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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
07/07/201508:00:00GE Capital, Commercial Distribution Finance is Preferred Lender...
07/07/201508:00:00Farmers Optimistic about 2015 Harvest after Stronger Seeding...
07/07/201508:00:00Les agriculteurs se montrent optimistes pour la saison des récoltes...
07/06/201516:39:46Statement of Changes in Beneficial Ownership (4)
07/06/201516:23:12Current Report Filing (8-k)
07/06/201513:14:03Wells Fargo's Mortgage Business Is Getting Even Bigger
07/06/201508:00:00GE Capital Provides Financing to Boston-Area Domino’s Franchisee
07/03/201514:58:20Electrolux's Plan to Buy GE's Appliances Unit Doesn't Worry Major...
07/02/201519:42:36Antitrust Cops Swing A Big Stick
07/02/201509:25:57Electrolux Chief Executive Vows to Remain at Helm
07/02/201505:40:05Electrolux Vows to Complete GE Deal
07/02/201505:06:51Electrolux Boss Vows to Complete GE Appliance Deal
07/01/201520:30:23GE's Divestiture Plans Hit Hurdles
07/01/201518:19:33DOJ Sues to Block Electrolux Deal for GE's Appliance Business...
07/01/201516:48:38DOJ Sues to Block Electrolux Deal for GE's Appliance Business...
07/01/201516:40:46Statement of Changes in Beneficial Ownership (4)
07/01/201516:39:54Statement of Changes in Beneficial Ownership (4)
07/01/201516:38:37Statement of Changes in Beneficial Ownership (4)
07/01/201516:38:37Statement of Changes in Beneficial Ownership (4)
07/01/201516:38:12Statement of Changes in Beneficial Ownership (4)

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