NGP loan restructuring (Northern Nevada Business Weekly)
Nevada Geothermal Power of Vancouver says it's still unable to make full payments on its mezzanine financing debt with Global Energy Partners due to low power production levels at its Faulkner 1 geothermal plant at Blue Mountain. NGP says it's in the late stages of a restructuring plan on the $91.3 million debt, and that it is making full payments on $91.7 million senior debt with John Hancock Life Insurance.
