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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
01/23/201717:21:41Statement of Changes in Beneficial Ownership (4)
01/23/201709:00:00The NBA & GE Healthcare Issue a Call for Proposals to Address...
01/21/201703:02:00GE Says Revenue Felt Oil's Pressure -- WSJ
01/20/201718:48:00Trump Moving to Fill Blanks in Financial and Economic Rosters
01/20/201712:47:00Washington Uncertainty May Give GE an Unhealthy Glow
01/20/201710:09:00Higher Oil Prices Put Smiles on the Faces of Energy Executives...
01/20/201708:13:20Current Report Filing (8-k)
01/20/201703:03:00Ahead of the Tape: GE's Stock Upswing Needs More Power -- WSJ
01/19/201712:45:00GE's Stock Rally Needs More Power -- Ahead of the Tape
01/18/201709:11:00GE announces more than $1.4 billion in power generation orders...
01/17/201715:24:00AMBLIN ENTERTAINMENT AND UNIVERSAL PICTURES PRESENT THE PREMIERE...
01/17/201713:00:00GE and Actua host digital technology event for "Generation Now"
01/16/201706:00:00Bahrain’s Alba Places Order for GE’s World-Record-Setting HA...
01/12/201719:50:00GE's Tax Team Heads to PwC -- 4th Update
01/12/201718:48:00GE's Tax Team Heads to PwC -- 3rd Update
01/12/201717:43:00GE's Tax Team Heads to PwC -- 2nd Update
01/12/201711:58:00GE Plans Giant Tax Trade to Send More Than 600 to Accounting...
01/12/201711:37:00China's Haier Group Focuses on Costs at Louisville's Appliance...
01/10/201717:50:00GE Digital Completes Acquisition of ServiceMax, Enabling Service...
01/10/201716:00:00GE Digital Completes Acquisition of ServiceMax, Enabling Service...

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