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GE Energy

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

GE Energy is a division of General Electric and is headquartered in Atlanta, Georgia, United States. ^[3]

Contents [hide] 1 History 2 Divisions 3 See also 4 References 5 External links

[edit]History

This section is outdated. Please update this article to reflect recent events or newly available information. (September 2012)

A company-wide reorganization prompted by financial losses led to the unit's formation in 2008 from companies within GE Infrastructure.^{[4][dead link]}

On March 29, 2011, GE Energy announced plans to acquire a 90% stake in Converteam for $3.2 billion.^[5][6]

By end of 2012, John Krenicki will be stepping down as president of GE Energy in a move to "delayer" and break the energy businesses into the following three independent sub businesses:

GE Energy Management

GE Oil & Gas

GE Power & Water

this is seen as an effort to drive simplification and visibility in GE.

[edit]Divisions

GE Energy has the following divisions:^[2]

• Energy Management
  
  
  
  • Digital Energy
  
  
  • Industrial Solutions
  
  
  • Environmental Services