GE enters private water finance business
- From: Vol 7, Issue 8 (August 2006)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: General Electric (GE)
The financing arm of GE Infrastructure has private water projects in Europe and North America in its sights. It is also preparing to have a go at the big power desal deals in the Middle East.
GE Energy Financial Services is moving into water finance. It aims to build a $1 billion portfolio of water investments over the next three years. Last month, it completed its first deal: an $18 million investment in a four-year-old wastewater reuse plant near Atlanta.
The move follows a reorganisation of GE a year ago, which brought GE Energy Financial Services ...
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