'GE missed rise of renewables and cost shareholders billions'

Think-tank claims wrong bets on fossil assets was 'epic failure' that shows danger of misreading energy transition

A photo taken in Belfort shows road signs indicating directions for deliveries to French power and transport engineering company Alstom and US conglomerate General Electric (GE).
A photo taken in Belfort shows road signs indicating directions for deliveries to French power and transport engineering company Alstom and US conglomerate General Electric (GE).Foto: SEBASTIEN BOZON/AFP/Getty Images/NTB scanpix
Published 7 June 2019, 09:50Updated 7 June 2019, 10:10
Americas