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Stock Market & Financial Investment News

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November 14, 2011
08:38 EDTHTMU.S. Geothermal secures $9M cash grant Bbridge loan for San Emidio project
U.S. Geothermal announced the signing of a bridge loan agreement between its wholly owned subsidiary USG Nevada LLC and Ares Capital Corporation. The bridge loan has monetized the Section 1603 ITC cash grant associated with the planned commercial operation of the new Phase I power plant at the San Emidio Geothermal Project, located in Washoe County, Nevada.
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