Now viewing all posts tagged Ram Power

Ram Power Walks Away From Southern California Edison PPA

Ram Power has announced the cancelation of a crucial long-term power purchase agreement with Southern California Edison (SCE) for the sale of power from its Orita project in Southern California’s Imperial Valley. It seems Ram was forced to cancel the contract because it was unable to secure development capital. In a statement Ram said its…

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Ram Power Closes $160M San Jacinto-Tizate Project

Geothermal developer Ram Power has closed a $160 million debt financing supporting the expansion of a key, fully contracted, Central American geothermal project.

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Exclusive: Geothermal Developer Set To Scope For Financing For $200M California Project

A Reno, Nev. geothermal developer plans to start talks with banks to finance the construction of a utility-scale project, which is set to go online in California over the next two years.

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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.

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Magma Energy IPO Starts Wave of Geothermal M&A

The C$100 million ($88.7 million) initial public offering this month of Canadian geothermal developer Magma Energy has kickstart a wave of consolidation as companies seek to create scale in a sector poised to benefit from significant government fundings. On Wednesday Reuters reported that four Geothermal developers –three Canadian companies and a U.S.-based developer — announced…

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