Monday, March 24, 2014

USA, California:

Geothermal Energy Developer is Imperial Valley Company of the Year (Imperial Valley Press)

CalEnergy Operating Corporation was recently recognized as the 2014 Company of the Year by the Imperial Valley Economic and Development Corporation.

The Imperial Valley Renewable Energy Corporate Leadership Award was presented to CalEnergy Operating Corporation representatives at the Imperial Valley Renewable Energy Summit in Winterhaven on March 14.

The annual award is presented to an organization that makes significant contributions to growing the renewable energy industry to the benefit of the region, a press release stated.

"CalEnergy is honored to receive this award," said Steve Larsen, president of CalEnergy, in a written statement. "We recently renewed our long-term commitment to the area with an announcement to invest more than $1 billion in capital improvements to our existing facilities to sustain the geothermal energy generation for California and surrounding areas for the next 30 years. It is great to have the community support behind us as well."

CalEnergy owns and operates 10 geothermal generation facilities in the Salton Sea Known Geothermal Resource Area in California’s Imperial Valley. CalEnergy, also known as MidAmerican Geothermal, is a subsidiary of MidAmerican Renewables.

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