GE Power CEO Sees Struggle to Find Financing

Steve Bolze told Bloomberg that GE Power expects more than $8 billion in sales opportunities to face delays with energy projects struggling to find financing.

Bolze, who is the CEO of GE Power, also noted in an interview with Bloomberg that a slow resumption of the U.S. Export-Import Bank is further exacerbating the challenge for those looking for funding.

Despite the challenge of finding funding, Bolze said GE is optimistic about the power market, Bloomberg reported.

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