STXNEWS LATAM-GE signs contract with Batista's LLX for plant at Brazil port

Wed Nov 28, 2012 10:46pm EST

General Electric signed a contract with Brazilian logistics firm LLX, controlled by billionaire Eike Batista, to install a plant at the Acu port in Rio de Janeiro state, according to a Wednesday securities filing.

The complex will focus on generating power and processing oil and natural gas, according to the filing. Financial terms of the agreement were not disclosed.