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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
05/27/201605:00:00Philips Lighting Shares Jump on Market Debut
05/26/201611:00:00Goldman Sachs Dumps Employee-Ranking System
05/26/201606:30:00GE to Supply Engines for South Korea's New Fighters
05/26/201606:15:00GE to Supply Engines for South Korea's New Fighter Jets
05/25/201622:21:00Corporate Malaysia Welcomes the 4th Industrial Revolution
05/25/201610:15:00TCS and GE Partner to Enable Healthcare Industry Transformation
05/24/201623:40:00Wesfarmers to Take Big Impairment Hit
05/24/201616:11:36Statement of Changes in Beneficial Ownership (4)
05/24/201609:30:00GE Renewable Energy Introduces New Suite of Digital Wind Farm...
05/24/201603:03:00GE Sets $1 Billion in Saudi Projects -- WSJ
05/23/201608:50:00GE to Invest $1.4 Billion in Saudi Arabia
05/23/201608:41:00GE to Invest $1.4 Billion in Saudi Arabia
05/23/201608:19:00GE to Invest $1.4 Billion in Saudi Arabia
05/20/201608:05:00How Investors Feel About the Diversified Machinery Industry?...
05/19/201610:00:00GE Healthcare and Accenture Target $2 Billion in Lost Revenue...
05/18/201616:10:00GE's Jeff Immelt Sees Improving Growth in Second Half of 2016
05/18/201614:16:00EY and GE Digital form alliance in Industrial Internet of Things
05/18/201614:00:00EY and GE Digital form alliance in Industrial Internet of Things
05/18/201610:30:00GE Puts Their Jets Where the Dirt Is: Over 140 Dishwasher Jets...
05/18/201604:00:00China's Midea Group Announces Bid for Germany's Kuka

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