI Chairman and CEO Richard D. Kinder said, "This is a good business that...

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    • $710 million

      Equity Investment

    • 11,400 miles

      Distribution Pipelines

    Close
    2005
    Financing
    Sevan Production AS
    Brazil

    GE and ANZ Investment Bank Arrange US $120 Million Debt Facility for Sevan's Marine Innovate, High Tech Floating, Storage, Offloading Unit to Be Chartered to Petrobras

    BRAZIL, Dec 13, 2005 — Three GE financial businesses and ANZ, acting as joint Mandated Lead Arrangers, and Sevan Production AS, announced the signing of a US$120 million senior debt project finance facility for Sevan's first floating oil production, storage and offloading (FPSO).The SSP Piranema will be deployed offshore Brazil under an 11–year charter with Petrobras. The innovative, cylindrical shaped FPSO is designed for all sea environments and will produce light crude for Petrobras. The SSP Piranema will be equipped with a processing plant capacity of 30,000 barrels of oil per day, a gas injection plant with compression capacity of 3.6 million cubic meters per day and an oil storage capacity of 300,000 barrels. The SSP Piranema is under construction at the Yantai Raffles shipyard in China....

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    GE and ANZ Investment Bank Arrange US $120 Million Debt Facility for Sevan's Marine Innovate, High Tech Floating, Storage, Offloading Unit to Be Chartered to Petrobras

    • 30,000 barrel

      Processing Capacity Per Day

    • 300,000 barrel

      Oil Storage Capacity

    Close
    2005
    Equity
    Southern Star
    Kansas, Oklahoma, Missouri, Wyoming, Nebraska, Colorado and Texas, US

    GE Commercial Finance and Caisse De Depot Et Placement Du Quebec Agree to Buy Major Midwestern Gas Pipeline From AIG Highstar Capital

    KAN., OKLA. MO., WYO., NEB., COLO., AND TEXAS, Jul 11, 2005 — GE Commercial Finance Energy Financial Services – a major global energy investor – and Caisse de dépt et placement du Québec – Canada's largest institutional investor – have agreed to buy the Southern Star gas pipeline system from AIG Highstar Capital. The purchase price is $362 million, plus the assumption of $476 million in debt and preferred stock.The sale is subject to customary closing and regulatory approvals, expected within the third quarter of this year. Southern Star is a regulated interstate natural gas pipeline spanning more than 6,000 miles in Kansas, Oklahoma, Missouri, Wyoming, Nebraska, Colorado and Texas. In addition to the pipeline, the system includes 39 compressor stations and eight gas storage fields. Customers include...

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    GE Commercial Finance and Caisse De Depot Et Placement Du Quebec Agree to Buy Major Midwestern Gas Pipeline From AIG Highstar Capital

    • 6,000 miles

      Southern Star Gas Pipeline

    • $476 million

      Debt and preferred stock

    Close
    2004
    Equity
    CrossCountry Energy
    Florida to California, US

    Natural Gas Pipeline Acquisition, Largest for GE Commercial Finance Energy Financial Services, Caps Year of Record Growth

    FLA. TO CALIF., Nov 17, 2004 — GE Commercial Finance Energy Financial Services, in partnership with Southern Union Company (NYSE: SUG), completed the acquisition today of CrossCountry Energy, a 7,400–mile natural gas pipeline network spanning most of the region from Florida to California. This $2.45 billion purchase is GE Commercial Finance Energy Financial Services' largest in natural gas transportation and caps a year of record growth and diversification.Diversification beyond electric power investments has been a key to GE Commercial Finance Energy Financial Services' double–digit growth this year. Other strategic actions include growing in oil and gas reserves and electricity transmission and distribution. In addition, GE Commercial Finance Energy Financial Services has been expanding into...

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    "Our partnership with Southern Union reflects our keen interest in teaming up with leading energy companies to help them grow."
    — Alex Urquhart President and CEO of GE Commercial Finance Energy Financial Services
    • Largest Pipeline Acquisition

      for GE Energy Financial Services

    Close
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