Ormat Signs $65M Deal for Geothermal Plant

Moresco, Justin
January 2009
Red Herring;1/21/2009, p6
Trade Publication
The article reports that Ormat Technologies will construct the Las Pailas geothermal plant in Costa Rica. Banco Centoamericano de Integración Económica will finance and own the plant, which will be in operation by 2010. Instituto Costarricense de Electricidad will purchase the power. The Pailas plant will mark the fifth geothermal power plant built in Central America by Ormat and totaling 150 MW of generation capacity.


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