Department of Energy Issues Loan Guarantee Supported by Recovery Act for Nevada Geothermal Project

Washington D.C. – September 7, 2010 – (RealEstateRama) — Energy Secretary Steven Chu today announced a partial guarantee for a $98.5 million loan to the 49.5 megawatt Blue Mountain geothermal project in Humboldt County in northwestern Nevada. The loan guarantee is being issued to John Hancock Financial Services to support a loan to a subsidiary of the Nevada Geothermal Power Company


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The U.S. DOE Energy Efficiency and Renewable Energy (EERE) provides information on energy efficiency and renewable energy technologies.

The Office of Energy Efficiency and Renewable Energy  works to strengthen the United States' energy security, environmental quality, and economic vitality in public-private partnerships. It supports this goal through: Enhancing energy efficiency and productivity, Bringing clean, reliable and affordable energy technologies to the marketplace, and Making a difference in the everyday lives of Americans by enhancing their energy choices and their quality of life.

Contact:

Office of the Assistant Secretary
Energy Efficiency and Renewable Energy
Mail Stop EE-1
Department of Energy
Washington, DC 20585

Phone: 1-877-EERE-INF (1-877-337-3463)

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