GE Energy

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GE Energy
Subsidiary
Industry Energy
Founded 2008 (2008)
Defunct 2012
Headquarters Atlanta, Georgia, United States
Area served
Worldwide
Key people
John Krenicki, Jr
(President & CEO)[1]
Products
List
  • 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[2]
Revenue US$ 37.1 billion (2009/10)[2]
Number of employees
Approximately 82,000 (2011)[2]
Parent General Electric
Divisions GE Energy Management
GE Oil and Gas
GE Power and Water
Website www.ge-energy.com

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

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 be broken into three new GE businesses:[6]

This move was seen as an effort to drive simplification and visibility in GE, and the reorganization was completed in October 2012.

Divisions

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][not in citation given]
    • Power Generation Products (previously known as Thermal Products)
    • Power Generation Services
    • Distributed Power
    • GE Hitachi Nuclear Energy
    • Renewable Energy
    • Water & Process Technologies

See also

References

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  3. GE Company Organization Chart
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External links

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