Seeking Alpha

US Geothermal Inc (HTM)

  • May 10, 2012, 12:28 PM
    U.S. Geothermal (HTM +10.2%) begins performance testing on its new San Emidio power plant. During testing, all power generated will be sold at $50/megawatt-hour; upon acceptance of commercial operation by NV Energy (NVE), the power rate will increase to $89.75/megawatt-hour with a 1% annual escalation.
    | May 10, 2012, 12:28 PM | Comment!
Company Description
U S Geothermal Inc is a renewable energy company engaged in the development, production & sale of electricity from geothermal energy. It operates geothermal power projects at Neal Hot Springs, Oregon, San Emidio, Nevada & Raft River & Idaho.
Sector: Utilities
Country: United States