Nevada Geothermal Power

Nevada Geothermal Power
Nevada Geothermal Power
Type Public
Headquarters Vancouver, British Columbia, Canada
Key people Brian Fairbank, President & CEO; Andrew Studley, CFO
Employees 25
Website www.nevadageothermal.com

Nevada Geothermal Power Inc. (OTCBB: NGLPF, TSX-VNGP) is an emerging renewable energy developer focused on producing clean, sustainable geothermal electric power from high temperature geothermal resources in the United States. Based in Vancouver, BC, the company has 5 geothermal projects in the Western United States. Despite federal government loan guarantees, the company is facing financial trouble and there is "significant doubt about the company’s ability to continue as a going concern".[1]

Contents

Projects

NGP currently owns a 100% leasehold interest in five properties: Blue Mountain, Pumpernickel, Edna Mountain, and Black Warrior (located in Nevada), and Crump Geyser in Oregon. The projects have a production potential of over 200 MW, enough green energy to power approximately 200,000 homes.

NGP’s Blue Mountain ‘Faulkner 1’ 49.5 MW gross geothermal power project started producing commercially in November 2009. But it's actual production is only 35 MW.[1]

Management

  • Brian D. Fairbank, B.A.Sc., P. Eng., President and Chief Executive Officer
  • Andrew T. Studley, P. Eng, CPA, MBA, Chief Financial Officer
  • Kim Niggemann, B.Sc., Geologist Project Director
  • Max Walenciak, P. Eng, Geothermal Development Manager
  • Shelley Kirk , Corporate Communications/Investor Relations
  • Mark Kolar, Operations Manager

Directors

  • Brian D. Fairbank, President & CEO
  • Andrew Studley, CFO & Secretary
  • R. Gordon Bloomquist
  • Richard G. Campbell
  • Markus K. Christen
  • Domenic J. Falcone
  • Ross O. Glanville
  • James E. Yates

See also

References

External links


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