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Jack Welch

Former GE CEO Jack Welch dies

Former General Electric (GE) CEO John “Jack” Welch died at age 84, the company confirmed in a statement Monday. He was a chairman and CEO from 1981 to 2001.

GE sells Distributed Power business for $3.25B

USA, Boston: GE announced that it has signed an agreement to sell its Distributed Power business to Advent International, a global private equity investor, for $3.25 billion.

$900M order placed for Latin America’s largest gas power plant

Brazil, São Paulo: GE has won a turnkey order exceeding $900 million with Centrais Elétricas de Sergipe S.A. (CELSE) for Brazil’s Porto de Sergipe combined-cycle power plant, which will be the largest gas power plant in Latin America.

GE commissions HVDC solution for Brazil-Uruguay interconnection

France, Paris: GE has successfully commissioned back-to-back high voltage direct current (HVDC) converter facilities for the Brazil-Uruguay interconnection project, as well as extended and equipped existing substations for Interconexiones del Sur (ISUR).

Alstom T&D India looking to change name

India, New Delhi: T&D India has requested shareholders’ approval to change the name of the company to GE T&D India, after the company has been taken over by GE.