GE Makes First European Water Investment

6 February 2007

GE Energy Financial Services is acquiring a 95% stake of Idex AQUASERVICES in France. Idex AQUASERVICES is a developer, owner and operator of facilities that purify water for the food, beverage and cosmetics industries.

The investment is the first for GE Energy Financial Services’ water team outside the United States and its first in the burgeoning market for industrial water treatment, which represents an estimated one-third of all water assets worldwide.

With $13 billion in assets, GE Energy Financial Services invests more than $5 billion annually in two of the world’s most capital-intensive industries, energy and water.