• The upgrades to the advanced gas pipeline at the Banha plant are expected to contribute to increased production capacity and improved efficiency.
• The projects are in line with Egypt's goals to modernize the electricity sector's infrastructure and improve energy efficiency.

Cairo, Egypt – GE Vernova (NYSE: GEV) announced the signing of agreements with Middle Delta Electricity Production Company, a subsidiary of the Egyptian Electricity Holding Company, to implement strategic projects at the Banha and Nubaria power generation plants in the Arab Republic of Egypt.

The scope of work includes implementing two advanced gas path technology upgrades on two 9F gas turbines at the Banha power plant, along with multi-year service agreements for the Banha and Nubaria power plants, spanning 15 and 8 years respectively. These initiatives are expected to support efforts to modernize the power generation infrastructure and improve operational efficiency.

These projects are expected to be implemented over three years, which is in line with Egypt’s broader efforts to modernize its electricity generation infrastructure, support energy security, and improve the efficiency of electricity production .

Engineer Mohamed El-Saeed Mohamed El-Abd, Chairman and Managing Director of Middle Delta Electricity Production Company, said: “ The agreements with GE Vernova include an initiative to upgrade the existing F -class gas turbines, which is expected to contribute to increasing the production capacity of each gas turbine, improving efficiency by approximately 2%, and thus generating additional quantities of electricity with more efficient use of fuel, and may also contribute to reducing carbon emissions per megawatt-hour .”

Joseph Anis, President and CEO of GE Vernova's Power Gas business in Europe, the Middle East and Africa, said: " In many power systems around the world, improving the efficiency, availability and operational performance of the existing generation fleet can play a significant role in meeting the growing demand for electricity and achieving the strategic goals of the energy sector. In this context, upgrades such as Advanced Gas Pathway technology can help operators enhance production capacity, extend maintenance intervals, and improve efficiency, supporting more reliable electricity generation. We are pleased to support Middle Delta Power Generation Company in its efforts to upgrade these units and help meet Egypt's electricity generation needs ."

For over 50 years, GE Vernova has supported Egypt's power infrastructure through diverse equipment and solutions, developing local expertise, and providing financing for energy projects across various sectors of the power industry. Today, the company continues to support institutions and stakeholders in the country in areas such as power generation, transmission, digital energy solutions, and more. Currently, there are over 60 GE Vernova gas and steam turbines in Egypt, with a total generating capacity of approximately 10 gigawatts .

For more information, please contact:

Mahmoud Fansa

Director of Corporate Communications and Media – Middle East

GE Vernova Company

Mahmoud.Fansa@gevernova.com

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