Ormat Technologies Offered Conditional Commitment for $350M DOE Loan Guarantee

Ormat Technologies, Inc. ORA today announced its subsidiary, Ormat Nevada Inc. received an offer of a conditional commitment from the DOE that would provide a partial guarantee for up to a $350 million loan to support a geothermal power project expected to generate up to 121 MW of power from three Nevada based facilities built in two phases.
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