GE DISTRIBUTED POWER AND NAVIGAT SIGN SOUTHEAST ASIA GAS ENGINE SUPPLY AND SERVICE AGREEMENTS

-Demonstrating the growth potential for its new Distributed Power business, GE (NYSE: GE) today announced it is nearly finished supplying Navigat Energy Pte Ltd. with 100 gas engines for on-site power projects throughout Southeast Asia. The 100 natural gas and ecomagination qualified biogas gas engines will be installed at various sites in Indonesia and Thailand and produce a total of 330 megawatts (MW) of more efficient, reliable on-site power to support economical growth of remote areas in Indonesia and Thailand.

Navigat, a leading integrated developer of distributed power projects in Southeast Asia, is GE’s authorized distributor of Jenbacher gas engines in Indonesia, Thailand and Singapore. Under the frame agreement, GE supplied 70 natural-gas fueled engines for Navigat-owned independent power plant (IPP) projects in Indonesia and another 30 engines for palm oil biogas power projects in Thailand. The bulk order is one of two major gas engine supply and service contracts GE signed with Navigat Energy. The agreements were announced today during the launch of GE’s Distributed Power business, which was established to meet the world’s demand for smaller on-site power solutions.