Table of Contents
Table of Contents 3
List of Tables 6
List of Figures 6
GE Power, Power, Deals By Year, 2011 to YTD 2017 7
GE Power, Power Deals By Type, 2011 to YTD 2017 8
GE Power, Power, Deals By Region, 2011 to YTD 2017 9
GE Power, Power, Deals By Sector, 2011 to YTD 2017 10
GE Power, Power, Deals Summary, 2011 to YTD 2017 11
GE Power, Power, Deal Details 12
Asset Purchase 12
Qaiwan Completes Project Financing of USD105 Million for Refinancing of Bazian Natural Gas Fired Power Plant in Iraq 12
Partnerships 13
GE Power Forms Partnership with Saudi Electricity 13
GE Power Forms Partnership with CS Bioenergia to Develop Biomass Power Plant in Brazil 14
Asset Transactions 15
Clarcor Completes Acquisition Of Air Filtration Business From GE Power & Water For Up To US$265 Million 15
Acquisition 17
GE Power Completes Acquisition of Doosan Engineering & Construction HRSG from Doosan Engineering for USD250 Million 17
GE Power & Water Acquires Blade Dynamics 18
GE Power & Water to Acquire Monsal 19
APR Energy Acquires GE Power & Water From General Electric For US$361.5 Million 20
GE Power – Key Competitors 22
GE Power – Key Employees 23
GE Power – Locations And Subsidiaries 24
Head Office 24
Other Locations & Subsidiaries 24
Business Unit 24
Recent Developments 25
Dec 12, 2017: WEH locks wind farm deal 25
Dec 12, 2017: Exelon’s Wolf Hollow Generation Station II with GE’s HA Technology Wins ‘Natural Gas Project of the Year’ 26
Dec 11, 2017: GE Power, Egypt’s EETC agree to extend Gabal El Zayt substation 27
Dec 07, 2017: GE Power Announces Global Headcount Reduction of 12,000 Jobs As Part of Plan to Take Out $1 Billion in Structural Costs 28
Dec 04, 2017: HA technology now available at industry-first 64 percent efficiency 29
Nov 29, 2017: GE to supply LMS100 gas turbine for natural gas-based power plant in Bangladesh 30
Nov 28, 2017: Modernized Tor di Valle District Heating Plant in Rome Completed Ahead of Schedule with Advanced and Efficient Technologies 31
Nov 22, 2017: Powering Iraq from North to South: Ministry of Electricity and GE Sign $400 Million Contract to Build 14 Electric Substations 32
Nov 15, 2017: GE’s Hardware and Digital Upgrades Help Increase Efficiency and Output at Azito Power Plant in the Ivory Coast 33
Nov 15, 2017: RAGHU Krishnamoorthy Named Chief Human Resources Officer Susan Peters To Retire From GE 35
Nov 11, 2017: GE cutting staff ahead of new CEO’s Monday overhaul 36
Oct 31, 2017: GE supplies MV7-5L converters for Andritz Hydro’s hydroelectric generation station in Canada 37
Oct 30, 2017: GE Power, NOMAC to enhance performance of 26 power generation and desalination sites 38
Oct 26, 2017: Engro Signs New Digital Agreement with GE Power to Enhance Performance at Six Power Plants across Pakistan and Nigeria 39
Oct 25, 2017: Groundbreaking Held For New 1,050-Megawatt CPV Fairview Energy Center In Pennsylvania 40
Oct 15, 2017: Pemex will use GE’s TM2500 technology with APR Energy to restore power in Salina Cruz, Mexico 41
Oct 11, 2017: LJUNGSTROM has Completed the Heavy Erection Installation of Gas-Gas Heater for ZW Nowa Power Plant 42
Oct 09, 2017: GE signs multi-year service agreement with Saudi Electricity Company for Riyadh Power Plant 12 43
Oct 09, 2017: GE and Atlas Renewable Energy Partner to Deliver More-Efficient Solar Farms in Brazil 44
Oct 03, 2017: GE’s Global Electricity Monitoring & Diagnostics Center to further reduce power outages worldwide with large-scale industrial IoT implementation 45
Oct 02, 2017: GE to deliver gas turbines for Nishi-Nagoya power plant 46
Sep 27, 2017: GE Upgrades Main Power Grid in Oslo and Akershus to Boost Electricity Capacity and Security 47
Sep 15, 2017: GE cuts some jobs in Schenectady 48
Sep 13, 2017: GE Power selected for another major gas power plant contract in South Asia 49
Sep 05, 2017: GE Power Announces PT. Euroasiatic Jaya as Jenbacher Gas Engines Distributor for Indonesia 50
Aug 17, 2017: Guris Holding to develop wind power plants in Ukraine 51
Jul 05, 2017: GE leads digital transformation of Kuwait Ministry of Electricity & Water’s Sabiya CCGT Power Station 52
Jul 05, 2017: Clarke Energy Deploys GE’s myPlant Asset Performance Management Solution on More than 170 Jenbacher Gas Engines in France 53
Jul 04, 2017: GE and CMEC mark important milestone with delivery of critical equipment at Thar Block II Power Plant 54
Jun 14, 2017: Russell Stokes named President and CEO of GE Power 55
Jun 13, 2017: GE’s Veresegyhaz factory improves its efficiency by its own digital solutions 56
