#GE


GE invests $1B to add 3GW in Indonesian power capacity

USA, Washington DC: GE has announced the signing of four infrastructure projects valued at over $1 billion in the presence of the President of the Republic of Indonesia, Joko Widodo, during his state visit to the United States.

GE wins EU approval for its $14 billion Alstom deal

Belgium, Brussels: General Electric has won EU approval for its €12.4 billion ($13.9 billion) acquisition of Alstom’s power business after agreeing to sell some of the French company’s turbine assets to Italian rival Ansaldo Energia.

GE launches new transformer protection system

USA, Atlanta: GE’s Digital Energy business has launched MultilinTM 845 Transformer Protection System, part of the company’s Multilin 8-Series platform of protective relay devices.

GE to auction transmission capacity from Linden VFT project

USA, New York: General Electric unit GE Energy Financial Services has announced that it will auction 315 MW of bi-directional electricity transfer capacity across its Linden Variable Frequency Transformer (VFT) smart grid project.

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GE bid process for Alstom going as expected

USA, Connecticut: General Electric (GE)’s process of the $ 16.9 billion bid for the Alstom’s power turbine and grid business is going as expected according to the president of GE’s power unit.

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Toshiba interested in acquiring Alstom

Japan: Toshiba will make an offer to General Electric (GE) to acquire the power transformer and management systems from the energy department of Alstom.

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GE warns about ageing and degraded power infrastructure in Nigeria

Nigeria: According to General Electric (GE)’s Mr Lazarus Angbazo, President & Chief Executive Officer, CEO, General Electric Nigeria, the country’s electricity infrastructure is ageing and degraded, and causing the current power crisis in the country.

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GE advances in Alstom acquisition

USA, Connecticut: Alstom formally endorsed a $ 17 billion all-cash offer from General Electric for its energy division.