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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
05/03/201601:12:00GE Completes Sale of Commercial Lending and Leasing Assets in...
04/29/201616:11:43Current Report Filing (8-k)
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04/27/201616:53:24Statement of Changes in Beneficial Ownership (4)
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04/26/201617:23:10Statement of Changes in Beneficial Ownership (4)
04/26/201614:30:00Sky Global One Power Plant in Texas Opens, Featuring First of...
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04/25/201609:00:00Current, powered by GE, Grows Intelligent Environments App Catalog...
04/25/201607:00:00GE Closes Sale of Franchise Finance U.S. Hotel Business to Western...
04/25/201607:00:00GE Capital Australia Funding Pty. Ltd., GE Capital Canada Funding...
04/25/201607:00:00GE Capital Australia Funding Pty. Ltd. Announces Any and All...
04/25/201603:00:00GE Revolutionizes Equipment Operations with First Complete Asset...
04/24/201621:10:00Siemens to Showcase Its U.S. Presence During Obama Visit
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04/23/201603:03:00GE Battles Energy Slump -- WSJ
04/22/201616:28:00Oil Gloom Hurts GE Results -- Update
04/22/201613:28:00Correction to FAA Engine-Icing Fixes Mandates Story

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