Subsidiary | |
Industry | Energy |
Founded | 2008 2012 (as GE Power) |
(as GE Energy)
Headquarters | Schenectady, New York, United States |
Area served
|
Worldwide |
Key people
|
Steve Bolze, Jr (President & CEO) |
Products | Electricity transmission and distribution equipment Gas engines Gas turbines Generators Measurement and control systems Nuclear reactors Oil drilling and production equipment Pipeline equipment Solar panels Steam turbines Water and process technologies Wind turbines |
Parent | General Electric |
Divisions | GE Energy Management GE Oil and Gas GE Power and Water |
Website | www |
Subsidiary | |
Founded | 2008 |
Defunct | 2012 |
Revenue | US$37.1 billion (2009/10) |
Number of employees
|
Approximately 82,000 (2011) |
Parent | General Electric |
Divisions | GE Energy Management GE Oil and Gas GE Power and Water |
Website | www |
GE Power (formerly known as GE Energy) is an American energy techniques company, owned by General Electric.GE Power is the largest energy techniques and selling energy company in the world.
GE Energy was a division of General Electric and was headquartered in Atlanta, Georgia, United States.
In 2008, a company-wide reorganization prompted by financial losses led to the unit's formation from companies within GE Infrastructure.
On March 29, 2011, GE Energy announced plans to acquire a 90% stake in Converteam for $3.2 billion.
In July 2012, John Krenicki announced that he would be stepping down as president of GE Energy, and the business would be broken into three new GE businesses and GE Energy was divided into the following divisions:
As of 2013, GE Energy is no longer an active division of GE and all operations are managed between GE Energy Management, GE Oil & Gas, and GE Power & Water and the entire company now is GE Power.
This move was seen as an effort to drive simplification and visibility in GE, and the reorganization was completed in October 2013. The company's new name is GE Power and it oversees all the divisions. Now the company is one of the largest companies in the world and is the leader in different energy techniques and selling energy.