3 Ways General Electric Just Got Serious About Wind Energy

Image source: GE

1. International Scale

International Scale

• More than 30,000 turbines worldwide

• 50% increase in European presence

• Latin America expansion

With the Alstom acquisition:

2. New Offshore Opportunities

New Offshore Opportunities

• Backlog of offshore wind orders from France’s largest utility

• Offshore project in Germany• Turbine technology to be

used in the United States’ first (30 MW) offshore wind farm

Alstom’s handoff includes:

3. Increased Investor Transparency

Increased Investor Transparency

• Historically, renewables have been clumped under GE’s “Power & Water” unit.

• Now, investors will have access to fundamental finance numbers on renewable energies, alone.

• This move could also be a signal that GE’s renewable energy business is doing well enough for the company to feel good about financial transparency—a potentially good sign for investors.

GE’s decision to create a renewable energy business unit means more detailed reports for investors.

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