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GE to sell distributed power unit to Advent for $3.25bnGeneral Electric (GE) said that it has signed an agreement to sell its distributed power business to Advent International, one of the largest and most experienced global private equity investors, for $3.25 billion. The transaction More… |
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GE achieves 50pc efficiency on 10MW gas engineGE Power & Water’s Distributed Power business recently achieved 50.1 per cent electrical efficiency on its 10-megawatt (MW) gas engine platform in a test environment in Austria. “As a technology leader in the distr More… |
