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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
07/29/201512:01:16GE to Build 100 Megawatt Wind Farm in Kenya
07/29/201505:00:00GE Healthcare to invest in enhanced training for over two million...
07/28/201517:00:01Statement of Changes in Beneficial Ownership (4)
07/28/201516:31:29Statement of Changes in Beneficial Ownership (4)
07/28/201512:40:11Regulators Give First Feedback to Financial Firms on 'Living...
07/28/201508:05:00GE’s FirstBuild™ Celebrates Breakout First Year
07/28/201508:00:00Commercial Distribution Finance Seeing Strong Powersports Industry...
07/27/201514:10:14Alstom to Lower Price of Energy Assets in Sale to GE
07/27/201514:06:13Alstom to Lower Price of Energy Assets in Sale to GE--Update
07/27/201514:02:18Alstom to Lower Price of Energy Assets in Sale to GE
07/23/201509:00:00First Nugget Ice Maker for Home Use Launches
07/23/201509:00:00NFL & GE Announce Six Final Winners of $10 Million Head Health...
07/23/201509:00:00New Contracts and Project Updates - Report on General Electric...
07/23/201508:00:00Commercial Distribution Finance and Husqvarna Group Extend Strategic...
07/20/201518:53:10Fed Lifts Capital Requirements for Banks -- 3rd Update
07/20/201515:37:33Fed to Allow GE Capital Time to Complete Divestitures -- Update
07/20/201513:20:14Fed to Allow GE Capital Time to Complete Divestitures
07/20/201513:11:19Fed to Allow GE Capital Time to Complete Divestitures
07/20/201510:00:00GE to Provide Mobile Imaging Equipment for Athletes at 2015 REEBOK...
07/20/201509:00:00GE chooses Microsoft Office 365 for employee collaboration and...

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