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GE Energy commits to $750m deal to supply gas turbines for EdF

9 October 2007 - Under agreements totalling more than $750m, GE Energy will supply six advanced technology, Frame 9FB gas turbine-generators and associated services to EdF for the utility's electrical power production facilities in France and elsewhere in Europe.

The new machines will be featured in combined-cycle power plants, helping address Europe's growing power requirements. In addition to the supply of the gas turbines, the scope of the agreements with GE includes contractual services providing maintenance services and spare parts for 12 years.

GE Energy's plant in Belfort, the only manufacturer of medium and high power gas turbines in France, will supply the equipment and handle plant engineering for the projects.

The six Frame 9FB units will be installed in the EdF group's production facilities in France and in some European subsidiaries. EdF is the main electricity generation and distribution company in France, and is one of the world's largest producers of electricity.

In addition, EdF has signed options to purchase additional gas turbines and services from GE. If those options are exercised, the total value of EdF's agreements with GE could exceed $1.2bn.




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