Partial list of projects
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- Dokie Ridge Wind Farm, near Chetwynd, British Columbia, Canada
- Toba Inlet run-of-the river project in Toba Inlet, British Columbia, Canada (joint venture through Toba Montrose General Partnership)
| Company type | Division |
|---|---|
| Industry | Finance |
| Predecessor | GE Capital |
Key people | Nomi Ahmad (CEO) |
| Parent | GE Vernova |
| Website | gevernova |
GE Energy Financial Services (EFS), a division of GE Vernova headquartered in Stamford, Connecticut, United States, provides financial and technological investment in energy infrastructure projects around the world. EFS is active within industries such as power generation and distribution, oil and gas, pipelines and storage, water, venture capital, and renewable energy. EFS portfolios include deepwater oil and gas exploration in Brazil and water pipeline projects in Jordan.
GE EFS has invested billions of dollars in the solar industry. One of their most recent investment is a 127-megawatt solar farm in Arlington, Arizona, which is about 40 mi (64 km) west of Phoenix. [1]
In 2021 a plan to split GE into three new public companies (GE Vernova, GE HealthCare, and GE Aerospace) was announced. GE Energy Financial Services, along with GE Digital, GE Renewable Energy, and GE Power were combined as GE Vernova. [2] The spin-off was completed in the second quarter of 2024. [3]
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Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids, and also generates renewable energy. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world. Its crude oil system consists of 28,661 kilometres of pipelines. Its 38,300 kilometre natural gas pipeline system connects multiple Canadian provinces, several US states, and the Gulf of Mexico. The company was formed by Imperial Oil in 1949 as the Interprovincial Pipe Line Company Limited to transport Alberta oil to refineries. Over time, it has grown through acquisition of other existing pipeline companies and the expansion of their projects.
Bracewell LLP is an international law firm based in Houston, Texas, that began in 1945. The firm has approximately 350 lawyers, and has United States offices in New York City, Washington, D.C., San Antonio, Seattle, Dallas and Austin, as well as offices in Dubai, Paris and London.
Many countries and territories have installed significant solar power capacity into their electrical grids to supplement or provide an alternative to conventional energy sources. Solar power plants use one of two technologies:
AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use. It is one of the "big three" retailers in the National Electricity Market. AGL is Australia's largest electricity generator, and the nation's largest carbon emitter. In 2022, 83% of its energy came from burning coal.
Mitsui & Co., Ltd. is one of the largest sogo shosha in Japan; it is part of the Mitsui Group.
Energy in Victoria, Australia is generated using a number of fuels or technologies, including coal, natural gas and renewable energy sources. Brown coal, historically, was the main primary energy source for the generation of electricity in the state, accounting for about 85% of electricity generation in 2008. The amount of coal-fired power has decreased significantly with the closure in 2017 of the Hazelwood Power Station which supplied around 20% of Victoria's electricity, and to a lesser extent with the exit of Anglesea Power Station in 2015. Brown coal is one of the largest contributors to Australia's total domestic greenhouse gas emissions and a source of controversy for the country. Australia is one of the highest polluters of greenhouse gas per capita in the world.
Queensland's energy policy is based on the year 2000 document called the Queensland Energy Policy: A Cleaner Energy Strategy. The Queensland Government assists energy development through the Department of Energy and Water Supply. The state is noted for its significant contribution to coal mining in Australia. The primary fuel for electricity generation in the state is coal with coal seam gas becoming a significant fuel source. Queensland has 98% of Australia's reserves of coal seam gas. An expansion of energy-intensive industries such as mining, economic growth and population growth have created increased demand for energy in Queensland.
Energy in Paraguay is primarily sourced from hydropower, with pivotal projects like the Itaipu Dam, one of the world's largest hydroelectric facilities. This reliance underscores the need for a robust infrastructure, including efficient transmission networks and distribution systems, to leverage the country's renewable resources fully.
GE Power was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace.
