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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
09/19/201417:27:22GE Has Held Acquisition Talks With Dresser-Rand -FT
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09/08/201408:03:30MARKET SNAPSHOT: U.S. Stocks: Futures Off Modestly; GE In Focus
09/08/201405:44:40Electrolux's Biggest Shareholder Supports GE Appliances Deal
09/03/201401:32:13GE Gets Approval for 3-D Mammogram Machine
08/22/201417:40:07U.S. Regulator Approves GE-Powered 787-9 Jet
08/14/201412:30:19Electrolux in Talks to Acquire GE Appliances
08/14/201408:02:25Electrolux, Quirky in Talks to Buy GE Home Appliances -Bloomberg
08/01/201418:09:11Obama: Ex-Im Bank Fight Hurts U.S. Companies
07/29/201421:35:34General Electric's Finance Arm Bulks Up in Canada--Plots & Ploys
07/28/201413:38:14Alstom to Supply EUR335 Million Worth of Machinery to Iberdrola...

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