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GE launches energy efficiency subsidiary

General Electric has reshuffled several energy management and research operations into a new subsidiary called “Current” aimed at new energy technologies, the company announced Wednesday. The new unit, which integrates lighting, solar, energy storage and electrical businesses, will work with clients to analyze energy use and provide suggestions on boosting efficiency. GE listed several large companies that have signed on with Current, including Walgreen, JPMorgan Chase, Simon Property Group and