Tuesday, February 28, 2012


Nevada Geothermal Power Reports Dec Quarter Results (Press Release - Nevada Geothermal)

Nevada Geothermal Power Inc. today announced results for the quarter ended December 31, 2011.

Revenue from electricity sales fell from US$5.8 million in the 2010 Dec quarter to $5.1 million. EBIDTA was $1.4 million, down from $3.6 million in the previous corresponding quarter. NGP also reported a net loss of $3.9 million in the 2011 Dec quarter, versus a net profit of $300,000 the previous corresponding quarter.

NGP shares are down 5.56%, to 8.5 cents. About 139,000 shares have changed hands.

The Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis (MD&A) are available at www.sedar.com and on the Company's website at http://www.nevadageothermal.com.