GE & Sumitomo Sign Agreement with SEWA to Develop, Build & Operate Sharjah’s First Independent Combined Cycle Power Plant

Sharjah, UAE; January 29, 2019: GE (NYSE: GE) and Japan’s Sumitomo Corporation have reached a public-private partnership milestone by signing a 25 year Power Purchase Agreement (PPA) with the Sharjah Electricity and Water Authority (SEWA) to develop, build and operate a 1.8 gigawatt (GW) combined cycle power plant located in Hamriyah.

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