Geothermal company operating in a stable country with a government PPA with high rates. Looking for $15 m for 40% ownership for phase 1 totalling 15MW.
- Proven reserves
o 30 million megawatts
- Probable reserves
o 140 million megawatts
o 170 million megawatts
- Investment gives holder a 6MW pro rata ownership interest.
- Investment triggers contruction and completion of full 15MW project w/o further investments necessary by either party.
- Very low interest debt financing is in place ready to be triggered by new partners’ outlay
- First right or refusal will be given to the partner during further development of the 170MW
- Stable low risk returns in the 10-12% range, producing base load power under PPA.
Seeking any type of institutional investment or potential drilling outfit for exchange of services for equity. Other proposals will also be considered.
Geothermal is the lowest cost, lowest environmental inpact, method of producing green renewable energy, and is not intermitent like ALL other kinds of RE providing a reliable base-load generating source.
If you are an investor, please contact us on Merar for more information.