U.S. Geothermal Announces Power Purchase Agreement for Planned Raft River Unit Two

From: CCNMatthews Newswire | Date: March 11, 2008 | Copyright information

BOISE, IDAHO--(Marketwire - March 11, 2008) - U.S. Geothermal Inc. ("U.S. Geothermal") (TSX:GTH)(OTCBB:UGTH), a renewable energy company focused on the production of electricity from geothermal energy, announced that Eugene Water and Electric Board ("EWEB"), of Eugene Oregon, has signed a power purchase agreement ("PPA") for the planned Unit Two power plant at Raft River. The PPA allows for variable electrical output up to a maximum of 16 megawatts with a term of 25 years. The PPA is subject ...

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