14 November 2002 – Luis Ramíirez has been named President and General Manager of GE Energy Rentals, Inc., succeeding Caroline Reda who has been named President of GE Energy Parts, Inc. and General Manager of GE Energy Services’ Parts Operation.

Ramíirez has been serving as the North American Operations Leader for the energy rentals organization and joined GE Power Systems in 2000. Prior to his Energy Rentals assignment, he was Business Development and Integration Leader for another GE Power Systems business, Energy Management Systems.

“I am very excited with the opportunity to lead this dynamic business,” said Ramíirez. “Since GE Energy Rentals was formed in 1999, it has grown into a global leader for rental solutions, offering a broad range of power and temperature control equipment and services. In today’s highly competitive environment where energy producers and users are seeking timely and cost-effective solutions, we believe there are tremendous opportunities for continued growth.”

GE Energy Rentals, based in Atlanta, was formed by GE Power Systems to offer rental equipment for temporary distributed power and climate control applications in the commercial, industrial, utility, oil and gas and special events industries. GE Energy Rentals has developed a broad family of rental products including natural gas-fired engines, diesel generators ranging from five kilowatts to 1.9 megawatts, a portable power plant with an output of nearly 23 megawatts, air conditioners as large as 50 tons and water-cooled chillers up to 1000 tons.