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GE lands wind, water, natural gas deals

By | September 20, 2011, 7:32 AM PDT

GE Energy has landed $3 billion in deals focused on everything from natural gas to wind turbines to water treatment.

Overall, GE is looking to secure energy deals across multiple industries. For instance, GE will partner with Anheuser-Busch (AB) InBev to save water and brew beer in a more energy efficient way. This energy efficiency collaboration will be tested in greenfield facilities in China. AB InBev is looking to cut its water-to-beer ratio as well as decrease CO2 usage.

Among the other key deals for GE Energy:

  • The company landed $800 million in new deals to provide wind and gas turbines in Brazil. The Brazil projects will produce 1.4 gigawatts of electricity. In addition, GE was awarded another $230 million for a subsea and surface contract from OGX Petróleo e Gás Ltda.
  • GE also won a $300 million deal to supply gas turbines and services in Egypt.
  • In Australia, GE was selected as a supplier for a large Floating Liquefied Natural Gas platform (FLNG) project. GE has been increasingly targeting LNG projects.
  • GE won $1.5 billion in new commitments for its new 1.6-100 wind turbine. GE’s has inked deals to sell 750 of its new turbines. GE said the turbines are being deployed in North America and South America.
  • GE also won a series of deals in Iraq for everything from oil recovery to gas turbines.
  • Other deals include a waste heat recovery project in Italy, an energy grid overhaul in Ecuador and a waste water effort in the Canada oil sands.

Related:

GE CEO Immelt’s tenure so far marked by cleantech bets

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Larry Dignan

About Larry Dignan

Larry Dignan is the editor-in-chief of SmartPlanet.

Larry Dignan

Larry Dignan

Editor-in-Chief

Larry Dignan is editor-in-chief of SmartPlanet and ZDNet. He is also editorial director of TechRepublic. Previously, he was an editor at eWeek, Baseline and CNET News. He has written for WallStreetWeek.com, Inter@ctive Week, New York Times and Financial Planning. He holds degrees from the Columbia University Graduate School of Journalism and the University of Delaware. He is based in New York but resides in Pennsylvania.

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Larry Dignan

Larry Dignan
Larry Dignan does not hold any investments in the companies he covers.
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GE
GE has three designed reactors melting down,spewing radiation world wide,they have no money for the people of Japan,and no Idea how to stop it,they are the murderers of Human beings.Thats all they are!
Posted by saynotoatom
20th Sep 2011
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GE
All this money from overseas, I guess that means they still won't pay any taxes!
Posted by Johnskis
21st Sep 2011
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