GE Power & Water, Alstom Power combine

Alstom Power Modules

General Electric said with the completion of its Alstom acquisition, GE Power & Water and Alstom Power have combined to form GE Power.

Headquartered in Schenectady, Steve Bolze, will serve as president and CEO of GE Power, leading more than 65,000 employees in over 150 countries with estimated revenue of $30 billion.

By combining the strongest attributes of GE’s power generation technologies, services and expertise with Alstom Power’s technology and geography, the global utility sector will benefit from a supplier of total power plant and life cycle solutions that can support equipment from multiple suppliers.

GE Power provides a diverse portfolio of technologies and suite of services that help make power more affordable, reliable and sustainable.

“We now offer utility and industrial power plant operators even more complete, customized ‘one-stop shop’ solutions—not just for developing new stations but also optimized life cycle support for existing facilities to support local energy security. Our portfolio of technologies include the world’s largest and most efficient gas turbine—the HA, full power plant components, boilers, steam turbines, reciprocating engines and more,” Steve Bolze said. “Being a digital industrial business, we also offer digital and software solutions, specifically our Digital Power Plant, which helps our customers increase output, improve efficiency, lower operating costs, improve integration of renewable energy and reduce unplanned downtime.”

GE Power six businesses and line of leadership:

·      Power Services headquartered in Baden, Switzerland, and led by Paul McElhinney.

·      Gas Power Systems headquartered in Schenectady and led by Joe Mastrangelo.

·      Steam Power Systems headquartered in Baden, Switzerland, and led by Andreas Lusch.

·      Distributed Power headquartered in Jenbach, Austria, and led by Lorraine Bolsinger.

·      GE Hitachi Nuclear Energy headquartered in Wilmington, North Carolina, and led by Jay Wileman, succeeding Caroline Reda who will now head up Power Services’ North America region.

·      Water & Process Technologies headquartered in Trevose, Pennsylvania, and led by Heiner Markhoff.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Latest Energy Jobs

View more Job Listings >>

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013