GE's
Infrastructure
orders
for
the
fourth
quarter
of
2012
“were
$28.5bn,
up
2%,
and
up
7%
excluding
the
effects
of
a
decrease
in
orders
for
wind
turbines,
and
FX
(foreign
exchange)”.
The
US
behemoth's
wind
turbine
business
suffered
at
the
tail
end
of
last
year
as
orders
wilted
in
the
face
of
uncertainty
over
the
future
of
the
key
federal
incentive.
GE
CEO
Jeff
Immelt
told
financial
analysts
that
the
eventual
one-year
PTC
extension
was
a
"tangible"
benefit
from
the
last-gasp
negotiations
to
avoid
America's
"fiscal
cliff"
crisis.
"That
opens
up
a
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