Strategic Alliance to Fund Power Generation Development Projects

GE Energy Financial Services and Starwood Energy Group Global, LLC (“Starwood”) announced today that they have formed a strategic alliance to fund power generation development projects.

GE Energy Financial Services and Starwood will invest in contracted and merchant pre-construction coal, gas and wind power generation projects. The venture, focusing initially on the United States and Canada, will consider funding mid- to late-stage development projects with long-term equity investment potential.

RedNova