"We are proud to report that our performance for 2014 exceeded our expectations, with Generation, Revenues, EBITDA, and Net Income all coming in towards the high end of the guidance that we had previously provided for calendar year 2014," said Dennis Gilles, U.S. Geothermal's Chief Executive Officer and GRC Board Member.
"Wrapping up the year with an especially strong fourth quarter performance has put us in a strong operational and financial condition to continue growing the company; both from developing our internal project pipeline and through strategic acquisitions. All three facilities are operating with availability percentages in the high 90s. Our operating team has done an outstanding job of ensuring consistently strong generation from each facility."
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