Marathon Capital is an American boutique investment bank delivering financial advice to the global energy, infrastructure markets, and clean economy. Marathon Capital specializes in the sale and financing of companies, portfolios and assets within these markets.
The Capricorn Ridge Wind Farm is located in Sterling and Coke counties, Texas. The wind farm does not create any air and water pollution to the surrounding counties. It is a 662.5 MW wind farm, with 342 GE 1.5 MW wind turbines and 65 2.3 MW Siemens turbines that are capable of generating enough electricity for more than 220,000 homes. With all four phases combined, there should be over 400 turbines after the project commissioned in 2007. The wind farm is built, owned and operated by a subsidiary of NextEra Energy Resources, the U.S.' largest wind energy generator who is also known for generating electricity using natural gas, oil solar, wind and nuclear. This company, together with its subsidiaries owns, operates, develops, constructs and manages electricity and energy generating facilities in not only the U.S. but also in Canada and Spain. The project is part owned by San Antonio-based Sullivan Trillian Fund Private Equity. Its property Offtaker is Energy Market- ERCOT.
Alterra Power Corp. a subsidiary of Innergex Renewable Energy Inc., is a diversified renewable power generation company based in Vancouver, British Columbia, Canada. It was formed in 2011 through the merger of Magma Energy Corp. and Plutonic Power Corp. It develops, owns, acquires and operates hydroelectric, wind, solar energy and geothermal projects. On February 6, 2018, Innergex Renewable Energy Inc. completed the acquisition of Alterra including all its assets.
The energy sector of Ohio consists of thousands of companies and cities representing the oil, natural gas, coal, solar, wind energy, fuel cell, biofuel, geothermal, hydroelectric, and other related industries. Oil and natural gas accounts for $3.1 billion annually in sales while ethanol generates $750 million. Toledo is a national hub in solar cell manufacturing, and the state has significant production of fuel cells. In 2008, the state led the country in alternative energy manufacturing according to Site Selection Magazine, while the natural gas industry has experienced growth due to the expansion of shale gas.
Energy in Libya primarily revolves around the production, consumption, import, and export of energy, with a significant focus on the petroleum industry, which serves as the backbone of the Libyan economy. As of 2021, Libya is recognized as the seventh-largest crude oil producer in OPEC and ranks third in total petroleum liquids production in Africa. The country holds 3% of the world's proven oil reserves and 39% of Africa's, marking it as a key player in the global energy sector. Despite its abundant resources, the energy industry in Libya has faced significant challenges due to political instability following the civil war that began in 2011. These challenges have led to frequent disruptions in oil production and exports, directly impacting the national economy and its contributions to the global oil market. The sector's future is closely tied to the resolution of political conflicts and the effective management of its vast hydrocarbon resources.
Energy in Estonia has heavily depended on fossil fuels. Finland and Estonia are two of the last countries in the world still burning peat.
Energy in Jordan describes energy and electricity production, consumption and import in Jordan. Jordan is among the highest in the world in dependency on foreign energy sources, with 92.3% of the country's energy supply being imported.
Renewable energy in Thailand is a developing sector that addresses the country’s present high rate of carbon emissions. Several policies, such as the Thirteenth Plan or the Alternative Energy Development Plan, set future goals for increasing the capacity of renewable energy and reduce the reliance of nonrenewable energy. The major sources of renewable energy in Thailand are hydro power, solar power, wind power, and biomass, with biomass currently accounting for the majority of production. Thailand’s growth is hoped to lead to renewable energy cost reduction and increased investment.
GE Digital is a subsidiary of American energy conglomerate GE Vernova. Headquartered in San Ramon, California, the company provides software and industrial internet of things (IIoT) services to industrial companies.
GE Renewable Energy was a manufacturing and services division of the American company General Electric. It is headquartered in Boulogne-Billancourt, near Paris, France and focuses on the production of energy systems that use renewable sources. Its products include wind, hydroelectric and solar power generating facilities.
GE Vernova Inc., formerly GE Power and GE Renewable Energy, is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts.
