10 November '10
4:03 PM UTC
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  Geothermal

IFC Closes $160M Financing For LatAm Geothermal Expansion

The World Bank’s International Finance Corporation (IFC) recently closed a debt financing supporting the expansion of a geothermal power plant in Nicaragua. Read More »

29 September '10
4:02 PM UTC
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  Geothermal

Terra-Gen Closes $286M Leaseback

Terra-Gen Power has closed a $286 million leaseback financing supporting its 67 megawatts Dixie Valley geothermal power plant in Churchill County, Nev. The facility is backed by a long-term power purchase agreement with Southern California Edison. Read More »

27 September '10
10:24 AM UTC
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  Geothermal

Nevada Geothermal Closes $10M Private Placement

Vancouver, B.C.-based Nevada Geothermal Power has closed a C$10,350,000 ($10,110,387) private placement to finance the development of  its 49.5-megawatts Blue Mountain Faulkner 1 geothermal power plant in northwestern Nevada. Read More »

20 September '10
9:45 AM UTC
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  Geothermal

Ormat Secures $108M In DOE Cash Grants

Reno, Nev.,-based geothermal developer Ormat Technologies has secured $108.2 million in Department of Energy 1603 cash grants. Ormat plans to use the government cash to support the construction of about 100 megawatts in new capacity, including the North Brawley geothermal power plant in California. Read More »

28 July '10
9:29 AM UTC
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  Geothermal

Bjork Rocks Iceland Into Probing Magma’s HS Orka Acquisition

Bjork, Fighting Canadian takeover of Iceland's geothermal resources.

When a story combines sizzling-hot steam generated from deep inside the earth’s core and Bjork, the iconic Icelandic singer, you’ve got something special. Read More »

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