PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Energy and Eolfi Asset Management of France Sign Contracts for Projects Totaling 70 Megawatts in Clean Wind Energy - GE (NYSE: GE) will supply 28 2.5-100 wind turbines to the French renewable energy asset management company Eolfi Asset Management for two wind park projects in France
GE Energy and Eolfi Asset Management of France Sign Contracts for Projects Totaling 70 Megawatts in Clean Wind Energy

 

NewswireToday - /newswire/ - Troyes, France, 2011/11/03 - GE (NYSE: GE) will supply 28 2.5-100 wind turbines to the French renewable energy asset management company Eolfi Asset Management for two wind park projects in France. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• GE Will Supply 28 Advanced Technology Wind Turbines for Two Projects;
• Projects are Located in One of France’s Strongest Wind Regions: Champagne-Ardennes, 40 kilometers North of Troyes;
• Contract Includes Full-Service Agreement; GE Recently Established Local Service Center.

GE (NYSE: GE) will supply 28 2.5-100 wind turbines to the French renewable energy asset management company Eolfi Asset Management for two wind park projects in France. The 2.5-100 wind turbines feature outputs of 2.5 megawatts (MW) and 100-meter rotor diameters.

Slated for installation in four villages in the Aube area, 40 kilometers (km) north of Troyes (about 150 km southeast of Paris), the Quatre Vents project will include 14 of the 2.5-100 MW wind turbines. For the second project, GE will install the wind turbines in two villages in Mont d’Arcis. The contracts include the wind turbine manufacturing, shipment, installation and a 10-year, full-service agreement (FSA). The two projects are about 10 km apart, in a region where GE opened a new service center earlier this year.

The Champagne-Ardenne region is well-suited for wind projects because of high winds and the large agricultural area available for installations. It already boasts more than 890 MW of wind energy production, or some 30 percent of the region’s electricity domestic consumption. The two new projects will add to that capacity and will help France reach its goal of having 23 percent of its total energy consumption come from renewables by 2020.

"This contract with Eolfi Asset Management shows the importance of being a local player," says Stephan Ritter, general manager for GE’s Renewable Energy business in Europe. "With our newly opened service center earlier this year, we can provide operation and maintenance at a local level—close to our customer. The 2.5-100 MW wind turbine offers an advanced technology in terms of efficiency, reliability and grid connection capabilities. It delivers the highest annual energy production in its class. The rotor length of 100 meters in combination with GE’s advanced grid integration technology will enable the wind farms to achieve some of the highest reliability and availability standards within Europe."

Eolfi Asset Management signed an agreement with Greensolver for the construction management of the wind parks. Eolfi expects the projects to begin commercial operation in the second half of 2012.

The FSA offered by GE includes all planned maintenance activities such as remote monitoring, routine services, preventative maintenance, onsite support and parts support, as well as unplanned maintenance such as up-tower inspection and repair, condition monitoring and turbine performance and life extension solutions. Page 2 of 2 GE November 3, 2011

About Eolfi Asset Management
Eolfi Asset Management is a Paris-based independent renewable energy asset manager specializing in wind and solar. The company’s range of funds is structured to attract institutional investors, family offices and individuals who are looking for high return, carbon free investment opportunities in the most attractive countries in Europe. Eolfi Asset Management in-house expertise covers equity raising, advisory services for third party investors, bank financing, portfolio management and reporting. Eolfi Asset Management manages two closed end infrastructure funds (FCPRs) totaling €117m and advises seven local investment funds structured for retail investors (FIPs) totaling €132m.

About GE
GE (ge.com) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide.

GE also serves the energy sector by providing technology and service solutions that are based on a commitment to quality and innovation. The company continues to invest in new technology solutions and growth through strategic acquisitions to strengthen its local presence and better serve customers around the world. The businesses that comprise GE Energy—GE Power & Water, GE Energy Management and GE Oil & Gas—work together with more than 100,000 global employees and 2010 revenues of $38 billion, to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; as well as other alternative fuels and new grid modernization technologies to meet 21st century energy needs.

PRESS Contacts
Veronique Delorme, Eolfi Asset Management
+33 1 40 07 95 00 / E: veronique.delorme[.]eolfi.com.

Ken Darling, Masto Public Relations
P: +1 518 786 6488 / E: kenneth.darling[.]ge.com

Beth Coffman, Masto Public Relations
P: +1 518 786 6488 / E: beth.coffman[.]mastopr.com.

GE news, Masto Public Relations / E: information[.]mastopr.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GE Energy and Eolfi Asset Management of France Sign Contracts for Projects Totaling 70 Megawatts in Clean Wind Energy

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE News Center |
Publisher Contact: Dr. Karin Funke-Rapp - GE Energy 
+49 5971 980 2870 karin.funkerapp[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Energy Most Recent Related Newswires:

SolarWinds IT Management Platform Being Tested for Secure Government Deployment
World's First Purpose-built LNG Bunkering Vessel Delivered to ENGIE, Fluxys, Mitsubishi Corporation and NYK
Enel Closes Acquisition of Brazilian Distribution Company CELG
SolarWinds IT Management Platform Achieves Common Criteria Certification
GE & HEI Achieve Major Milestone with First Fire of HA Gas Turbine At Bhikki Power Plant
Aluminium of Greece Collaborates with GE to Drive Efficiency Using Predix*-based First-of-their-kind Digital Smelter Solutions
Enel Green Power Gives Renewable Energy to New Paediatric Surgery Hospital in Uganda
GE Inaugurates Redhill (Stafford) Manufacturing Facility, UK
Turkey's First Digital Power Plant Powered by GE & GAMA Energ
Enel Promotes Italian Solutions in the Residential Storage Market
GE Provides Generator Services and Monitoring Solutions to Suez-Tractebel Operation & Maintenance Oman LLC
Enel Brings Two New South African PV Plants into Operation
Enel Green Power Closes 2016 with Record Renewable Energy Capacity of 2,018 MW Built
TAG Oil Expands Oil & Gas Operations into Australia
GE Continues to Modernize Generator Units of Paks Nuclear Power Plant to Help Boost Reliability of Hungary’s only Nuclear Station

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)