GE Energy
 |
|
| Division | |
| Industry | Energy |
| Founded | 2008 |
| Defunct | 2012 |
| Headquarters | Atlanta, Georgia, United States |
|
Area served
|
Worldwide |
|
Key people
|
John Krenicki, Jr (President & CEO)[1] |
| Products |
List
|
| Revenue | $37.1 billion (2009/10)[2] |
|
Number of employees
|
Approximately 82,000 in 2011 [2] |
| Parent | General Electric |
| Divisions | GE Energy Management GE Oil & Gas GE Power & Water |
| Website | www |
GE Energy was a division of General Electric and was headquartered in Atlanta, Georgia, United States.[3] As of 2013, it is no longer an active division of GE and all operations are managed between GE Energy Management, GE Oil & Gas, and GE Power & Water.
History[edit]
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.[4][5]
In July 2012, John Krenicki announced that he would be stepping down as president of GE Energy, and the business would broken into three new GE businesses:[6]
- GE Energy Management
- GE Oil & Gas
- GE Power & Water.
This move was seen as an effort to drive simplification and visibility in GE, and the reorganization was completed in October 2012.
Divisions[edit]
GE Energy was divided into the following divisions:[2]
- Energy Management
- Digital Energy
- Industrial Solutions
- Environmental Services
- Power Conversion (Converteam Acquisition)
- Bethesda Counsel
- GE Oil & Gas
- Drilling Solutions: Land and Offshore
- Offshore Solutions
- Subsea Solutions
- Enhanced Oil Recovery (EOR) Solutions
- Unconventional Resources
- Full Range LNG Solutions
- Industrial Power Generation
- Refinery & Petrochemicals
- Gas Storage & Pipeline
- GE Power & Water[7]
- Power Generation Products (previously known as Thermal Products)
- Power Generation Services
- Distributed Power
- GE Hitachi Nuclear Energy
- Renewable Energy
- Water & Process Technologies
See also[edit]
References[edit]
- ^ "Company Information". GE Energy. Retrieved 15 April 2011.
- ^ a b c d "GE Energy Fact Sheet" (PDF). GE Energy. Retrieved 15 April 2011.
- ^ GE Company Organization Chart
- ^ "GE Energy To Buy 90% Stake In Converteam For $3.2B". Wall Street Journal. 29 March 2011.[dead link]
- ^ "GE acquires converteam". Bloomberg.
- ^ The Wall Street Journal http://online.wsj.com/news/articles/SB10000872396390444464304577538500847681874. Missing or empty
|title=(help) - ^ "GE Energy - About Our Business". GE.
External links[edit]
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