Should Geothermal Project Companies be Public?
- Key words
- ITC; Geothermal; Ormat; IPO; Magma Energy; Nevada Geothermal; Sierra Geothermal; G4G Resources; Ram Power; US Geothermal; Raser Technologies; IPP; Power Income Trust; PIPE; Secondary; JV
- Conference
- Geothermal Resources Council Transactions
- Year
- 2010
- Session
- Business administration; Financing; Economics
- Language
- English
Abstract
The publicly listed geothermal companies have raised equity of $1.807 billion since April 2004 in 83 transactions. Private geothermal companies have raised $861 million during the same time period in 32 transactions (Appendix A). The public return in the last three years has averaged a loss of (51)%. Should the geothermal project companies be public?
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