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BRIEF-Golar Power reaches final investment decision on Sergipe Power Project

Oct 17 Golar LNG Ltd

* Press release - Golar power reaches a final investment decision on Sergipe Power Project and signs 25 year FSRU agreement

* Golar Power - Celse to enter into lump sum turn-key EPC agreement with GE to build, maintain and operate a 1.5 GW combined cycle power plant in Brazil

* Golar Power- also increased its ownership in Sergipe Project from 25 pct to 50 pct

* Golar Power- capital expenditure for power station and terminal including taxes and financing costs is estimated at $1.3 billion Source text for Eikon: Further company coverage:

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