GE Wins Erbil Power Plant Contract

GE (NYSE: GE) today announced that it will provide gas turbine technology to Mass Global Investment Company, an independent power producer, to help meet northern Iraq’s growing demand for electricity. Under the agreement, GE will supply three Frame 9E gas turbines and generators for the 375-megawatt expansion of the Arbil Power Plant, located in Iraq’s Kurdistan region.

“Our mission is to support Iraq’s overall efforts to continue developing and expanding its energy infrastructure,” said Ahmad Ismail, chairman of Mass Global. “We are confident that working with a global technology leader such as GE, with its proven and reliable advanced energy technology, will contribute significantly to helping us fulfill our mission, which is in line with the Kurdistan regional government’s initiative calling for the private sector to help meet the energy requirements in this region.”

This new contract follows an announcement earlier this year that GE is providing equipment for two other projects in the same region that are part of Mass Global’s ongoing efforts to support Kurdistan and Iraq’s current and future power needs. When all of the current projects are completed, the total electricity capacity of Mass Global-developed power plants in the Kurdistan region will be increased to 2,200 megawatts.

“This latest agreement builds upon our growing relationship with Mass Global to provide innovative technology and services to help ensure that the people of northern Iraq have a reliable and secure supply of electricity,” said Joseph Anis, GE Energy’s president for the Middle East. “This agreement also reflects GE’s ongoing commitment to support Iraq in boosting its power generation and infrastructure growth.

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