USA, Nevada:

Ormat Announces Commercial Operation of McGinness Hills Geothermal Power Plant (Marketwatch - News Release)

Ormat Technologies, Inc. announced today that its McGinness Hills geothermal power plant located in Lander County, Nevada met the requirements for commercial operation under the OFC 2 Senior Secured Notes. 

The 30 MWe (net capacity) power plant has been in full operation since June 15, 2012, selling the renewable electricity to NV Energy under a 20-year Power Purchase Agreement at approximately half of the full energy price. Full energy prices are expected to be paid upon NV Energy's approval of the Commercial Operation Date (COD).

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