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Nevada Geothermal restructuring debt
18 January 2012
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[nevada geothermal]
[faulkner]
[nevada]
Nevada Geothermal Power has hired Canaccord Genuity as financial adviser on the restructuring of its outstanding mezzanine debt and recapitalisation the company. It owed $88 million on a 15-year construction loan from EIG Global Energy Partners in May 2011. The company’s 45MW net Faulkner 1 geothermal project was expected to produce about 35MW to 37MW net in...
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