A unit of General Electric Co (GE.N) plans to invest C$40 million ($40.4 million) in a wind energy project being developed in the Canadian province of British Columbia by Finavera Wind Energy Inc (FVR.V), the small developer said on Tuesday. GE Energy Financial Services has agreed to the indicative terms of an equity investment in a 77-megawatt Wildmare project that Finavera plans to build in northeastern British Columbia, Finavera said. The long-awaited news propelled Finavera's stock 20 percent higher on the TSX Venture Exchange.
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