GE signs electric service agreement for Northern Iraq

Dubai, United Arab Emirates, September 20, 2011 —GE signed a multi-million dollar, multi-year agreement with Mass Global Investment Co., an independent power producer in Northern Iraq.

The agreement is designed to help Mass Global maintain the high reliability and overall performance of the 18 GE gas turbines installed at the Arbil, Sulaimaniyah and Dohuk power plants, located in Iraq's Kurdistan region.

The long-term agreement covers the supply of parts and repairs services for planned outages of the GE Frame 9E gas turbines over a period of 12 years. The agreement also will support the building of local technical expertise with a tailored training program for more than 30 Mass Global engineers.

The key components of the contract also include inter-changeability of the latest parts technology for Mass Global's installed base, joint outage planning to provide the highest reliability, specially expedited parts delivery and customized field training program for Mass Global's engineers.

This agreement follows earlier announcements that GE is supplying Frame 9E gas turbines to Arbil, Sulaimaniyah and Dohuk provinces. The GE Frame 9E gas turbines come equipped with flexible fuel handing capabilities, accommodating a wide range of fuels. With these agreements, Mass Global will generate more than 2,250 MW of power for the Kurdistan region.

This agreement further reiterates the leading role that GE is playing in supporting the growth of Iraq's energy sector and the strong relationships the company has forged with leading utility providers across the country,

GE's long-term service agreements are structured to provide customers with predictable maintenance costs. To date, GE has long-term service agreements in place at more than 700 sites worldwide.

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