NGP seeks $10m to support Nevada geothermal development

September 3, 2010

Geothermal power plant developer Nevada Geothermal Power is aiming to raise $10 million in a share sale.

The company based in Vancouver is to use the funds to further develop its Faulkner 1 geothermal power plant at Blue Mountain, Nevada.

The funds would also support development of other existing projects. KBH Capital Corp is assisting with the offering.

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