GE and Mubadala put in $2B for joint venture's first year

12/13/2010 | Bloomberg

General Electric and Mubadala Development committed $2 billion for the first year to their joint venture. The goal is to use the capital in infrastructure projects throughout the Middle East, focusing on the United Arab Emirates. The partners plan to invest $4 billion in equity in the joint venture over five years.

View Full Article in:

Bloomberg