GE Capital Finances Acquisition of 26 Denny’s Restaurants
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General Electric (GE) Signs 2.68-GW Electricity Delivery Agreement with Egypt
March 13, 2015 6:40 AM EDTToday, at the Egypt Economic Development Conference, GE (NYSE: GE) announced signed major contracts with the government of Egypt to deliver 2.683 gigawatts (GW) of electricity, which is equivalent to the energy needed to power more than 2.5 million homes. GE will be supplying a total of 46 turbines: 34 aeroderivative gas turbines and 12 heavy-duty gas turbines, which will start delivering power as soon as May 2015. The announced contracts were signed in December of 2014 and construction is... More
