USA, California: Big Progress for US Geothermal 30 MW Geysers Project

Interconnection Agreement Received for WGP Geysers Power Project

Key Milestone Obtained for 30 MW Geysers Project Development

U.S. Geothermal Inc. announced today that on March 6, 2016 Western GeoPower, Inc., its wholly owned subsidiary, received the fully executed Large Generator Interconnection Agreement (LGIA) for the WGP Geysers geothermal project with the California Independent System Operator (CAISO) and Pacific Gas & Electric (PG&E).

The WGP Geysers project is located in Sonoma County, California, approximately 90 miles north of San Francisco and is one of four major projects under development by US Geothermal. Reservoir testing has determined that a steam resource capable of supporting a 30 MW power plant exists on the property.

"This agreement is an important milestone in our development of the WGP Geysers Project," said Dennis Gilles, CEO of U.S. Geothermal and GRC Board Director. "It allows us to gain access to the transmission grid and means that we can now offer a firm delivery date in our PPA negotiations."

The LGIA is the most critical document in the overall process for interconnecting the planned geothermal power plant to the CAISO controlled PG&E transmission system. The agreement provides for up to 35 megawatts of transmission capacity and allows for a Commercial Operations Date as early as June 1, 2018.

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