GE Awarded 12-Year Services Contract by NV Energy to Help Boost Power Plant Fleet Performance in Nevada


o Pact with GE to Help NV Energy Achieve Greater Reliability and Efficiency at Four Plants

o GE Bolsters Position as Preferred Long-term Service Agreements Partner for U.S. Utilities

ATLANTA, GA -GE (NYSE: GE) today announced it has been awarded a 12-year services contract by Nevada utility NV Energy to help ensure the long-term reliability and availability of four key power plants within the company's generating fleet.

The agreement covers GE-designed 7FA/D11 gas and steam generation equipment at NV Energy's Frank A. Tracy, Chuck Lenzie, Harry Allen and Silverhawk combined-cycle power stations.

"Our strategic service agreement with GE is designed to increase the long-term reliability of our power plants and to help ensure maximum operational flexibility," said Kevin Geraghty, NV Energy's vice president of power generation. "Increasing the long-term reliability of our plants will help us control energy prices and meet the diverse energy demands of our customers."

"Our services agreement is the starting point of the strong partnership we look forward to growing with NV Energy to meet its requirements for service excellence and maximum operational flexibility and reliability," said James Kaveney, general manager-GE Energy Power Generation Services Americas.

"More utilities across the country are looking to GE as their preferred, long-term service agreement partner because we have the expertise and scale to help operators achieve greater savings and performance of their generating fleets," added Bill Jayne, GE Energy West region executive.

NV Energy is a Las Vegas-based electricity and natural gas utility that serves a 54,500-square-mile service territory and provides a wide range of energy services and products to approximately 2.4 million citizens of Nevada.

About GE

GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's website at www.ge.com.

GE serves the energy sector by developing and deploying technology that helps make efficient use of natural resources. With nearly 85,000 global employees and 2009 revenues of $40 billion, GE Energy www.ge.com/energy is one of the world's leading suppliers of power generation and energy delivery technologies. The businesses that comprise GE Energy-GE Power & Water, GE Energy Services and GE Oil & Gas-work together to provide integrated product and service solutions in all areas of the energy industry including coal, oil, natural gas and nuclear energy; renewable resources such as water, wind, solar and biogas; and other alternative fuels.

Media contacts:

GE news

Masto Public Relations

Email: information@mastopr.com

Brian McGuire

GE Energy Services

Phone: +1 678 844 3929

Email: brian.mcguire@ge.com

Delitha Morrow Coles

GE Energy (North America)

Phone: 1 678 844 5793

Email: delitha.morrowcoles@ge.com

Mark Severts

NV Energy

Phone: +1 702 402 5523

Email: mseverts@nvenergy.com

Ken Darling

Masto Public Relations

Phone: +1 518 786 6488

Email: kenneth.darling@ge.com

Howard Masto

Masto Public Relations

Phone: + 1 518 786 6488

Email: howard.masto@ge.com

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