Tuesday, July 5, 2016

Guadeloupe: Ormat Finalizes Purchase of 14.75 MW Bouillante Geothermal Power Plant

Ormat Announces Closing of Acquisition of the Bouillante Geothermal Power Plant in the Island of Guadeloupe (News Release)

Bouillante geothermal power plant (Courtesy BRGM)

Ormat Technologies, Inc. announced today it has closed its previously announced acquisition of Geothermie Bouillante SA (GB). GB owns and operates the 14.75 MW Bouillante geothermal power plant located in Guadeloupe Island, a French territory in the Caribbean. 

The Bouillante plants currently generate approximately 10 MW. Ormat plans modifications to the existing equipment as well as to further develop the asset, with a potential of reaching a total of 45 MW in phased development, by 2021.