GE 2009 Annual Report Download - page 22

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Financing for the products we know
with people we know
Creating “Green Collar” Jobs
Renewable energy investments made by
GE Capital’s Energy Financial Services
unit are creating “green collar” jobs and
helping America increase power generation
from renewable sources, support innova-
tion, attract foreign investment and help
the environment. One example is our
investment in the Shepherds Flat wind
farm being built in Oregon by Caithness
Energy, LLC. At 845 megawatts, the
$2 billion facility will be the largest wind
farm in the United States. Caithness Energy
estimates that the project will annually
provide $16 million of direct economic
benefits to Oregon and employ up to 435
workers during construction and operation.
Big Help to Big and Small Businesses
In virtually every major industry, GE Capital provides loans, leases,
financing programs, equipment leasing and other services to support
businesses and jobs around the world. More than 1.2 million small
and medium-sized businesses in the United States rely on GE Capital
for their financing needs. In 2009 alone, GE Capital provided more
than $150 billion in global lending, with a significant portion going to
small and medium-sized American businesses.
20 GE 2009 ANNUAL REPORT