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NGP says it's still working with Canaccord Genuity to restructure its $91.3 million debt to EIG Global Energy Partners. Nevada Geothermal Power defaulted on its loan from EIG in December.
Tuesday, May 29, 2012
Canada:
Nevada Geothermal Power Reports Results for Last Quarter (News Release - MarketWatch)
Nevada Geothermal Power (NGP) of Vancouver says its Faulkner 1 geothermal power plant at Blue Mountain near Winnemucca produced 65,784 megawatts during the quarter ended Dec. 31, a 2 % increase from the same period a year earlier.
