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Page added on February 15, 2006

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Investors Are Tilting Toward Windmills

It’s hard to be in a business where you literally

“The president’s speech changed zero for us; it was simply a recognition of what we already knew,” said David L. Calhoun, vice chairman of GE Infrastructure, the group that includes both turbine manufacture and energy financing.

For now, wind energy is the only profit star in G.E.’s alternative energy galaxy, and both the finance and equipment sides of the company know they are gambling when it comes to solar and other fledgling technologies. Still, analysts applaud their decision to move on them.

NY Times



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