Jun 13, 2017: Wind turbine collapses at 75MW Steele Flats wind farm in Nebraska, US 57
May 16, 2017: New GE Power Technology Innovation Center Will Showcase Increased Efficiency, Reduced Emissions of Coal-Fired Steam Power Plants 58
May 15, 2017: US-based GE offers advanced supercritical technology for steam-power generation 60
May 12, 2017: GE Power signs $120m contract for service of gas and steam turbines in Mexican power plants 61
May 10, 2017: Akenerji Selects GE’s Predix-based Operations Optimization Software to Improve Gas Thermal Plant Efficiencies and Performance 62
May 02, 2017: GE announces order with AE Energia to bring fast, digital power to Angola 63
May 02, 2017: First Fire of GE’s 9HA Gas Turbine Achieved in Record Time at Haveli Bahadur Shah Power Plant 64
Apr 27, 2017: GE Increases Power Output of Its J920 FleXtra Gas Engine by Nearly 10 Percent 65
Apr 26, 2017: GE Hands Over South East Asia’s First 1,000MW Ultra-supercritical Coal-Fired Power Plant to Malaysia’s Tenaga Nasional Berhad 66
Apr 25, 2017: Invenergy Selects GE’s Predix-based Asset Performance Management (APM) Solution to Improve Gas Thermal Fleet Performance as Part of Shift to Clean Energy Future 67
Apr 24, 2017: GE Power and Sonelgaz strengthen power sector, mark digital industrial transformation in Algeria through landmark collaboration 68
Apr 23, 2017: GE power takes part in Philippines auction for power project 70
Apr 19, 2017: Marubeni Selects GE’s Predix-based Digital Solutions to Improve Operational Efficiency for its Gas Thermal Power Plants in Japan 71
Apr 18, 2017: GE to supply power generation equipment for Sabiya Power Plant in Kuwait 72
Apr 11, 2017: GE & MGH mark commercial operations of 9F gas turbines at Baghdad Power Plant 73
Apr 05, 2017: SPR Energy Puts Trust in GE to Operate Malaysian Power Plant for the Next 18 Years 74
Mar 28, 2017: GE to upgarde turbines at combined-cycle power station in China 75
Mar 24, 2017: GE, Sarawak Energy sign deal for Tanjung Kidurong power station in Malaysia 76
Mar 22, 2017: GE upgrades Kureimat power plant in Egypt 77
Mar 16, 2017: GE equips new 1,320 MW CPHGC power plant to help Pakistan meet growing energy needs 78
Mar 02, 2017: GE’s H-class Engineered Equipment Package and financing to help power Ares EIF’s Birdsboro Power 79
Jan 16, 2017: GE to supply HA gas turbines to Bahrain’s Alba 80
Dec 13, 2016: GE Announces more than $660 Million in Orders across Energy Ecosystem 82
Dec 07, 2016: Contract on modernising the flue gases denitrification installation in Kozienice Power Plant signed 83
Dec 05, 2016: TREDAS and GE launch the first integrated Smart Grid Operation System in Turkey 84
Dec 02, 2016: Human error causes Block Island wind turbine malfunction 85
Nov 30, 2016: Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions 86
Oct 06, 2016: New York Power Authority (NYPA) and GE Power Sign Enterprise-Wide Software Agreement to Provide Cleaner and More Reliable Power, Improve Energy Infrastructure Operations 87
Jul 19, 2016: DOE to Invest $30 Million in Projects Developing Components for Advanced Turbine and Supercritical CO2-Based Power Cycles 88
May 12, 2016: Installing Steam Turbines in the Place of the Rising Sun 90
Feb 24, 2016: Digital Transformation of Energy Accelerating GE’s Digital Plans for Power Industry 91
Appendix 92
Methodology 92
About GlobalData 92
Contact Us 92
Disclaimer 92
GE Power, Power, Key Facts, 2016 2
GE Power, Power, Deals Summary, 2011 to YTD 2017 2
GE Power, Power, Deals By Year, 2011 to YTD 2017 7
GE Power, Power Deals By Type, 2011 to YTD 2017 8
GE Power, Power, Deals By Region, 2011 to YTD 2017 9
GE Power, Deals By Sector, 2011 to YTD 2017 10
GE Power, Power, Deals Summary, 2011 to YTD 2017 11
Qaiwan Completes Project Financing of USD105 Million for Refinancing of Bazian Natural Gas Fired Power Plant in Iraq 12
GE Power Forms Partnership with Saudi Electricity 13
GE Power Forms Partnership with CS Bioenergia to Develop Biomass Power Plant in Brazil 14
Clarcor Completes Acquisition Of Air Filtration Business From GE Power & Water For Up To US$265 Million 15
GE Power Completes Acquisition of Doosan Engineering & Construction HRSG from Doosan Engineering for USD250 Million 17
GE Power & Water Acquires Blade Dynamics 18
GE Power & Water to Acquire Monsal 19
APR Energy Acquires GE Power & Water From General Electric For US$361.5 Million 20
GE Power, Key Competitors 22
GE Power, Key Employees 23
GE Power, Subsidiaries 24
GE Power, Business Unit 24
