#General Electric


GE moves global headquarters to new location

USA, Massachusetts: General Electric announced its headquarters will move to the Seaport District of Boston along Necco Street, reports Electric Light & Power.

GE to cut 6,500 Alstom jobs in Europe

UK, London: Over the next two years General Electric plans to cut up to 6,500 jobs in energy units the company bought from Alstom.

GE’s Somersworth plant acquired by Aclara, layoffs announced

USA, New Hampshire: Aclara Technologies LLC, St. Louis-based supplier of smart infrastructure technologies to electric, water and gas utilities, has announced that its affiliate has signed a definitive agreement to acquire the electricity meters business currently operating within GE Energy Management’s Grid Solutions subdivision, along with the General Electric plant in Somersworth, New Hampshire.

GE and Alstom form another joint venture

France, Paris: With the completed acquisition of Alstom’s power and grid businesses, GE Digital Energy and Alstom Grid have combined to form Grid Solutions, a GE and Alstom joint venture.

GE wins EU approval for its $14 billion Alstom deal

Belgium, Brussels: General Electric has won EU approval for its €12.4 billion ($13.9 billion) acquisition of Alstom’s power business after agreeing to sell some of the French company’s turbine assets to Italian rival Ansaldo Energia.

GE’s Immelt firm on closing Alstom power purchase

General Electric Co (GE.N) Chief Executive Jeff Immelt declined on Friday to consider alternatives to the U.S. conglomerate’s planned purchase of Alstom’s (ALSO.PA) power business despite resistance from European antitrust regulators.

GE to auction transmission capacity from Linden VFT project

USA, New York: General Electric unit GE Energy Financial Services has announced that it will auction 315 MW of bi-directional electricity transfer capacity across its Linden Variable Frequency Transformer (VFT) smart grid project.

c5c0a28a3994ca1491828123987c79bf

Siemens and Mitsubishi prepare to make offer for Alstom

France, Levallois-Perret: Siemens and Mitsubishi Heavy Industries are, according to the reports, preparing to make a joint offer that could pressure General Electric to improve its bid for Alstom power business.