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GE unit invests $65M in wind farm

GE has become a leading player in the turbine industry, said David Downie, director of the Program on the Environment at Fairfield University, adding that the bet that GE made on alternative energy and the Ecomagination strategy is starting to see results. “Behind that was real thinking about a marketing opportunity. More sustainable technology is definitely a part of that overall strategy,” he said. “This investment (in the Oklahoma wind farm) is important in this economic climate. In the long term, it makes financial sense.”

Published in  Stamford Advocate, Connecticut Post, Danbury News Times, Greenwich Time, Darien News, American Banking News on 3/11/10

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