# GE invests over $200M in aeroderivative business

GE Power announced it is investing more than $200 million over three years in its Aeroderivative business, including new product introductions, services capabilities, expansion of its Houston Service Center, and cross-fleet solutions to repower other OEM gas turbines.

- Type: Investment
- Announced: 2018-10-10
- Where: Houston, United States
- Value: $200.0M
- Jobs: 40
- Status: announced
- Products: aeroderivative gas turbines, cross-fleet solutions for gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Power](https://endata.com/companies/2749.md)

## Sources

- [gevernova.com](https://www.gevernova.com/news/press-releases/ge-seizes-opportunity-changing-energy-landscape-investments-aeroderivative-business), 2018-10-09: "GE Power sees significant opportunity for its Aeroderivative business and announced that it is investing more than $200 million in the business over the next three years across new product introductions and services capabilities."
- [power-eng.com](https://www.power-eng.com/gas/turbines/ge-sends-aeroderivative-gas-turbine-to-spain-plant-invests-200m-in-houston-work/), 2018-10-10: "GE Power is increasing its focus on aeroderivative turbine business and announced this it is investing more than $200 million over the next three years on the line."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.