U.S. Geothermal Inc. (NYSE: HTM, TSX: GTH) said that its subsidiary, USG Oregon LLC, was approved for a $35.9 million cash grant from the U.S. Department of Treasury for the 35 MW Neal Hot Springs geothermal power plant in Oregon. The company will receive $32.7 million in payments because of a sequestration reduction rate of 8.7 percent. Read More.....Wednesday, March 27, 2013
USA, Oregon:
Geothermal project gains $35mn cash grant (pennenergy)
U.S. Geothermal Inc. (NYSE: HTM, TSX: GTH) said that its subsidiary, USG Oregon LLC, was approved for a $35.9 million cash grant from the U.S. Department of Treasury for the 35 MW Neal Hot Springs geothermal power plant in Oregon. The company will receive $32.7 million in payments because of a sequestration reduction rate of 8.7 percent. Read More.....
U.S. Geothermal Inc. (NYSE: HTM, TSX: GTH) said that its subsidiary, USG Oregon LLC, was approved for a $35.9 million cash grant from the U.S. Department of Treasury for the 35 MW Neal Hot Springs geothermal power plant in Oregon. The company will receive $32.7 million in payments because of a sequestration reduction rate of 8.7 percent. Read More.....