Business unit tops $3 billion mark with four-state wind deal
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Stamford, Conn.-based GE Energy Financial Services recently raised its 2010 renewable energy investing target by 50% to $6 billion. The GE unit recently crossed the $3 billion mark with its single highest-value wind deal, which spans four states.
GE Energy Financial Services is investing equity in the 600MW portfolio of wind farms in Oregon, Minnesota, Illinois, and Texas. The new $6 billion dollar goal is an acceleration of a previously announced $4-billion target.
