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Nigeria Government: GE To Invest $10 Billion In Power Plants -Reuters

DOW JONES NEWSWIRES General Electric Co. (GE) has agreed to invest $10 billion in new power plants in Nigeria, that country's power ministry said Monday, Reuters reported on its website. Under terms of a memorandum of understanding, GE will take a 10% to 15% equity stake in the plants and that GE will join with the government and unspecified partners after a privatization of Nigeria's power sector, an unidentified spokesman for the ministry told Reuters. The spokesman did not say in what kind of power stations GE would invest. Full story at: www.reuters.com/article/2012/03/26/ge-nigeria-idUSL6E8EQ46T20120326?type=companyNews&feedType=RSS&feedName=companyNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FcompanyNews+%28News+%2F+US+%2F+Company+News%29 -Dow Jones Newswires; 212-416-2900

Stock News for Gen Electric (GE)
DateTimeHeadline
05/25/201514:09:02The Solution to Iran's Aggressive Persian Gulf Policy
05/22/201516:35:24Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201516:39:42Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
05/20/201516:05:00GE Aviation and Woodward Combine Fuel Systems Expertise for New...
05/20/201515:55:16GE CEO Open to Intellectual Property Sales to Get Alstom Nod...
05/20/201513:00:16GE Certain Alstom Deal Will Go Through
05/20/201512:54:11GE CEO Immelt Says He Is Confident Regulators Will Approve Alstom...
05/20/201512:15:10What Is the S&P 500 Index?
05/20/201511:03:02More Than Just Talk: Cisco Systems Inc. and Intel Corporation...
05/20/201507:30:06GE Puts Australia Commercial-Lending Business on Block
05/20/201506:59:40Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
05/19/201519:50:10Peltz Fell Short of Taking DuPont Board Seat
05/19/201519:25:04Nelson Peltz One Big Holder Vote Away From DuPont Board Seat...
05/19/201516:15:17This Innovation Will Help U.S. Companies Win the Oil Price War
05/19/201510:32:00GE Reports 2014 Sustainability Progress
05/19/201508:00:00GE Launches the Next Evolution of Wind Energy Making Renewables...
05/18/201521:09:03The 30 Dow Jones Stocks
05/18/201512:14:02Time to Take Profit in Berkshire Hathaway Stock?
05/18/201510:37:09Thorntons' CEO Departs; Blinkx Warns on Profit Hit
05/18/201508:00:00GEâs Fuel Flex Technology Helps CEPSA Enable Spainâs Oil Ref...

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