GE's Wind Portfolio
GE made the news today with its investment in the Alta Wind I farm in Kern County, California. This made me want to dig a little deeper to get a better idea of GE Energy Financial Service's strategy. I went into their website to see their wind energy portfolio and the kind of activity has occurred between December 2010 and this latest announcement. What I found was interesting and seems to correlate with GE's stock activity. Take a look at the charts and you'll see December's break out, but inability to break out of the current channel (and overhead resistance in January) Here's some of the highlights for December: CPV Renewable Energy Company $65,000,000 152-megawatt wind project located 12 miles southwest of Woodward, Oklahoma Horizon Wind Energy LLC $111,000,000 The farms are located in Rattlesnake Road, Oregon (103 MW); Meridian Way, north central Kansas (201 MW); and Pioneer Prairie, northeastern Iowa (300 MW). $117,000,000 225-megawatt wind fa...