Adelaide Advertiser
Saturday 17/2/2007 Page: 85
STAMFORD, Connecticut: GE Energy Financial Services intends investing $A344 million in six wind farms - in California, Illinois, New Mexico and Pennsylvania - owned by affiliates of global investment and advisory firm Babcock and Brown. All the farms have either been completed or will be this year.
The announcement is the latest in a series of deals to expand GE's foothold in wind power. On Thursday it said it would sell wind farms in Germany for shares in Theolia, a French wind power generator.
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