Growth through globalization is vital for Energy but more com- plex than just selling to new regions. It’s about creating a lasting presence from which to build long-term relationships. Energy does this by deploying a “company-to-country” approach —localizing application solutions to meet each region’s unique needs, invest ing in businesses aligned with regional demographic trends and We expand globally by committing to each country where we do business — what we call “company to country.” 3 Globalization ge 2006 annual report 29 committing to the communities around the world where we work and live. Pictured here, Saudi Arabia is just one example of how globalization drives growth yielding $2 billion in orders and commitments for power projects in the past six months.

30 ge 2006 annual report projects. For example, this 11-megawatt solar power plant in Portugal the world’s biggest photovoltaic project —is fi nanced and owned by Energy Financial Services. This helps our customer Portugal’s electric transmission company meet its environmental challenges, providing electricity sufficient to power 8,000 homes and saving more than 30,000 tons a year in greenhouse gas emissions compared with equivalent fossil fuel generation. 4 Commercial Excellence We offer what few companies can — the full breadth of GE businesses, offering unique solutions to our customers. Commercial excellence allows us to use GE’s broad strength and deep expertise in both manufacturing and financing to help our customers win in the marketplace. Energy Financial Services offers unparalleled expertise in investing globally across the capital spectrum in energy and water, backed by the best of GE’s technical know-how. This unique combination enables us to think big and to take a strategic approach to major water and power generation