GE Energy [SEP] parent company
GE Power
GE Power (formerly known as GE Energy) is an American energy techniques company, owned by General Electric. GE Power is the largest energy techniques and selling energy company in the world. As of 2018, General Electric power plants produce one-third of the world's electricity.
History.
History GE Energy (early years).
GE Energy was a division of General Electric and was headquartered in Atlanta, Georgia, United States.
In 2008, a company-wide reorganization prompted by financial
of the 9FB unit would impact the new 9HA units.
Forced by a wave of very negative financial results, the company went through a series of disinvestments and reorganization in 2017.
In May 2017, GE Oil & Gas was combined with Baker Hughes Incorporated to create Baker Hughes, a GE company (BHGE), a new tier-1 business inside the parent group.
In June 2017, GE Energy Connections merged again with GE Power & Water, to become the present GE Power. The new combined business unit is