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Press Release

Saskatchewan Invests to Address Province's Growing Energy Needs, Selects GE Technology

August 04, 2010

New Power Plants to Benefit from Operational Flexibility of GE Gas Turbines

SASKATOON, SASKATCHEWAN---August 4, 2010---Supporting the diverse and growing energy needs of Saskatchewan, Canada, GE has signed two contracts at a total value of approximately $87 million with Northland Power, an independent power producer based in Toronto, to supply power generation equipment and commissioning services for two natural-gas-fired power plants.

Responding to two requests for proposals in Saskatchewan, Northland Power was recently selected by SaskPower to provide 261 megawatts (MW) of base load power and 87 MW of peaking power. GE will supply its 7FA heavy duty gas turbine for the North Battleford baseload power plant and two LM6000- PF aeroderivative gas turbines for the Spy Hill peaking plant.

According to local utility SaskPower, there are two primary factors causing the need for new electricity supply sources---the need to retire or life-extend select generating units and the growing demand for electricity in Saskatchewan. Based on the current projected supply gap, SaskPower will have to rebuild, replace or acquire approximately 4,100 megawatts by 2030, resulting in the need for significant new generation and transmission infrastructure.1

"GE is an experienced, reliable provider who understands the technology and environmental needs of our business and is uniquely qualified to meet those needs," said John Brace, president and CEO, Northland Power. "The solutions from GE provide us with the flexibility to respond to a range of operating conditions and varying demands to help meet the power needs of Saskatchewan with efficient and reliable power."

"Canada is a key growth area due to its commitment to cleaner energy, and our project with Northland Power reinforces GE's commitment to serving the world's energy demands responsibly," said Keith Triginer, country executive---Canada for GE Energy. "The fuel and operational flexibility features of our technology will help Saskatchewan meet its environmental goals."

The LM6000-PF aeroderivative gas turbines are GE ecomagination approved. To earn ecomagination approval, a product is evaluated for its ability to significantly and measurably improve a customer's environmental and operating performance. The rigorous, multi-tiered review process is concluded with an independent, third-party audit to ensure accuracy and thorough documentation of technological performance.

Northland Power is a publicly listed Canadian developer, operator and owner of power plants. Northland has a net generating capacity of 872 MW in operation and more than 3,300 MW in construction or development.

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 $37 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.

http://www.saskpower.com/ourpowerplan/

For more information,please contact: Kevin Norris
GE Power & Water
Heavy Duty Gas Turbines
+1 678 844 4568
[email protected]

Rick Goins
GE Power & Water
Aeroderivative Gas Turbines
+1 713 803 0366
[email protected]

Kim Warburton
GE Canada
+1 905 858 5678
[email protected]

Gina DeRossi or Howard Masto
Masto Public Relations
+1 518 786 6488
[email protected]
[email protected]

Sarah Triantafillou
[email protected]


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