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GE Unveils Wind-Power Projects in Michigan, Iowa

By Tess Stynes General Electric Co. (GE) unveiled plans to supply wind turbines for alternative-energy projects in Michigan and Iowa, including the sale of 137 of its largest-capacity wind turbines operating in North America. DTE Energy Co. (DTE) expects to spend $500 million for 137 of GE's 1.6-100 units for several wind projects, part of the Detroit electric and gas utility's efforts to increase its sources of alternative energy. The wind turbines have a total capacity of about 220 megawatts. GE said it has received commitments over the past several months for the 1.6-100 turbines with a combined capacity of about 1.8 gigawatts. That represents about half of the total capacity covered in agreements--with a total estimated value of $3.6 billion--since the technology was introduced about a year ago. In Iowa, a community wind initiative is purchasing six wind turbines from GE, which will be added to two current units, resulting in a 12.6-megawatt wind project across several communities. Write to Tess Stynes at Tess.Stynes@dowjones.com

Stock News for Gen Electric (GE)
DateTimeHeadline
07/28/201616:46:53Statement of Changes in Beneficial Ownership (4)
07/28/201616:45:39Statement of Changes in Beneficial Ownership (4)
07/28/201616:45:09Statement of Changes in Beneficial Ownership (4)
07/28/201616:44:16Statement of Changes in Beneficial Ownership (4)
07/28/201606:58:00GE Sells 14.4% Stake in Penske Truck Leasing to Penske Automotive...
07/28/201602:34:00GE to Sell Shares in GE Capital Interbanca to Banca IFIS
07/28/201601:31:00GE to Sell Its Shares in GE Capital Interbanca S.p.A to Banca...
07/27/201610:00:00State Street Fee Revenue Drops on Weaker Market Conditions
07/26/201616:30:34Statement of Changes in Beneficial Ownership (4)
07/26/201616:30:07Statement of Changes in Beneficial Ownership (4)
07/26/201616:29:40Statement of Changes in Beneficial Ownership (4)
07/26/201610:51:00GE Does Away With Employee Ratings
07/23/201603:03:00GE, Honeywell Endure Oil Slump's Pain -- WSJ
07/22/201614:50:00General Electric, Honeywell Post Lower Revenue --4th Update
07/22/201610:31:00GE Posts Weaker Industrial Results, Predicts Second-Half Rebound--3rd...
07/22/201610:14:00GE Posts Weak Industrial Results, Predicts Second-Half Rebound--2nd...
07/22/201609:44:00U.S. Hot Stocks: Hot Stocks to Watch
07/22/201608:25:00GE Reports 15% Rise in Revenue--Update
07/22/201607:40:00GE Reports 15% Rise in Revenue
07/22/201607:33:01Current Report Filing (8-k)

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