GE, Others To Construct $700M Power Plant In Argentina

Law360, Chicago (July 9, 2012, 4:17 PM EDT) -- Spanish power project developer Duro Felguera SA said Friday it will team with General Electric Co. and Fainser SA to build a gas-fired power generation facility in Argentina, a project expected to bring in a total investment of more than $700 million.

Duro Felguera is set to carry out more than €300 million ($368 million) worth of work under the turnkey contract to construct the Vuelta de Obligado power generation project in the town of Timbues in Argentina's Santa Fe province, the Spanish company said. Argentina...
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